Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Madison County, Virginia?
County · Census ACS 5-Year estimates
The median gross rent in Madison County, Virginia is $1,166/month (±$169), based on Census ACS 5-Year estimates (2024). The median home value is $370,300 (±$23,921), and the median household income is $84,323/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Madison County, Virginia and Neighbouring Counties
Housing Metrics for Madison County, Virginia
| Metric | Value |
|---|---|
| Median Gross Rent | $1,166 |
| Median Home Value | $370,300 |
| Median Household Income | $84,323 |
| Total Housing Units | 5,482 |
| Renter-Occupied Units | 1,217 |
| Renter-Occupied Share | 22% |
| Households Paying 50%+ Income | 176 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $1,034 | +75.3% |
| 2 BR | $1,004 | +9.8% |
| 3 BR | $1,381 | +22.5% |
How does Madison County, Virginia compare?
Median gross rent ranked against all counties in Virginia.
Higher rent than 60% of counties in Virginia · 54th of 133
| # | County | Value |
|---|---|---|
| 1 | Loudoun County | $2,386 |
| 2 | Arlington County | $2,322 |
| 3 | Fairfax County | $2,276 |
| … 50 more … | ||
| 54 | Madison County(you are here) | $1,166 |
| … 76 more … | ||
| 131 | Norton city | $692 |
| 132 | Russell County | $653 |
| 133 | Bland County | $644 |
More data for Madison County, Virginia
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Frequently asked questions
What is the average rent in Madison County, Virginia?
The median gross rent in Madison County, Virginia is $1,166/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Madison County, Virginia?
The median rent for a 2-bedroom in Madison County, Virginia is $1,004/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$216. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Madison County, Virginia?
The median home value in Madison County, Virginia is $370,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Madison County are rent-burdened?
In Madison County, Virginia, 176 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Madison County, Virginia?
The median household income in Madison County, Virginia is $84,323/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,166 has a margin of error of ±$169. In very small areas, MOEs can be large relative to the estimate.
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