What is the median rent in Honaker, VA?

The median gross rent in Honaker, VA is $548 (±$232) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 115 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Honaker, the median gross rent went from $553 in 2015–2019 to $548 in 2020–2024 (−0.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$548 (±$232)
Rented homes
115 (±77)
$2,000 or more
0.0%
Since 2015–2019
−0.9%

How much rent costs in Honaker

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentHonakerRussell CountyVirginiaUnited States
Less than $5009.6% (±15.4 points)26.2%5.0%6.3%
$500 to $99990.4% (±15.4 points)63.0%16.1%20.2%
$1,000 to $1,4990.0% (±28.6 points)10.0%25.0%28.1%
$1,500 to $1,9990.0% (±28.6 points)0.3%24.4%21.1%
$2,000 to $2,4990.0% (±28.6 points)0.4%15.5%12.0%
$2,500 to $2,9990.0% (±28.6 points)0.0%6.9%5.5%
$3,000 or more0.0% (±28.6 points)0.0%7.0%6.8%

The most common range is $500 to $999, paid by 90.4% of renting households.

0.0% of rented homes in Honaker cost $2,000 or more a month.

Honaker against Russell County, its state and the nation

Estimate (90% margin of error)
HonakerRussell CountyVirginiaUnited States
Median gross rent$548 (±$232)$653 (±$50)$1,579 (±$8)$1,413
Rented homes paying rent115 (±77)2,028 (±303)1,045,770 (±8,216)42,849,984

In Honaker, median gross rent is not measurably different from Russell County ($653).

It is also lower than in Virginia ($1,579).

It is lower than the national figure ($1,413).

In Russell County, Honaker ranks 4 of 4 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 423 of 428.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Honaker has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$553 (±$110)$548 (±$232)−0.9%No measurable change after inflation
Households that rent23.2% (±6.8 points)30.4% (±12.6 points)+7.2 percentage pointsNot a measurable change
Rental vacancy rate9.9% (±9.4 points)7.7% (±9.7 points)−2.2 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Honaker

Nearest places with a published estimate, compared with Honaker
PlaceDistanceMedian gross rentCompared with this place
Honaker—$548 (±$232)—
Raven8.1 mi$695 (±$39)Not measurably different
Richlands10 mi$804 (±$83)Higher
Lebanon10 mi$621 (±$152)Not measurably different
Cleveland11 mi$692 (±$211)Not measurably different
Cedar Bluff12 mi$860 (±$46)Higher
Claypool Hill13 mi$790 (±$290)Not measurably different
Saltville15 mi$645 (±$70)Not measurably different
Emory18 mi$595 (±$351)Not measurably different

Nearby places with a measurably higher figure: Richlands, VA ($804), Cedar Bluff, VA ($860).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Russell County, place by place

RankPlaceMedian gross rent
1Cleveland$692 (±$211)
2Castlewood$684 (±$151)
3Lebanon$621 (±$152)
4Honaker$548 (±$232)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Honaker

What is the average rent in Honaker, VA?

The Census Bureau publishes the median rather than the average: the median gross rent in Honaker is $548 (±$232) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Honaker?

In Honaker, the median gross rent went from $553 in 2015–2019 to $548 in 2020–2024 (−0.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Honaker cost more than $2,000 a month?

0.0% of rented homes in Honaker have a gross rent of $2,000 or more a month, and 9.6% cost less than $500.

Is rent in Honaker higher than in Russell County?

In Honaker, median gross rent is not measurably different from Russell County ($653).

It is also lower than in Virginia ($1,579).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Honaker town, Virginia (place:38280, in state:51).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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