What is the median rent in New Market, VA?

Name: Median rent in New Market, VA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in New Market, VA is $919 (±$225) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 592 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In New Market, the median gross rent went from $725 in 2015–2019 to $919 in 2020–2024 (+26.8%).

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 November 12, 2026.

Median gross rent: $919 (±$225)
Rented homes: 592 (±200)
$2,000 or more: 5.4%
Since 2015–2019: +26.8%

How much rent costs in New Market

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	New Market	Shenandoah County	Virginia	United States
Less than $500	13.5% (±11.4 points)	7.7%	5.0%	6.3%
$500 to $999	48.1% (±16.6 points)	45.6%	16.1%	20.2%
$1,000 to $1,499	23.1% (±16.5 points)	33.2%	25.0%	28.1%
$1,500 to $1,999	9.8% (±7.5 points)	7.6%	24.4%	21.1%
$2,000 to $2,499	0.0% (±6.5 points)	4.6%	15.5%	12.0%
$2,500 to $2,999	0.0% (±6.5 points)	0.3%	6.9%	5.5%
$3,000 or more	5.4% (±6.6 points)	0.9%	7.0%	6.8%

The most common range is $500 to $999, paid by 48.1% of renting households.

5.4% of rented homes in New Market cost $2,000 or more a month.

New Market against Shenandoah County, its state and the nation

Estimate (90% margin of error)
	New Market	Shenandoah County	Virginia	United States
Median gross rent	$919 (±$225)	$984 (±$31)	$1,579 (±$8)	$1,413
Rented homes paying rent	592 (±200)	4,343 (±453)	1,045,770 (±8,216)	42,849,984

In New Market, median gross rent is not measurably different from Shenandoah County ($984).

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

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

In Shenandoah County, New Market ranks 6 of 7 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 311 of 428.

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

How rent in New Market has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$725 (±$123)	$919 (±$225)	+26.8%	No measurable change after inflation
Households that rent	60.0% (±6.7 points)	57.1% (±10.6 points)	−2.9 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±5.9 points)	0.0% (±6.3 points)	0.0 percentage points	Not 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 New Market

Nearest places with a published estimate, compared with New Market
Place	Distance	Median gross rent	Compared with this place
New Market	—	$919 (±$225)	—
Timberville	5.6 mi	$970 (±$60)	Not measurably different
Mount Jackson	6.6 mi	$984 (±$78)	Not measurably different
Broadway	7.5 mi	$1,095 (±$71)	Not measurably different
Stanley	10 mi	$841 (±$86)	Not measurably different
Shenandoah	11 mi	$1,093 (±$150)	Not measurably different
Luray	12 mi	$892 (±$82)	Not measurably different
Basye	13 mi	$1,033 (±$915)	Not measurably different
Edinburg	14 mi	$1,033 (±$136)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Median gross rent across Shenandoah County, place by place

Rank	Place	Median gross rent
1 (tie)	Basye	$1,033 (±$915)
1 (tie)	Edinburg	$1,033 (±$136)
3	Strasburg	$1,017 (±$105)
4	Woodstock	$1,005 (±$193)
5	Mount Jackson	$984 (±$78)
6	New Market	$919 (±$225)
7	Toms Brook	$845 (±$53)

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in New Market

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near New Market, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for New Market beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near New Market, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about New Market

What is the average rent in New Market, VA?

The Census Bureau publishes the median rather than the average: the median gross rent in New Market is $919 (±$225) 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 New Market?

In New Market, the median gross rent went from $725 in 2015–2019 to $919 in 2020–2024 (+26.8%).

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 New Market cost more than $2,000 a month?

5.4% of rented homes in New Market have a gross rent of $2,000 or more a month, and 13.5% cost less than $500.

Is rent in New Market higher than in Shenandoah County?

In New Market, median gross rent is not measurably different from Shenandoah County ($984).

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 New Market town, Virginia (place:55848, 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.