What is the median rent in Wise, VA?

The median gross rent in Wise, VA is $825 (±$108) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 372 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Wise, the median gross rent went from $646 in 2015–2019 to $825 in 2020–2024 (+27.7%).

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
$825 (±$108)
Rented homes
372 (±156)
$2,000 or more
6.7%
Since 2015–2019
+27.7%

How much rent costs in Wise

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentWiseWise CountyVirginiaUnited States
Less than $50015.3% (±14.2 points)15.2%5.0%6.3%
$500 to $99968.5% (±21.6 points)69.9%16.1%20.2%
$1,000 to $1,4999.4% (±10.1 points)12.4%25.0%28.1%
$1,500 to $1,9990.0% (±10.2 points)1.7%24.4%21.1%
$2,000 to $2,4996.7% (±10.8 points)0.9%15.5%12.0%
$2,500 to $2,9990.0% (±10.2 points)0.0%6.9%5.5%
$3,000 or more0.0% (±10.2 points)0.0%7.0%6.8%

The most common range is $500 to $999, paid by 68.5% of renting households.

6.7% of rented homes in Wise cost $2,000 or more a month.

Wise against Wise County, its state and the nation

Estimate (90% margin of error)
WiseWise CountyVirginiaUnited States
Median gross rent$825 (±$108)$790 (±$34)$1,579 (±$8)$1,413
Rented homes paying rent372 (±156)2,937 (±349)1,045,770 (±8,216)42,849,984

In Wise, median gross rent is not measurably different from Wise County ($790).

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

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

In Wise County, Wise ranks 2 of 6 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 352 of 428.

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

How rent in Wise has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$646 (±$44)$825 (±$108)+27.7%No measurable change after inflation
Households that rent41.9% (±8.2 points)28.7% (±10.8 points)−13.2 percentage pointsNot a measurable change
Rental vacancy rate5.8% (±6.2 points)19.5% (±17.1 points)+13.7 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 Wise

Nearest places with a published estimate, compared with Wise
PlaceDistanceMedian gross rentCompared with this place
Wise—$825 (±$108)—
Norton4.0 mi$692 (±$51)Lower
Coeburn6.5 mi$860 (±$277)Not measurably different
Pound10 mi$775 (±$194)Not measurably different
Dungannon12 mi$569 (±$105)Lower
Appalachia13 mi$766 (±$133)Not measurably different
Big Stone Gap13 mi$797 (±$92)Not measurably different
Jenkins14 mi$455 (±$169)Lower
Clintwood14 mi$714 (±$101)Not measurably different

Nearby places with a measurably lower figure: Norton, VA ($692), Dungannon, VA ($569), Jenkins, KY ($455).

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

Median gross rent across Wise County, place by place

RankPlaceMedian gross rent
1Coeburn$860 (±$277)
2Wise$825 (±$108)
3Big Stone Gap$797 (±$92)
4Pound$775 (±$194)
5Appalachia$766 (±$133)
6St. Paul$460 (±$146)

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 Wise

What is the average rent in Wise, VA?

The Census Bureau publishes the median rather than the average: the median gross rent in Wise is $825 (±$108) 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 Wise?

In Wise, the median gross rent went from $646 in 2015–2019 to $825 in 2020–2024 (+27.7%).

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 Wise cost more than $2,000 a month?

6.7% of rented homes in Wise have a gross rent of $2,000 or more a month, and 15.3% cost less than $500.

Is rent in Wise higher than in Wise County?

In Wise, median gross rent is not measurably different from Wise County ($790).

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 Wise town, Virginia (place:87072, 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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