Cost of Living in Wythe County, Virginia

$718/mo
Median Monthly Rent
$172,100
Median Home Value
37% below state averageUnaffordable

At a Glance

Median Monthly Rent
$718/mo
37% below state average
Median Home Value
$172,100
39% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Wythe County Compares

Median monthly rent comparison

Wythe County$718/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$718/mo
Median Gross Rent
$172,100
Median Home Value
$598/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Wythe County, Virginia

Wythe County achieves genuine affordability balance

Wythe County's 15.6% rent-to-income ratio stands out as the lowest among these five markets and below Virginia's 18.6% state average, proving that lower-income communities can still offer sustainable housing costs. Median rent of just $718 monthly keeps housing affordable even for the county's $55,359 median household income, a sharp contrast to coastal Virginia markets.

Wythe County leads Virginia in housing affordability

Wythe County's 15.6% rent-to-income ratio is the state's best among these analyzed markets, outperforming Virginia's 18.6% average through a winning formula of modestly lower wages paired with substantially lower rents. At $718 monthly, median rent is just 63% of Virginia's statewide average, making this southwestern county the clear affordability winner.

Wythe edges out Wise in affordability advantage

Wythe County's $718 median rent undercuts Wise County's $770 by $52 monthly, delivering the lowest rent among all five markets analyzed and a superior 15.6% rent-to-income ratio versus Wise's 18.2%. Both southwestern counties offer genuine affordability, but Wythe achieves it with the smallest housing-cost burden on household budgets.

Wythe: affordability through modest costs

Wythe County residents allocate just 15.6% of their $55,359 median household income to median rent of $718—the lowest burden among all five counties and below the sustainable 30% threshold. Homeowners commit $598 monthly (13% of income) on median-valued properties of $172,100, leaving 86% of income for other necessities and discretionary spending.

Wythe County: Virginia's hidden affordability gem

Wythe County offers the most sustainable housing-to-income ratio in this analysis, making it ideal for retirees, remote workers, and families prioritizing affordability over urban amenities. If you're relocating and housing costs drive your decision, Wythe County's $718 median rent and 15.6% burden make it Virginia's clearest win for budget-conscious movers.

Affordability Calculator

See how your income compares to housing costs in Wythe County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,292

per month

Owner Cost Burden

13.0%

of gross income

The median home in Wythe County may be a stretch

Median home value is $172,100. Estimated monthly cost: $1,374 vs. your max of $1,292.

Rent Affordability Guide

Your rent-to-income ratio15.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wythe County, Virginia?
Wythe County, Virginia has a median monthly rent of $718/mo and a median home value of $172,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Wythe County?
The median gross rent in Wythe County is $718/mo. This is 37% below state average for Virginia.
Is Wythe County affordable?
Wythe County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wythe County's rent compare to the state average?
Wythe County's median rent of $718/mo is 37% below state average of $1,140/mo for Virginia.
What is the median home value in Wythe County?
The median home value in Wythe County, Virginia is $172,100. This is 39% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Wythe County, Virginia? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Wythe County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.