The Most Affordable Neighborhoods in Wise County, VA by Home Value

Home Price Key

These days, finding an affordable place to live in the Wise County area can be challenging. Home prices in Wise County are now at a median cost of $104,860, lower than the Virginia average of $323,261.

The average cost of rent is $698/mo in Wise County, primarily driven by the current value of real estate in the Wise County area. While nearly 55.83% of residents own their homes outright in Wise County, 29.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wise County is $3,904 per month. Households that rent pay about 17.89% of their income on rent here. Wise County's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the county.

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