Wise County, VA

2025 Fair Market Rents

Tags: 2025 Virginia

Return to the state page to see where Virginia ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Wise County are Wise, Norton, Pound, and Appalachia. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Wise County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Wise County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Wise County compare?

Wise County ($851) has a 36.7% lower FMR for 2-Bedroom housing than the average of Virginia ($1,345) and therefore has a lower gross rent.

Wise County is rank 109th out of 133 counties. This means the FMRs, or in other words, the gross rent is lower than 108 other counties. Wise County is the 25th cheapest county in terms of FMRs.

Rent Tables Wise County, VA

Fair Market Rent (40th Percentile)

$657
studio
$661
1-Bedroom
$851
2-Bedroom
$1,127
3-Bedroom
$1,429
4-Bedroom

Median Rent (50th Percentile)

$657
studio
$661
1-Bedroom
$851
2-Bedroom
$1,127
3-Bedroom
$1,429
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24216 $700 $700 $920 $1,220 $1,540
24246 $690 $690 $900 $1,190 $1,500
24273 $690 $700 $910 $1,210 $1,530
24279 $660 $670 $850 $1,130 $1,430
24293 $660 $670 $850 $1,130 $1,430
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24216 $630 $630 $828 $1,098 $1,386
24246 $621 $621 $810 $1,071 $1,350
24273 $621 $630 $819 $1,089 $1,377
24279 $594 $603 $765 $1,017 $1,287
24293 $594 $603 $765 $1,017 $1,287
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
24216 $770 $770 $1,012 $1,342 $1,694
24246 $759 $759 $990 $1,309 $1,650
24273 $759 $770 $1,001 $1,331 $1,683
24279 $726 $737 $935 $1,243 $1,573
24293 $726 $737 $935 $1,243 $1,573

Fair Market Rents on this page apply to the following cities in Wise County, Virginia: Wise, Norton, Pound, Appalachia, East Stone Gap, and Andover.

These Fair Market Rents also apply to the following ZIP codes in Wise County, Virginia: 24293, 24273, 24279, 24216, 24246, and 24215.

More on Wise County, VA

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Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.