RentData

Average Rent in Nottoway County, VA↑ Rents rising 5.2% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 15,597

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Nottoway County, VA has rental prices ranging from $779/month to $1,703/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $784/month — 44% below the national average of $1,400/month. With a median household income of $62,161/year, spending $784/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Nottoway County Compares

With an average 2-bedroom rent of $1,026/month, Nottoway County ranks #35 most expensive of the 69 cities tracked in Virginia — pricier than 52% of all US cities in our data.

The Nottoway County Rental Market

The Nottoway County, VA area has a population of about 15,597 and 31% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Nottoway County, VA have risen by $51/month (5.2%) over the past year, from $975 to $1,026. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Nottoway County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,360. The local median household income of $62,161 exceeds that threshold by $30,801, making Nottoway County relatively accessible compared to local wages.

Economy & Jobs

Nottoway County, VA has an unemployment rate of 4.0%, 0.1 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2027
Studio
$779
Affordable
1 Bedroom
$784
Affordable
2 Bedrooms
$1,026
↑5.2% YoY
Affordable
3 Bedrooms
$1,421
Affordable
4 Bedrooms
$1,703
Average
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Is Nottoway County, VA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$41,040/year
Local median income: $62,161
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,026/month and 20% down on a — home at 7% rate.

Nearby Cities in VAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Madison County$907$913$1,096$1,361—
Warren County$1,063$1,108$1,449$1,930—
King and Queen County$1,032$1,075$1,170$1,435—
Richmond$1,456$1,517$1,651$2,039—
Roanoke$1,186$1,250$1,464$2,022—
Lynchburg$965$971$1,117$1,547—

Rent or Buy in Nottoway County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Nottoway County data

$
Home Value
$350,000
2BR Rent
$1,026/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 4 years — worth it if you stay 4+ years.

Total monthly buy cost: $2,577/movs rent: $1,026/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Nottoway County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Nottoway County

Compare rent & home prices by neighborhood

💵Rent Affordability in Nottoway County

Salary needed to afford rent here

🗺️All Cities in VA

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⚖️Compare Nottoway County

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📋VA Tenant Rights

Deposit limits, eviction laws & renters protections