Pennington Gap, VA

City

Rent in Pennington Gap

Median Gross Rent

$766

Rent-to-Income Ratio

40.8%

Renter Share

56.6%

Median Renter Income

$17,241

Avg Household Size

2.5

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $273
2 Bedrooms: $675
3 Bedrooms: $917

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 76.4%
$1,000-$1,500: 19.7%
$1,500-$2,000: 0.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 3.1%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 17.6%
20-30% (moderate): 13.2%
30-50% (cost-burdened): 23.6%
50%+ (severely cost-burdened): 33.4%
Not Computed: 12.2%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $29,643
Renter Households: $17,241

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 96.1%
$1,000-$1,500: 0.0%
$1,500-$2,000: 0.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 3.1%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Pennington Gap

Neighborhood

Lee, VA

Collier Mill / Ben Hur

Shepherd Hill / Sigma

Hubbard Springs / Boons Path

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources