Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Pennington Gap & Beyond
Pennington Gap shares many of the great qualities that make Virginia a desirable place to live.
Virginia, where history and modernity seamlessly merge, is home to some of the most significant historical sites in the country. Take a trip back in time and explore the Colonial Williamsburg living history museum, which transports visitors to the 18th century, or wander through the cobblestone streets of Old Town Alexandria. Major universities in Virginia, like the University of Virginia and Virginia Tech, are renowned for their academic excellence. In addition, the state's diverse and growing economy, supported by thriving technology, agriculture, and tourism industries, offers ample employment opportunities.
Outdoor enthusiasts can enjoy a wide range of activities, including hiking and camping in the Blue Ridge Mountains, fishing and boating in the Chesapeake Bay, and skiing in the winter. Sports fans will be thrilled with the exciting college sports games, and families will love visiting famous attractions like the Virginia Beach Boardwalk and the Natural Bridge.
With its stunning natural landscapes, deep historical roots, and thriving economy, Virginia is a great place to live for those who appreciate the unique charm and heritage of the south.
Rental Market Trends
Lee County, VA
As of June 2026, Lee County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lee County's average rent is 54.2% ($933) lower than the Virginia average of $1,721 and 56.1% ($1,009) lower than the U.S. average of $1,797.
Average Rent
$788
Monthly ChangeMonth Over Month Change
0.3% ($2)
Yearly ChangeYear Over Year Change
23% ($235)
Avg. Days on MarketAverage Days on Market
35
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $622 | 0.5% ($3) | 28.7% ($250) |
| 2 Beds | $751 | 1.6% ($12) | 25.9% ($262) |
| 3 Beds | $843 | 0.2% ($2) | 29.1% ($346) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lee County Rental Market FAQs
Explore rental prices, market trends, and availability in Lee County, VA.
The average rent in Lee County, VA is $788 per month.
Homes in Lee County typically rent for between $600 and $1,096 per month, with an average of $788 per month.
In Lee County, the average rent for a 1-bedroom home is $622 per month, for a 2-bedroom home, $751 per month, and a 3-bedroom home is $843 per month.
The average rent in Lee County is 56.1% ($1,009) lower than the national average of $1,797 per month.
The average rent in Lee County has decreased by 0.3% ($2) in the last month and decreased by 23.0% ($235) over the past year.
The rental market in Lee County, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lee County, VA, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Lee County, VA.
Based on the current averages, a household would need an annual income of $30,040 to comfortably afford a 2-bedroom home in Lee County.
