Foreclosures in Gate City, VA

Buyer vs Seller Market in Gate City, VA

Median home value: $162,300 as of 2026-05-14.

Median rent: $860 as of 2026-05-14.

Home values: +1.34% MoM, +5.04% YoY.

Rent: +0.00% MoM, -1.15% YoY.

Rent Prices In Gate City, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gate City, VA, is on a rollercoaster ride. The average rent price in Gate City, VA, is $927.00. Indeed, when looking to rent in Gate City, VA, you can expect to pay as little as $440.00 or as much as $2,320.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Gate City, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.