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Castlewood, VA
Full City Profile · Virginia · Russell County County
3.1
/5.0
B
Good
1,120
Population
156/sq mi density
$58,958
Median Income
$33,838 per capita
$163,300
Home Value
$159,638 Zillow
$740
Median Rent
51.0% income on rent
54°F
Avg Temperature
305 sunny days/yr
105
Violent Crime/100K
3,151 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$58,958 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$163,300 home value, $740/mo rent
F
Safety
1.0 / 5.0
105 violent crimes/100K
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher
Housing Overview
Median Home Value
$163,300
42% below
US avg: $281,900
Median Rent
$740/mo
36% below
US avg: $1,163/mo
Homeownership Rate
76.2%
17% above US avg (65.4%)
Total Housing Units
743
Median year built: 1971
Home Value by Source
Census Median
$163,300
Zillow (ZHVI)
$159,638
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.2%
Owner-Occupied
23.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$740/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
76.2%
Complete Housing Data
Home Values
| Census Median Value | $163,300 |
| Zillow Home Value (ZHVI) | $159,638 |
Rent
| Census Median Rent | $740 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
Ownership & Stock
| Owner-Occupied | 76.2% |
| Renter-Occupied | 23.8% |
| Homeownership Rate | 76.2% |
| Total Housing Units | 743 |
| Median Year Built | 1971 |
| Rent Burden | 51.0% |