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RE Intelligence

Rental numbers for Albemarle County, VA

The typical home here runs -$2,213 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.9%.

Gross yield
4.3%
typical home, Zillow
Median ZIP yield
4.9%
5 ZIPs with full data
Cash flow
-$2,213/mo
at 7.78%, 25% down
Typical price
$553,000
Zillow ZHVI, Aug 2026
Typical rent
$1,980/mo
Zillow ZORI, Aug 2026

ZIP codes in Albemarle County

13 with published figures

22969Schuyler$274,000$1,560*6.8%3.9%-$592n/a
22937Esmont$305,000$1,560*6.1%3.0%-$891n/a
22911Charlottesville$515,000$2,2115.1%2.4%-$1,753+0.4%
22902Charlottesville$480,000$1,9865.0%2.1%-$1,728+2.5%
22932Crozet$601,000$2,4754.9%2.3%-$2,074n/a
22903Charlottesville$535,000$2,1164.8%2.0%-$1,980+5.8%
22931Covesville$397,000$1,560*4.7%2.1%-$1,428n/a
22901Charlottesville$529,000$1,7934.1%1.4%-$2,214-1.6%
22940Free Union$627,000$1,980*3.8%1.3%-$2,698n/a
22936Earlysville$650,000$1,970*3.6%1.2%-$2,874n/a
22943Greenwood$592,000$1,750*3.5%1.3%-$2,527n/a
22959North Garden$535,000$1,560*3.5%0.9%-$2,464n/a
22947Keswick$825,000$1,990*2.9%0.6%-$4,015n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.9%
Rent, 12 months
-1.4%
Rent minus price growth
-3.3 pts
Property tax
0.75%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$438,185$1,623
Aug 2022$488,209$1,737
Aug 2023$501,567$1,815
Aug 2024$529,200$1,942
Aug 2025$542,875$2,008
Aug 2026$553,487$1,980

HUD Fair Market Rent

FY2027, Charlottesville, VA MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,279$1,442$1,642$1,997$2,458

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
16.2
744 units, last 12 months
National percentile
85th
among US counties

Tools

Test a listing in Albemarle County against today's rate.

Open the calculator

Part of the Charlottesville, VA metro.

Questions

Is Albemarle County good for rental property?
The typical home here runs -$2,213 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Albemarle County?
About 0.75% of value, from Census ACS median taxes paid over median home value. On a $553,000 home that is about $4,157 a year.
What is Fair Market Rent in Albemarle County?
HUD's FY2027 Fair Market Rent here is $1,442 for a 1-bedroom, $1,642 for a 2-bedroom and $1,997 for a 3-bedroom. Typical cash flow at today's rate is -$2,213 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.