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RE Intelligence

Rental numbers for Botetourt County, VA

The typical home here runs -$858 a month at 7.78% with 25% down, breaking even at about 1.7%.

Gross yield
6.2%
typical home, Zillow
Median ZIP yield
n/a
0 ZIPs with full data
Cash flow
-$858/mo
at 7.78%, 25% down
Typical price
$316,000
Zillow ZHVI, Aug 2026
Typical rent
$1,635/mo
Zillow ZORI, Aug 2026

ZIP codes in Botetourt County

7 with published figures

24085Eagle Rock$139,000$1,080*9.3%5.2%-$150n/a
24066Buchanan$226,000$1,310*7.0%3.6%-$530n/a
24077Roanoke$267,000$1,440*6.5%3.5%-$671n/a
24064Blue Ridge$314,000$1,400*5.3%2.5%-$1,043n/a
24083Daleville$466,000$1,880*4.8%2.2%-$1,660n/a
24090Fincastle$338,000$1,260*4.5%1.6%-$1,358n/a
24175Troutville$338,000$1,170*4.2%1.4%-$1,418n/a

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

Trends

Five years to August 2026

Price, 12 months
+4.9%
Rent, 12 months
n/a
Rent minus price growth
n/a
Property tax
0.64%
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$259,024n/a
Aug 2022$288,796n/a
Aug 2023$284,997n/a
Aug 2024$297,040n/a
Aug 2025$300,759n/a
Aug 2026$315,570$1,635

HUD Fair Market Rent

FY2027, Roanoke, VA HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,186$1,250$1,464$2,022$2,447

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
37.2
492 units, last 12 months
National percentile
98th
among US counties

Tools

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

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Part of the Roanoke, VA metro.

Questions

Is Botetourt County good for rental property?
The typical home here runs -$858 a month at 7.78% with 25% down, breaking even at about 1.7%. 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 Botetourt County?
About 0.64% of value, from Census ACS median taxes paid over median home value. On a $316,000 home that is about $2,032 a year.
What is Fair Market Rent in Botetourt County?
HUD's FY2027 Fair Market Rent here is $1,250 for a 1-bedroom, $1,464 for a 2-bedroom and $2,022 for a 3-bedroom. Typical cash flow at today's rate is -$858 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.