Rental numbers for Mecklenburg County, VA
The typical home here runs -$163 a month at 7.78% with 25% down, breaking even at about 6.3%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.2%.
- Gross yield
- 9.0%
- typical home, Zillow
- Median ZIP yield
- 9.2%
- 1 ZIPs with full data
- Cash flow
- -$163/mo
- at 7.78%, 25% down
- Typical price
- $212,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,589/mo
- Zillow ZORI, Aug 2026
ZIP codes in Mecklenburg County
10 with published figures
| 23970South Hill | $209,000 | $1,600 | 9.2% | 5.6% | -$156 | n/a |
| 23924Chase City | $150,000 | $910* | 7.3% | 3.7% | -$347 | n/a |
| 23950La Crosse | $180,000 | $910* | 6.1% | 2.9% | -$536 | n/a |
| 23968Skipwith | $188,000 | $940* | 6.0% | 2.9% | -$565 | n/a |
| 24580Nelson | $183,000 | $910* | 6.0% | 2.8% | -$563 | n/a |
| 23915Baskerville | $211,000 | $1,040* | 5.9% | 3.0% | -$616 | n/a |
| 23919Bracey | $191,000 | $910* | 5.7% | 2.6% | -$620 | n/a |
| 23917Boydton | $245,000 | $1,050* | 5.1% | 2.4% | -$837 | n/a |
| 24529Buffalo Junction | $258,000 | $960* | 4.5% | 1.7% | -$1,020 | n/a |
| 23927Clarksville | $312,000 | $910* | 3.5% | 1.1% | -$1,408 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.0%
- Rent, 12 months
- +9.4%
- Rent minus price growth
- +6.4 pts
- Property tax
- 0.45%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $157,386 | n/a |
| Aug 2022 | $179,467 | n/a |
| Aug 2023 | $184,164 | n/a |
| Aug 2024 | $208,545 | $1,460 |
| Aug 2025 | $205,932 | $1,453 |
| Aug 2026 | $212,023 | $1,589 |
HUD Fair Market Rent
FY2027, Mecklenburg County, VA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $729 | $734 | $960 | $1,268 | $1,273 |
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
- 11.5
- 156 units, last 12 months
- National percentile
- 76th
- among US counties
Tools
Test a listing in Mecklenburg County against today's rate.
Open the calculatorQuestions
- Is Mecklenburg County good for rental property?
- The typical home here runs -$163 a month at 7.78% with 25% down, breaking even at about 6.3%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.2%. 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 Mecklenburg County?
- About 0.45% of value, from Census ACS median taxes paid over median home value. On a $212,000 home that is about $946 a year.
- What is Fair Market Rent in Mecklenburg County?
- HUD's FY2027 Fair Market Rent here is $734 for a 1-bedroom, $960 for a 2-bedroom and $1,268 for a 3-bedroom. Typical cash flow at today's rate is -$163 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
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.