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RE Intelligence

Rental numbers for Orange County, VA

The typical home here runs -$880 a month at 7.78% with 25% down, breaking even at about 2.9%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%.

Gross yield
6.6%
typical home, Zillow
Median ZIP yield
6.9%
2 ZIPs with full data
Cash flow
-$880/mo
at 7.78%, 25% down
Typical price
$385,000
Zillow ZHVI, Aug 2026
Typical rent
$2,113/mo
Zillow ZORI, Aug 2026

ZIP codes in Orange County

6 with published figures

22508Locust Grove$422,000$2,5257.2%4.3%-$769n/a
22923Barboursville$435,000$2,4136.7%3.7%-$996n/a
22972Somerset$353,000$1,430*4.9%2.3%-$1,219n/a
22542Rhoadesville$391,000$1,550*4.8%2.1%-$1,429n/a
22567Unionville$370,000$1,370*4.5%1.9%-$1,412n/a
22960Orange$346,000$1,170*4.0%1.5%-$1,449n/a

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

Trends

Five years to August 2026

Price, 12 months
+2.1%
Rent, 12 months
n/a
Rent minus price growth
n/a
Property tax
0.55%
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$310,115n/a
Aug 2022$349,062n/a
Aug 2023$355,528n/a
Aug 2024$369,758n/a
Aug 2025$377,085n/a
Aug 2026$385,202$2,113

HUD Fair Market Rent

FY2027, Orange County, VA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,037$1,043$1,262$1,747$1,953

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
17.0
253 units, last 12 months
National percentile
87th
among US counties

Tools

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Questions

Is Orange County good for rental property?
The typical home here runs -$880 a month at 7.78% with 25% down, breaking even at about 2.9%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%. 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 Orange County?
About 0.55% of value, from Census ACS median taxes paid over median home value. On a $385,000 home that is about $2,111 a year.
What is Fair Market Rent in Orange County?
HUD's FY2027 Fair Market Rent here is $1,043 for a 1-bedroom, $1,262 for a 2-bedroom and $1,747 for a 3-bedroom. Typical cash flow at today's rate is -$880 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.