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RE Intelligence

Rental numbers for Rockbridge County, VA

The typical home here runs -$1,005 a month at 7.78% with 25% down, breaking even at about 0.9%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.4%.

Gross yield
5.8%
typical home, Zillow
Median ZIP yield
5.4%
1 ZIPs with full data
Cash flow
-$1,005/mo
at 7.78%, 25% down
Typical price
$335,000
Zillow ZHVI, Aug 2026
Typical rent
$1,606/mo
Zillow ZORI, Aug 2026

ZIP codes in Rockbridge County

10 with published figures

24439Goshen$219,000$1,160*6.4%3.1%-$619n/a
24579Natural Bridge Station$206,000$1,090*6.3%3.0%-$600n/a
24483Vesuvius$312,000$1,560*6.0%2.9%-$935n/a
24450Lexington$367,000$1,6475.4%2.6%-$1,188n/a
24555Glasgow$218,000$910*5.0%2.0%-$817n/a
24578Natural Bridge$334,000$1,060*3.8%1.2%-$1,466n/a
24459Rockbridge Baths$421,000$1,330*3.8%1.5%-$1,742n/a
24472Raphine$381,000$1,160*3.7%1.1%-$1,712n/a
24435Fairfield$370,000$950*3.1%0.5%-$1,843n/a
24473Rockbridge Baths$397,000$950*2.9%0.5%-$1,968n/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
0.60%
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$271,736n/a
Aug 2022$295,888n/a
Aug 2023$294,641n/a
Aug 2024$313,627n/a
Aug 2025$319,902n/a
Aug 2026$335,450$1,606

HUD Fair Market Rent

FY2027, Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$896$971$1,057$1,464$1,767

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
9.2
88 units, last 12 months
National percentile
69th
among US counties

Tools

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

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Questions

Is Rockbridge County good for rental property?
The typical home here runs -$1,005 a month at 7.78% with 25% down, breaking even at about 0.9%. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.4%. 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 Rockbridge County?
About 0.60% of value, from Census ACS median taxes paid over median home value. On a $335,000 home that is about $2,013 a year.
What is Fair Market Rent in Rockbridge County?
HUD's FY2027 Fair Market Rent here is $971 for a 1-bedroom, $1,057 for a 2-bedroom and $1,464 for a 3-bedroom. Typical cash flow at today's rate is -$1,005 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.