Rental numbers for the Blacksburg, VA metro
The typical home here runs -$671 a month at 7.78% with 25% down, breaking even at about 2.8%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%.
- Gross yield
- 6.8%
- typical home, Zillow
- Median ZIP yield
- 5.9%
- 3 ZIPs with full data
- Cash flow
- -$671/mo
- at 7.78%, 25% down
- Typical price
- $288,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,642/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
19 with published figures
| 24147Rich Creek | $167,000 | $990* | 7.1% | 3.5% | -$417 | n/a |
| 24124Narrows | $176,000 | $1,000* | 6.8% | 3.2% | -$485 | n/a |
| 24301Pulaski | $176,000 | $960* | 6.5% | 3.0% | -$506 | n/a |
| 24313Barren Springs | $174,000 | $910* | 6.3% | 3.0% | -$501 | n/a |
| 24167Staffordsville | $200,000 | $1,030* | 6.2% | 3.0% | -$569 | n/a |
| 24073Christiansburg | $307,000 | $1,562 | 6.1% | 3.0% | -$885 | +7.3% |
| 24150Pembroke | $185,000 | $940* | 6.1% | 2.7% | -$584 | n/a |
| 24141Radford | $272,000 | $1,340 | 5.9% | 2.9% | -$818 | +6.4% |
| 24347Hiwassee | $233,000 | $1,110* | 5.7% | 2.6% | -$748 | n/a |
| 24134Pearisburg | $225,000 | $1,030* | 5.5% | 2.4% | -$768 | n/a |
| 24162Shawsville | $245,000 | $1,110* | 5.4% | 2.0% | -$916 | n/a |
| 24087Elliston | $248,000 | $1,120* | 5.4% | 2.3% | -$869 | n/a |
| 24149Riner | $346,000 | $1,540* | 5.3% | 2.5% | -$1,149 | n/a |
| 24138Pilot | $255,000 | $1,110* | 5.2% | 2.2% | -$911 | n/a |
| 24060Blacksburg | $421,000 | $1,750 | 5.0% | 2.2% | -$1,502 | +5.5% |
| 24136Pembroke | $230,000 | $920* | 4.8% | 1.9% | -$883 | n/a |
| 24324Draper | $250,000 | $930* | 4.5% | 1.3% | -$1,073 | n/a |
| 24084Dublin | $250,000 | $910* | 4.4% | 1.5% | -$1,043 | n/a |
| 24128Newport | $315,000 | $1,110* | 4.2% | 1.6% | -$1,284 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.7%
- Rent, 12 months
- +5.2%
- Rent minus price growth
- +1.5 pts
- Property tax
- 0.66%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $236,708 | $1,268 |
| Aug 2022 | $261,180 | $1,335 |
| Aug 2023 | $268,281 | $1,424 |
| Aug 2024 | $275,139 | $1,469 |
| Aug 2025 | $278,166 | $1,561 |
| Aug 2026 | $288,402 | $1,642 |
Counties
- Montgomery County, VA5.5% median yield
- Pulaski County, VAn/a median yield
- Giles County, VAn/a median yield
- Radford city, VA5.9% median yield
- Wythe County, VAn/a median yield
Tools
Questions
- Is the Blacksburg, VA metro good for rental property?
- The typical home here runs -$671 a month at 7.78% with 25% down, breaking even at about 2.8%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Blacksburg, VA metro have the highest rental yield?
- 24073 (Christiansburg) at 6.1%, 24141 (Radford) at 5.9%, 24060 (Blacksburg) at 5.0%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.