Rental numbers for the Danville, VA metro
The typical home here runs -$287 a month at 7.78% with 25% down, breaking even at about 4.2%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.6%.
- Gross yield
- 8.1%
- typical home, Zillow
- Median ZIP yield
- 8.6%
- 2 ZIPs with full data
- Cash flow
- -$287/mo
- at 7.78%, 25% down
- Typical price
- $166,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,124/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
17 with published figures
| 24566Keeling | $164,000 | $1,370* | 10.0% | 6.0% | -$60 | n/a |
| 24541Danville | $161,000 | $1,176 | 8.8% | 4.9% | -$210 | n/a |
| 24069Cascade | $151,000 | $1,090* | 8.7% | 4.7% | -$224 | n/a |
| 24540Danville | $153,000 | $1,083 | 8.5% | 4.7% | -$230 | n/a |
| 24530Callands | $146,000 | $950* | 7.8% | 4.1% | -$286 | n/a |
| 24565Java | $147,000 | $920* | 7.5% | 3.8% | -$321 | n/a |
| 24569Long Island | $174,000 | $1,080* | 7.5% | 4.0% | -$358 | n/a |
| 24597Vernon Hill | $162,000 | $1,000* | 7.4% | 3.9% | -$350 | n/a |
| 24161Sandy Level | $180,000 | $1,010* | 6.7% | 3.3% | -$478 | n/a |
| 24586Ringgold | $194,000 | $1,080* | 6.7% | 3.3% | -$514 | n/a |
| 24594Sutherlin | $182,000 | $990* | 6.5% | 3.2% | -$499 | n/a |
| 24563Hurt | $173,000 | $910* | 6.3% | 2.9% | -$521 | n/a |
| 24531Chatham | $174,000 | $910* | 6.3% | 2.8% | -$539 | n/a |
| 24527Blairs | $202,000 | $1,050* | 6.2% | 3.0% | -$589 | n/a |
| 24557Gretna | $177,000 | $910* | 6.2% | 2.7% | -$551 | n/a |
| 24139Pittsville | $215,000 | $1,080* | 6.0% | 3.2% | -$592 | n/a |
| 24549Dry Fork | $201,000 | $990* | 5.9% | 2.6% | -$640 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.5%
- Rent, 12 months
- +5.5%
- Rent minus price growth
- +4.0 pts
- Property tax
- 0.59%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $125,346 | n/a |
| Aug 2022 | $146,657 | n/a |
| Aug 2023 | $152,745 | n/a |
| Aug 2024 | $166,650 | $1,047 |
| Aug 2025 | $163,674 | $1,065 |
| Aug 2026 | $166,175 | $1,124 |
Counties
- Pittsylvania County, VAn/a median yield
- Danville city, VA8.6% median yield
- Halifax County, VA11.2% median yield
Tools
Questions
- Is the Danville, VA metro good for rental property?
- The typical home here runs -$287 a month at 7.78% with 25% down, breaking even at about 4.2%. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.6%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Danville, VA metro have the highest rental yield?
- 24541 (Danville) at 8.8%, 24540 (Danville) at 8.5%, 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.