Rental numbers for the Lynchburg, VA metro
The typical home here runs -$942 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.5%.
- Gross yield
- 5.4%
- typical home, Zillow
- Median ZIP yield
- 4.5%
- 7 ZIPs with full data
- Cash flow
- -$942/mo
- at 7.78%, 25% down
- Typical price
- $290,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,297/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
29 with published figures
| 24504Lynchburg | $182,000 | $1,168 | 7.7% | 4.2% | -$345 | +4.8% |
| 24528Brookneal | $171,000 | $1,080* | 7.6% | 4.1% | -$333 | n/a |
| 24501Lynchburg | $197,000 | $1,213 | 7.4% | 3.9% | -$427 | +2.5% |
| 23958Pamplin | $225,000 | $1,280* | 6.8% | 3.7% | -$527 | n/a |
| 24526Big Island | $203,000 | $1,110* | 6.6% | 3.4% | -$517 | n/a |
| 24517Altavista | $205,000 | $1,080* | 6.3% | 3.1% | -$579 | n/a |
| 24521Amherst | $300,000 | $1,560* | 6.3% | 3.4% | -$767 | n/a |
| 24502Lynchburg | $278,000 | $1,407 | 6.1% | 3.0% | -$804 | +2.1% |
| 24483Vesuvius | $312,000 | $1,560* | 6.0% | 2.9% | -$935 | n/a |
| 24554Gladys | $220,000 | $1,100* | 6.0% | 2.9% | -$660 | n/a |
| 24174Thaxton | $222,000 | $1,080* | 5.8% | 2.8% | -$676 | n/a |
| 24122Montvale | $255,000 | $1,210* | 5.7% | 2.8% | -$792 | n/a |
| 24571Lynch Station | $233,000 | $1,080* | 5.6% | 2.6% | -$756 | n/a |
| 23963Red House | $234,000 | $1,080* | 5.5% | 2.8% | -$723 | n/a |
| 24536Coleman Falls | $290,000 | $1,190* | 4.9% | 2.2% | -$1,022 | n/a |
| 24523Bedford | $289,000 | $1,150* | 4.8% | 2.1% | -$1,058 | n/a |
| 24522Appomattox | $283,000 | $1,090* | 4.6% | 1.8% | -$1,092 | n/a |
| 24574Monroe | $299,000 | $1,140* | 4.6% | 1.9% | -$1,149 | n/a |
| 24588Rustburg | $285,000 | $1,080* | 4.5% | 1.9% | -$1,079 | n/a |
| 24572Madison Heights | $247,000 | $933 | 4.5% | 1.8% | -$965 | n/a |
| 24538Concord | $293,000 | $1,080* | 4.4% | 1.8% | -$1,147 | n/a |
| 24550Evington | $296,000 | $1,080* | 4.4% | 1.8% | -$1,166 | n/a |
| 24593Spout Spring | $317,000 | $1,150* | 4.3% | 1.7% | -$1,249 | n/a |
| 24095Goodview | $321,000 | $1,140* | 4.3% | 1.8% | -$1,260 | n/a |
| 24121Moneta | $563,000 | $1,995 | 4.3% | 2.0% | -$2,117 | n/a |
| 24551Forest | $428,000 | $1,408 | 4.0% | 1.6% | -$1,735 | n/a |
| 24503Lynchburg | $374,000 | $1,172 | 3.8% | 1.1% | -$1,663 | n/a |
| 24556Goode | $425,000 | $1,210* | 3.4% | 1.2% | -$1,871 | n/a |
| 24104Huddleston | $524,000 | $1,080* | 2.5% | 0.3% | -$2,709 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.1%
- Rent, 12 months
- +3.4%
- Rent minus price growth
- +0.3 pts
- Property tax
- 0.48%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $224,190 | $966 |
| Aug 2022 | $251,723 | $1,122 |
| Aug 2023 | $267,848 | $1,179 |
| Aug 2024 | $279,140 | $1,214 |
| Aug 2025 | $281,650 | $1,255 |
| Aug 2026 | $290,368 | $1,297 |
Counties
- Appomattox County, VAn/a median yield
- Charlotte County, VAn/a median yield
- Bedford County, VA4.1% median yield
- Rockbridge County, VA5.4% median yield
- Lynchburg city, VA6.7% median yield
- Campbell County, VAn/a median yield
- Amherst County, VA4.5% median yield
Tools
Questions
- Is the Lynchburg, VA metro good for rental property?
- The typical home here runs -$942 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 7 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Lynchburg, VA metro have the highest rental yield?
- 24504 (Lynchburg) at 7.7%, 24501 (Lynchburg) at 7.4%, 24502 (Lynchburg) at 6.1%, 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.