Rental numbers for the Winchester, VA metro
The typical home here runs -$1,042 a month at 7.78% with 25% down, breaking even at about 1.8%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.0%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 6.0%
- 4 ZIPs with full data
- Cash flow
- -$1,042/mo
- at 7.78%, 25% down
- Typical price
- $387,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,890/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
28 with published figures
| 26714Augusta | $181,000 | $1,420* | 9.4% | 6.1% | -$57 | n/a |
| 26722Green Spring | $214,000 | $1,420* | 8.0% | 4.9% | -$277 | n/a |
| 26763Fort Ashby | $228,000 | $1,420* | 7.5% | 4.5% | -$376 | n/a |
| 25431Levels | $230,000 | $1,420* | 7.4% | 4.3% | -$418 | n/a |
| 26851Wardensville | $230,000 | $1,420* | 7.4% | 4.6% | -$367 | n/a |
| 26757Romney | $236,000 | $1,420* | 7.2% | 4.3% | -$428 | n/a |
| 25434Paw Paw | $241,000 | $1,420* | 7.1% | 4.2% | -$453 | n/a |
| 26852Purgitsville | $242,000 | $1,420* | 7.0% | 4.3% | -$434 | n/a |
| 26845Old Fields | $249,000 | $1,420* | 6.8% | 3.8% | -$553 | n/a |
| 26755Rio | $257,000 | $1,420* | 6.6% | 3.9% | -$542 | n/a |
| 26761Romney | $262,000 | $1,420* | 6.5% | 3.5% | -$637 | n/a |
| 26704Augusta | $272,000 | $1,420* | 6.3% | 3.6% | -$656 | n/a |
| 22655Stephens City | $405,000 | $2,100 | 6.2% | 3.5% | -$996 | n/a |
| 22656Stephenson | $483,000 | $2,475 | 6.2% | 3.5% | -$1,195 | n/a |
| 26808High View | $281,000 | $1,420* | 6.1% | 3.4% | -$719 | n/a |
| 22601Winchester | $353,000 | $1,738 | 5.9% | 2.9% | -$1,048 | +3.2% |
| 26817Bloomery | $292,000 | $1,420* | 5.8% | 3.3% | -$772 | n/a |
| 22602Winchester | $419,000 | $2,012 | 5.8% | 3.1% | -$1,171 | +2.6% |
| 25437Romney | $299,000 | $1,420* | 5.7% | 3.2% | -$811 | n/a |
| 25444Slanesville | $299,000 | $1,420* | 5.7% | 3.2% | -$823 | n/a |
| 26711Bloomery | $310,000 | $1,420* | 5.5% | 2.9% | -$926 | n/a |
| 26865Capon Bridge | $323,000 | $1,420* | 5.3% | 2.7% | -$1,005 | n/a |
| 22625Cross Junction | $437,000 | $1,630* | 4.5% | 1.9% | -$1,673 | n/a |
| 22637Gore | $443,000 | $1,630* | 4.4% | 2.1% | -$1,627 | n/a |
| 22603Winchester | $432,000 | $1,580* | 4.4% | 1.9% | -$1,631 | n/a |
| 22654Star Tannery | $434,000 | $1,420* | 3.9% | 1.6% | -$1,774 | n/a |
| 22645Middletown | $451,000 | $1,420* | 3.8% | 1.4% | -$1,893 | n/a |
| 22624Clear Brook | $492,000 | $1,440* | 3.5% | 1.3% | -$2,115 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.6%
- Rent, 12 months
- +2.0%
- Rent minus price growth
- +0.4 pts
- Property tax
- 0.41%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $316,253 | $1,430 |
| Aug 2022 | $353,361 | $1,581 |
| Aug 2023 | $359,180 | $1,680 |
| Aug 2024 | $372,647 | $1,770 |
| Aug 2025 | $380,864 | $1,853 |
| Aug 2026 | $386,903 | $1,890 |
Counties
- Winchester city, VA5.9% median yield
- Frederick County, VA6.2% median yield
- Hampshire County, WVn/a median yield
- Hardy County, WVn/a median yield
Tools
Questions
- Is the Winchester, VA metro good for rental property?
- The typical home here runs -$1,042 a month at 7.78% with 25% down, breaking even at about 1.8%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.0%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Winchester, VA metro have the highest rental yield?
- 22655 (Stephens City) at 6.2%, 22656 (Stephenson) at 6.2%, 22601 (Winchester) at 5.9%, 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.