ZIP Code · VA

ZIP 24073

Part of Christiansburg, VA

Pop. 29,677·Montgomery County·163rd most expensive ZIP in Virginia

Median rent (all units)

$1,553/mo

Year-over-Year

+4.4%

Month-over-Month

-0.8%

vs US Median

-$379

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 24073 · $1,553

More affordable than 69% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$880

1 BR

$960

2 BR

$1,230

3 BR

$1,650

4 BR+

$2,060

Research median

$1,230/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 24073 is 0.8% below its high of $1,566 in August 2026, at $1,553 as of September 2026.

Past year vs. the rest of Virginia

Rent in ZIP 24073 changed +4.4% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($76,800) is $1,920 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,650); a 4-bedroom is $2,060.

Cheaper nearby

ZIP 24141, 8 miles away, rents for 19% less ($1,253/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 24073. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,636/yr

At $1,553/mo median

Location

CityChristiansburg

StateVA

CountyMontgomery County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.4% YoY, -0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 24073 (Christiansburg, VA) is majority owner-occupied, 41.4% of residents hold a bachelor's degree or higher.

Population

29,677

Median income

$76,800

Median age

Renters

34.7%

Age distribution

18.6%

22.5%

26.4%

12.4%

20%

Under 1818.6%

18–3422.5%

35–5426.4%

55–6412.4%

65+20%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

84.2%

White84.2%

Black4.9%

Hispanic3.8%

Asian3%

Other4.1%

Education (25+)

26.6%

26.2%

41.4%

No HS diploma5.8%

HS diploma26.6%

Some college26.2%

Bachelor's+41.4%

Housing tenure

65.3%

34.7%

Owner65.3%

Renter34.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 24073 in Christiansburg, VA has changed in 5 years

Rent

$1,263 → $1,553

up 23.0%

Income

$62,904 → $76,800

up 22.1%

Population

30,043 → 29,677

down 1.2%

Renter share

35.4% → 34.7%

-0.7 pts

Bachelor's+

38.4% → 41.4%

+3.0 pts

Median age

40.5 → 41

+0.5 yrs

The median rent in ZIP 24073 in Christiansburg, VA stood at $1,263 in 2022 and currently runs about $1,553, reflecting a 23.0% increase over the period. Census figures show median household income at $76,800 today, compared with $62,904 five years earlier. The population has contracted by 1.2% since 2021, moving from about 30,043 residents to roughly 29,677. College-educated residents now make up 41.4% of adults here, versus 38.4% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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Local insights

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About renting in ZIP 24073

Last updated: October 17, 2026

ZIP code 24073 covers Christiansburg, VA. The median rent here is $1,553/mo as of October 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,230/mo.

At 24% of local median household income ($76,800/yr), ZIP 24073 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 24073?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (about $30/hour full-time) to afford the median rent of $1,553/mo in ZIP 24073. The local median household income is $76,800/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 24073?

Rent in ZIP 24073 has risen 4.4% over the past year as of September 2026. It sits 0.8% below its high of $1,566 in August 2026.

How does ZIP 24073 compare to other ZIPs in Virginia?

ZIP 24073 is one of the more affordable among Virginia ZIP codes for rent, ranking #163 of 194 at $1,553/mo. Over the year to September 2026, rent in ZIP 24073 changed +4.4%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.