ZIP Code · VA

ZIP 24141

Part of Radford, VA

Pop. 21,484·Radford City·187th most expensive ZIP in Virginia

Median rent (all units)

$1,253/mo

Year-over-Year

+1.1%

Month-over-Month

-2.0%

vs US Median

-$679

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 24141 · $1,253

More affordable than 89% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$840

1 BR

$890

2 BR

$1,110

3 BR

$1,490

4 BR+

$1,870

Research median

$1,110/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

Past year vs. the rest of Virginia

Rent in ZIP 24141 changed +1.1% 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 7 of the last 12 months.

What a typical income covers

30% of the median household income ($62,969) is $1,574 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,490); a 4-bedroom is $1,870.

From Zillow's monthly rent index (ZORI) for ZIP 24141. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,036/yr

At $1,253/mo median

Location

CityRadford

StateVA

CountyRadford City

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (up only 1.1% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+1.1% YoY, -2.0% MoM), not inventory.

Demographics

Who lives here

ZIP 24141 (Radford, VA) is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 37.6% of residents hold a bachelor's degree or higher.

Population

21,484

Median income

$62,969

Median age

32.8

Renters

43.4%

Age distribution

16%

36.4%

20.1%

12.7%

14.7%

Under 1816%

18–3436.4%

35–5420.1%

55–6412.7%

65+14.7%

Gender

46%

54%

Male46%

Female54%

Race & ethnicity

86.7%

White86.7%

Black7.4%

Hispanic3.1%

Asian2%

Other0.9%

Education (25+)

23.8%

33%

37.6%

No HS diploma5.6%

HS diploma23.8%

Some college33%

Bachelor's+37.6%

Housing tenure

56.6%

43.4%

Owner56.6%

Renter43.4%

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

2021 vs 2026

How ZIP 24141 in Radford, VA has changed in 5 years

Income

$53,576 → $62,969

up 17.5%

Population

21,170 → 21,484

up 1.5%

Renter share

41.6% → 43.4%

+1.8 pts

Bachelor's+

38.2% → 37.6%

-0.6 pts

Median age

36.3 → 32.8

-3.5 yrs

Local incomes tracked alongside that move, going from a median of $53,576 in 2021 to $62,969 more recently. Headcount in the area went from 21,170 to 21,484 between 2021 and 2024, a 1.5% change. About 43.4% of households rent today, against 41.6% in 2021.

Community

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Local insights

Tips for renters in ZIP 24141

About renting in ZIP 24141

Last updated: October 17, 2026

ZIP code 24141 covers Radford, VA. The median rent here is $1,253/mo as of October 2026. A 1-bedroom rents for a median of $890/mo. A 2-bedroom rents for a median of $1,110/mo.

At 24% of local median household income ($62,969/yr), ZIP 24141 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 24141?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,253/mo in ZIP 24141. The local median household income is $62,969/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 24141?

Rent in ZIP 24141 has risen 1.1% over the past year.

How does ZIP 24141 compare to other ZIPs in Virginia?

ZIP 24141 is one of the more affordable among Virginia ZIP codes for rent, ranking #187 of 194 at $1,253/mo. Over the year to September 2026, rent in ZIP 24141 changed +1.1%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.