ZIP Code · VA

ZIP 24541

Part of Danville, VA

Pop. 28,042·Danville City·190th most expensive ZIP in Virginia

Median rent (all units)

$1,190/mo

Year-over-Year

+9.9%

Month-over-Month

+3.1%

vs US Median

-$742

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 24541 · $1,190

More affordable than 92% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$680

1 BR

$790

2 BR

$980

3 BR

$1,350

4 BR+

$1,520

Research median

$980/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 24541 changed +9.9% over the year to September 2026. Across the 169 Virginia ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($51,427) is $1,286 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($980); a 3-bedroom is $1,350.

From Zillow's monthly rent index (ZORI) for ZIP 24541. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,280/yr

At $1,190/mo median

Location

CityDanville

StateVA

CountyDanville City

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.9% YoY, +3.1% MoM), not inventory.

Demographics

Who lives here

ZIP 24541 (Danville, VA) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 23.1% of residents hold a bachelor's degree or higher.

Population

28,042

Median income

$51,427

Median age

40.5

Renters

46.3%

Age distribution

21.5%

22.4%

20.7%

14.6%

20.7%

Under 1821.5%

18–3422.4%

35–5420.7%

55–6414.6%

65+20.7%

Gender

48.8%

51.2%

Male48.8%

Female51.2%

Race & ethnicity

51.8%

39.3%

White51.8%

Black39.3%

Hispanic5.3%

Asian1%

Other2.6%

Education (25+)

37.1%

28.7%

23.1%

No HS diploma11.1%

HS diploma37.1%

Some college28.7%

Bachelor's+23.1%

Housing tenure

53.7%

46.3%

Owner53.7%

Renter46.3%

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

2021 vs 2026

How ZIP 24541 in Danville, VA has changed in 5 years

Income

$44,613 → $51,427

up 15.3%

Population

28,751 → 28,042

down 2.5%

Renter share

43.8% → 46.3%

+2.5 pts

Bachelor's+

22.1% → 23.1%

+1.0 pts

Household income in the area moved from $44,613 to $51,427 across the same window, up 15.3% versus 2021. Census counts show ZIP 24541 in Danville, VA losing about 709 residents over the five-year window, down 2.5% on net. The renter share has risen from 43.8% to 46.3%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 24541

About renting in ZIP 24541

Last updated: October 17, 2026

ZIP code 24541 covers Danville, VA. The median rent here is $1,190/mo as of October 2026. A 1-bedroom rents for a median of $790/mo. A 2-bedroom rents for a median of $980/mo.

At 28% of local median household income ($51,427/yr), ZIP 24541 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 24541?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (about $23/hour full-time) to afford the median rent of $1,190/mo in ZIP 24541. The local median household income is $51,427/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 24541?

Rent in ZIP 24541 has risen 9.9% over the past year.

How does ZIP 24541 compare to other ZIPs in Virginia?

ZIP 24541 is one of the more affordable among Virginia ZIP codes for rent, ranking #190 of 194 at $1,190/mo. Over the year to September 2026, rent in ZIP 24541 changed +9.9%, against a typical +3.4% across the 169 Virginia ZIP codes Zillow tracks.