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ZIP Code · VA

ZIP 24572

Pop. 15,744·Amherst County·187th most expensive ZIP in Virginia
Median rent (all units)
$1,351/mo
Year-over-Year
Stable
Month-over-Month
+21.7%
vs US Median
-$614
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 24572 · $1,351
More affordable than 84% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$960
2 BR
$1,080
3 BR
$1,490
4 BR+
$1,610
Research median
$1,080/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: July 20, 2026

Annual cost
$16,212/yr
At $1,351/mo median
Location
StateVA
CountyAmherst County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +21.7% MoM), not inventory.
Demographics

Who lives here

ZIP 24572 (Madison Heights, VA) is majority owner-occupied, has a large retiree population, has a median income below the national average, 19.3% of residents hold a bachelor's degree or higher.

Population
15,744
Median income
$62,030
Median age
44.2
Renters
21.8%
Age distribution
19.2%
20.1%
22.6%
16.1%
22%
Under 1819.2%
18–3420.1%
35–5422.6%
55–6416.1%
65+22%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
69.8%
21.1%
White69.8%
Black21.1%
Hispanic3.4%
Asian1.1%
Other4.5%
Education (25+)
37.7%
33.6%
19.3%
No HS diploma9.4%
HS diploma37.7%
Some college33.6%
Bachelor's+19.3%
Housing tenure
78.2%
21.8%
Owner78.2%
Renter21.8%

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

2021 vs 2026

How ZIP 24572 in Madison Heights, VA has changed in 5 years

Income
$56,044 → $62,030
up 10.7%
Population
15,467 → 15,744
up 1.8%
Renter share
25.7% → 21.8%
-3.9 pts
Bachelor's+
18.7% → 19.3%
+0.6 pts
Median age
45 → 44.2
-0.8 yrs

Household income in the area moved from $56,044 to $62,030 across the same window, up 10.7% versus 2021. The population has grown by 1.8% since 2021, moving from about 15,467 residents to roughly 15,744. Renters now make up 21.8% of households, compared with 25.7% five years ago.

Community

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Local insights

Tips for renters in ZIP 24572

About renting in ZIP 24572

Last updated: July 20, 2026

ZIP code 24572 covers Madison Heights, VA. The median rent here is $1,351/mo as of July 2026. A 1-bedroom rents for a median of $960/mo. A 2-bedroom rents for a median of $1,080/mo.

At 26% of local median household income ($62,030/yr), ZIP 24572 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 24572?

As of July 20, 2026, the median monthly rent in ZIP 24572 (Madison Heights, VA) is $1,351. This is based on aggregated data from public sources and community submissions.

How does ZIP 24572 rent compare to the US average?

ZIP 24572's median rent of $1,351/mo is $614 (31%) below the US national median of $1,965/mo.

How does ZIP 24572 compare to other ZIPs in Virginia?

ZIP 24572 is among the more affordable ZIP codes in Virginia, ranking #187 out of 198 ZIPs at $1,351/mo.

How much income do you need to rent in ZIP 24572?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,351/mo in ZIP 24572. The local median household income is $62,030/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 24572?

Rent in ZIP 24572 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 24572 an affordable place to rent?

ZIP 24572 is considered affordable for renters. At $1,351/mo, rent takes approximately 26% of the local median household income ($62,030/yr). The standard benchmark is 30%. ZIP 24572 falls comfortably within that range.

What percentage of ZIP 24572 residents rent vs. own?

According to Census data, approximately 21.8% of ZIP 24572 households are renters, while 78.2% are owner-occupied. ZIP 24572 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 24572 compare to the rest of Madison Heights?

ZIP 24572 sits right at the Madison Heights citywide median of $1,351/mo.

When was rent data for ZIP 24572 last updated?

Rent data for ZIP 24572 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,351/mo, rent takes ~26% of ZIP 24572's median household income ($62,030/yr). The standard benchmark is 30%.

ZIP 24572 26%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 24572 (Madison Heights, VA)

Recent submissions

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