Charlottesville, VA · Virginia

Albemarle County

ZIP 22902

113,683 residents718 permits TTM$102,617 median HHI15 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$471,000

ACS 5-Year

Cap rate proxy

4.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.0%

HUD FMR ÷ ACS HHI

Net migration

+2.37%

IRS SOI

Permits (TTM)

718

Census BPS

Climate risk

78.1

FEMA NRI (0–100)

ZIP 22902

Median home value

Gross yield

Cap rate

5.1%

Rent gap

Affordability

P/I: 4.6R/I: 23.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown15 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
229376.6%
229314.1%
229234.6%
229044.1%
229464.1%

Ranked by composite score

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Demographics

Owner-occupied

66.0%

Census ACS

Vacancy rate

6.8%

Census ACS

Bachelor's degree +

60.6%

Census ACS

Rent burdened

44.7%

Census ACS (>30% income)

Median age

39.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026