Virginia
Lee County
22,042 residents18 permits TTM$42,269 median HHI8 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$98,700
ACS 5-Year
Cap rate proxy
8.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
20.6%
HUD FMR ÷ ACS HHI
Net migration
+0.25%
IRS SOI
Permits (TTM)
18
Census BPS
Climate risk
57.3
FEMA NRI (0–100)
ZIP code breakdown8 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 24221 | $98,700county est. | $914 | 11.1% | 8.8% | 20.7% |
| 24243 | $131,644 | $914 | 8.3% | 6.5% | 20.7% |
| 24248 | $130,486 | $914 | 8.4% | 6.5% | 20.7% |
| 24263 | $126,580 | $914 | 8.7% | 6.7% | 20.7% |
| 24265 | $98,700county est. | $914 | 11.1% | 8.8% | 20.7% |
Ranked by composite score
Compare all ZIPs in Lee County
See all 8 ZIPs ranked by yield and cap rate
Compare yields, cap rates, rent gaps, and affordability across every ZIP. Free account.
- Sortable table — sort by yield, rent gap, affordability
- Drill into any ZIP for full detail
- Save markets and weekly market digest
Free · No credit card · No spam
3
ZIP comparison table. Showing 5 of 8 ZIPs. Sign up to see all.
Demographics
Owner-occupied
73.9%
Census ACS
Vacancy rate
22.2%
Census ACS
Bachelor's degree +
12.7%
Census ACS
Rent burdened
44.3%
Census ACS (>30% income)
Median age
45.4
Census ACS
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 28, 2026