Harrisonburg, VA · Virginia
Rockingham County
84,739 residents626 permits TTM$78,468 median HHI18 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$287,900
ACS 5-Year
Cap rate proxy
4.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.2%
HUD FMR ÷ ACS HHI
Net migration
+1.56%
IRS SOI
Permits (TTM)
626
Census BPS
Climate risk
75.0
FEMA NRI (0–100)
ZIP code breakdown18 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 22830 | — | — | — | 4.9% | — |
| 22831 | — | — | — | 4.7% | — |
| 22853 | — | — | — | 4.8% | — |
| 22811 | — | — | — | 4.7% | — |
| 22820 | — | — | — | 4.7% | — |
Ranked by composite score
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Demographics
Owner-occupied
75.2%
Census ACS
Vacancy rate
11.2%
Census ACS
Bachelor's degree +
28.4%
Census ACS
Rent burdened
35.0%
Census ACS (>30% income)
Median age
40.3
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 16, 2026