Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Cave Spring CDP, Virginia?
City · Census ACS 5-Year estimates
The median gross rent in Cave Spring CDP, Virginia is $1,285/month (±$67), based on Census ACS 5-Year estimates (2024). The median home value is $325,800 (±$12,103), and the median household income is $87,539/year. The unemployment rate in Roanoke County, Virginia was 3.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Cave Spring CDP, Virginia
| Metric | Value |
|---|---|
| Median Gross Rent | $1,285 |
| Median Home Value | $325,800 |
| Median Household Income | $87,539 |
| Total Housing Units | 11,043 |
| Renter-Occupied Units | 3,369 |
| Renter-Occupied Share | 31% |
| Households Paying 50%+ Income | 329 households |
| Unemployment Rate(April 2026) | 3.1% |
How does Cave Spring CDP, Virginia compare?
Median gross rent ranked against all cities in Virginia.
Higher rent than 55% of cities in Virginia · 213th of 470
| # | City | Value |
|---|---|---|
| 1 | Great Falls CDP | $3,501 |
| 1 | South Run CDP | $3,501 |
| 1 | Wakefield CDP | $3,501 |
| … 209 more … | ||
| 213 | Cave Spring CDP(you are here) | $1,285 |
| … 254 more … | ||
| 468 | St. Paul town | $460 |
| 469 | Fries town | $333 |
| 470 | Lovingston CDP | $232 |
More data for Cave Spring CDP, Virginia
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Frequently asked questions
What is the average rent in Cave Spring CDP, Virginia?
The median gross rent in Cave Spring CDP, Virginia is $1,285/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Cave Spring CDP, Virginia?
The median rent for a 2-bedroom in Cave Spring CDP, Virginia is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Cave Spring CDP, Virginia?
The median home value in Cave Spring CDP, Virginia is $325,800 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Cave Spring CDP are rent-burdened?
In Cave Spring CDP, Virginia, 329 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Cave Spring CDP, Virginia?
The median household income in Cave Spring CDP, Virginia is $87,539/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,285 has a margin of error of ±$67. In very small areas, MOEs can be large relative to the estimate.
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