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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Cave Spring CDP, Virginia?

$1,285/month 5%vs 2023 ($1,224)

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

MetricValue
Median Gross Rent$1,285
Median Home Value$325,800
Median Household Income$87,539
Total Housing Units11,043
Renter-Occupied Units3,369
Renter-Occupied Share31%
Households Paying 50%+ Income329 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

Cheapest: St. Paul town($460)
Priciest: Great Falls CDP($3,501)
#CityValue
1Great Falls CDP$3,501
1South Run CDP$3,501
1Wakefield CDP$3,501
… 209 more …
213Cave Spring CDP(you are here)$1,285
… 254 more …
468St. Paul town$460
469Fries town$333
470Lovingston CDP$232

ZIP codes in Cave Spring CDP

2 ZIP codes overlap Cave Spring CDP.

More data for Cave Spring CDP, Virginia

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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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.