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Rustburg CDP, VA

ZIP 24588 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24588

Median Home Value
$204,300
Median Rent
$541
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,312/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

31.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 24588 in Rustburg CDP, VA, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,312. That sits below the local median household income ($68,869), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.3%+11% vs US avg
x
Vacancy Rate
12.3%+20% vs US avg
x
Broadband Access
81.0%-7% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
15.3%-69% vs US avg
x
Mortgage-Free
50.1%+31% vs US avg
x
$204,300
Home Value
$541
Rent
1982
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached69.2%
  • 1-unit attached1.6%
  • 2-9 units4.2%
  • 10+ units0.0%
  • Mobile home & other25.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$204,300
Median rent$541
Owner-occupied72.3%
Vacant12.3%
Price-to-income3.0x
Est. income to buy$56,000