%
CapRateCity
Free cap rate calculators for every US market
MarketsVirginiaStauntonRental Property Investment Guide

Rental Property Investment Guide: Staunton, VA

Updated 2026 · Based on median market data for Staunton, VA

Cap Rate
3.28%
Median Price
$320K
Rent/Mo
$1,390
1% Rule
0.43%
Fails

Market Snapshot

Staunton sits in the South with a population of 50,000 growing at 0.7% annually. The median home costs $320,000 while rents average $1,390/mo, producing an estimated cap rate of 3.28%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Staunton works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 3.28% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Staunton

Target properties priced 15-25% below the $320,000 median — around $256,000 or less. At this price point with $1,390/mo rents, your cap rate improves to roughly 4.5%. Factor in 0.86% property taxes ($2,752/yr), budget 5% of gross rent for maintenance, and underwrite to a 5.2% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $2,032.

Risks and Considerations

Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Staunton property using our cap rate calculator (pre-filled with Staunton data). Compare Staunton against similar markets in the South region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

Sponsored · Want to analyze a specific property? DealCheck imports real listing data and runs the full analysis for you.
Try Free →

How Staunton Compares

Staunton vs Virginia state average and national average across key investment metrics. Staunton's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Staunton
Virginia Avg
National Avg
Cap Rate
3.28%
4.09%
3.81%
Median Price
$320K
$337K
$333K
Median Rent
$1,390
$1,631
$1,524
Property Tax
0.86%
0.86%
1.08%
Vacancy
5.2%
5.2%
5.6%
Pop. Growth
0.7%/yr
0.7%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Staunton, VA
3.3%
$320K
$1,390
0.86%
Lexington, KY
3.6%
$320K
$1,480
0.81%
Brunswick, GA
4.1%
$320K
$1,660
0.93%
Chattanooga, TN
4.1%
$315K
$1,500
0.54%
Midland, TX
3.1%
$325K
$1,580
1.59%

Frequently Asked Questions

Is Staunton, VA a good place to invest in rental property?
Staunton has an estimated cap rate of 3.28%, which is below the national average of 3.81%. With median home prices at $320K and rents of $1,390/mo, pure cash flow investing in Staunton is challenging at median prices, but value-add strategies can work. Population growth of 0.7% and 5.2% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Staunton?
The estimated cap rate for Staunton is 3.28%, based on median home prices of $320K, median rents of $1,390/mo, a 0.86% property tax rate, and 5.2% vacancy. This compares to a 4.09% average across Virginia and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Staunton?
The median home price in Staunton is $320,000, which is 4% below the national average of $333,419. A 20% down payment would be approximately $64,000. Investment properties in Staunton range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Staunton property taxes for investors?
Staunton's effective property tax rate is 0.86%, which is above the Virginia average of 0.86% and below the national average of 1.08%. On a $320K property, annual taxes are approximately $2,752 ($229/mo). Property taxes are moderate and manageable.
Full Staunton Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Staunton & Related Markets

More Staunton Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

Similar Markets in the South

Brevard, NC$465K · $1,990/mo
3.3%
Richmond, VA$385K · $1,660/mo
3.3%
Salisbury, MD$415K · $1,890/mo
3.3%
Spring Hill, TN$445K · $1,780/mo
3.2%
Charlottesville, VA$455K · $1,960/mo
3.2%
The CapRateCity Report
Weekly market analysis: highest cap rate cities, emerging markets, and deal breakdowns. Free, no spam.