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Farmville, VA

Full City Profile · Virginia · Prince Edward County County

2.9 /5.0
C+ Fair
7,613 Population 991/sq mi density
$40,282 Median Income $21,612 per capita
$223,700 Home Value $255,171 Zillow
$865 Median Rent 31.6% income on rent
57°F Avg Temperature 305 sunny days/yr
396 Violent Crime/100K 2,133 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$40,282 median income, 1.3% unemployment
B+
Affordability
3.5 / 5.0
$223,700 home value, $865/mo rent
F
Safety
1.0 / 5.0
396 violent crimes/100K (4% above avg)
B
Education
3.3 / 5.0
28.5% bachelor's degree or higher

Housing Overview

Median Home Value
$223,700
21% below
US avg: $281,900
Median Rent
$865/mo
26% below
US avg: $1,163/mo
Homeownership Rate
36.0%
45% below US avg (65.4%)
Total Housing Units
3,119
Median year built: 1967

Home Value by Source

Census Median
$223,700
Zillow (ZHVI)
$255,171
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

36.0%
Owner-Occupied
64.0%
Renter-Occupied
36%
64%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $865/mo · Zillow rent: $1,425/mo

Affordability & Housing Stock

Rent Burden
31.6%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
36.0%

Complete Housing Data

Home Values

Census Median Value$223,700
Zillow Home Value (ZHVI)$255,171

Rent

Census Median Rent$865
Zillow Rent (ZORI)$1,425
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Ownership & Stock

Owner-Occupied36.0%
Renter-Occupied64.0%
Homeownership Rate36.0%
Total Housing Units3,119
Median Year Built1967
Rent Burden31.6%