Montvale, VA

Full City Profile · Virginia · Bedford County County

3.3 /5.0
B Good
379 Population 157/sq mi density
$41,732 Median Income $40,112 per capita
$212,500 Home Value $259,827 Zillow
58°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$41,732 median income, 0.0% unemployment
B+
Affordability
3.8 / 5.0
$212,500 home value, /mo rent
C
Education
2.3 / 5.0
16.8% bachelor's degree or higher

Housing Overview

Median Home Value
$212,500
25% below
US avg: $281,900
Homeownership Rate
68.4%
5% above US avg (65.4%)
Total Housing Units
220
Median year built: 1978

Home Value by Source

Census Median
$212,500
Zillow (ZHVI)
$259,827
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.4%
Owner-Occupied
31.6%
Renter-Occupied
68%
32%
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

Affordability & Housing Stock

Rent Burden
13.6%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
68.4%

Complete Housing Data

Home Values

Census Median Value$212,500
Zillow Home Value (ZHVI)$259,827

Rent

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-Occupied68.4%
Renter-Occupied31.6%
Homeownership Rate68.4%
Total Housing Units220
Median Year Built1978
Rent Burden13.6%