Housing market/Virginia/ZIP 24528

ACS 2023 · FY2027 SAFMR

ZIP 24528 Brookneal, Charlotte County, Virginia

Charlotte County, VA · Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,793
Households
1,476
Median HH income
$56,014
Renter share
21.3%
Median gross rent
$796
Vacancy
17.3%
Pop. change
+13.3%
2BR SAFMR
$1,070
SAFMR / rent
1.344×
2–49 unit stock
78
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 24528 · VA — sent to you.

ZIP 24528 · VA

ACS median rent$796
2BR SAFMR$1,070
90% floor$963
110% ceiling$1,177

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 24528

  • 1-unit detached1,33374.7%
  • 1-unit attached70.4%
  • 2–4 units211.2%
  • 5–49 units573.2%
  • Mobile36720.6%
TypeUnitsShare
1-unit detached1,33374.7%
1-unit attached70.4%
2 units (duplex)50.3%
3–4 units160.9%
5–9 units573.2%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile36720.6%

2–4 unit share 1.2% · 5–49 unit share 3.2% · combined 2–49 4.4%.

Units by bedrooms

Studio
20
1BR
45
2BR
397
3BR
1,027
4BR
210
5+
86

Rent burden

Rent ≥30% of income35.6%
Rent ≥50% of income20.9%
  • ACS median gross rent $796 (all bedrooms, occupied rentals).
  • Median contract rent $525.
  • Renters paying ≥30% of income 35.6%; ≥50% 20.9%.
  • FY2027 2BR SAFMR $1,070 (1.344× ACS median gross rent).

Population

3,793 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +13.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 80 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 24528 21.3% of occupied households are renters; vacancy is 17.3%; ACS median gross rent is $796; population increased +13.3% between the 2018 and 2023 ACS vintages; the housing stock includes 21 units in 2–4-unit structures and 57 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,070 versus ACS median gross rent of $796. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Virginia research

ZIP 24528 is a Census / HUD profile for Charlotte County, VA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 24528?

ZIP 24528 (Charlotte County, VA) has 3,793 residents, 1,476 households, a renter share of 21.3%, median household income of $56,014, and ACS 2023 median gross rent of $796. Vacancy is 17.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 24528?

ACS counts 5 units in 2-unit buildings, 16 in 3–4 unit buildings, 57 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 78 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 24528?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,070. See the full schedule and 90–110% payment-standard band on the ZIP 24528 — Brookneal, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 24528 is Census / HUD research for Charlotte County, VA. Jeff Crowe CRE does not list Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.