24416 rental market

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Last updated August 10, 2025

Rental market summary

The average rent for 1 bedroom properties in 24416 is $700.

Average rent

$700

Month-over-month change

+$700

Year-over-year change

-$175

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $700 to $700.

Rent frequencies
Rent priceNumber of rental properties
$6001
$700+1

Average rent price over time

In the last year, rent has decreased by $175 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$741$2,500
Feb$700$1,260
Mar$1,400$800
Apr$700$800
May$795$800
Jun$807$900
Jul$700$1,900
Aug$875$975

Market temperature

The 24416 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 24416 is 56% lower than the national average.

24416vs.

$700

$1,595

Rent in 24416

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Frequently asked questions

1. What is the average rent in 24416?

The average rent in 24416 is $700.

2. How much does it cost to rent a house in 24416?

Houses in 24416 rent between $700 - $1,450 with an average rent of $700.

3. How has the rent in 24416 changed in the last year?

In the last year, the rent in 24416 decreased by $475

4. How much has the rent in 24416 increased/decreased in the last month?

In the last month, the rent in 24416 decreased by $100

5. How many available rentals are there in 24416?

There are currently 2 rentals available in 24416.

6. How do rent prices in 24416 compare with the national average?

The average rent in 24416 is $700 — Infinity% higher the national average of $0.