Real Estate Investing in Strasburg, Virginia (22657)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Shenandoah County • Population: 12,047 • Data updated: September 2026

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Should you buy in 22657 (Strasburg, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.5% vacancy may signal weakening demand.

What’s happening in Strasburg, VA (22657)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $349,098
Avg Monthly Rent $2,267
1% Rule ✗ Does Not Meet
Median Income $59,414
% Renters 24.2%

Market Analysis: 22657 Strasburg

Investors eyeing 22657 need to respect the fundamentals at play. Home values of $349K come alongside slower price movement and elevated management overhead.

The 22657 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Statewide comparisons place 22657 among VA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Employment concentration in 22657 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 22657 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Strasburg:

C+ Average
Buy Confidence Score: 66/100
Affordability
10/25
Appreciation
22/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.9× the median income
Value Trend
Rising (+3.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,267/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 22657

Which property type performs best in this market?

Best for Cash Flow
4BR
3.5% cap rate
Best for Appreciation
2BR
+8.1% 5yr CAGR
Best Overall Value
4BR
$101,188/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $257,818 $1,170 3.3% +8.1% $128,909
3BR $341,429 $1,570 3.3% +7.0% $113,810
4BR $404,752 $1,970 3.5% +7.2% $101,188

Market Trends

Home Value History (with trend line)

$367K$322K$276K$231K$186K$141KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,296$2,211$2,126$2,041$1,956$1,871Apr 2026Jun 2026Jul 2026

📊 How Does 22657 Compare?

Metric 22657 Strasburg Virginia
Home Value $349,098 $387,607 $403,170
5-Year CAGR 5.1% 5.0% 6.4%
Avg Rent $2,267 $1,664 -
Cap Rate 5.1% 3.5% -
💡 Why Invest in 22657? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 22657 (Strasburg, VA). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 22657 (Strasburg, VA)?

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Investability
Good
Cap Rate
5.1%
Fair
5yr Growth
+5.1%
Moderate

📊 Market Snapshot

Home Value $349,098
Monthly Rent $2,267
Price-to-Rent 12.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.8%
Cap Rate 5.1%
5-Year IRR 10.2%

📈 Home Appreciation

1-Year +3.2% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +5.1% ▲
10-Year CAGR +6.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
10.5%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 22657

Population: 12,047

💰 Median Household Income
$59,414
This area
$59,414
State
$80,295
USA
$74,580
🏠 Renter Occupied
24.2%
This area
24.2%
State
25.7%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-18.5%
USA
3.7%
🎓 College Educated
18.1%
This area
18.1%
State
4.0%
USA
33.7%
👤 Median Age
38.1 years
This area
38.1 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
10.5%
This area
10.5%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 87.9%
Other/Mixed 6.9%
Hispanic/Latino 4.1%
Black/African American 3.3%
Asian 2.0%
👶 Under 18
24.7%
This area
24.7%
USA
22.0%
👴 65 and Over
17.7%
This area
17.7%
USA
17.3%
📊 Poverty Rate
5.6%
This area
5.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 22657

B+ Avg School Grade
3 Schools
14.2:1 Avg Class Size
$14,510 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Signal Knob Middle

📚 06 – 08 Middle
👥
402 Students
👨‍🏫
12.0:1 Class Size
💰
$14,510 Per Student
B+ Above Average

Strasburg High

📚 09 – 12 High School
👥
610 Students
👨‍🏫
15.3:1 Class Size
💰
$14,510 Per Student
B+ Above Average

Sandy Hook Elementary

📚 Pre-K – 05 Elementary
👥
858 Students
👨‍🏫
15.3:1 Class Size
💰
$14,510 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby 593 Off-Campus Students
C
Laurel Ridge Community College
5,935 students · 5.9 mi

Investor Insight: With 593 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Strasburg, VA better for rentals, flips, or BRRRR?

Strasburg, VA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($349K prices, $2,267/mo rents) make it a reasonable choice.

How deep is the rental pool in Strasburg, VA?

The tenant pool in Strasburg, VA is solid, supported by local employment and population fundamentals. Rents of $2,267/mo are well-absorbed by the market.

Does Strasburg, VA favor landlords or tenants?

Strasburg, VA operates under VA law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.

Do landlords face vacancy issues in Strasburg, VA?

Rental vacancy in Strasburg, VA is elevated. Investors should budget normal turnover but not chronic empty units.

Can I house hack in Strasburg, VA?

Strasburg, VA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $349K price point reasonable to enter.

You know 22657 now. You don’t know where it ranks.

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How 22657 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV

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Cash Flow → Appreciation → Affordable →
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