How much is a home worth in ZIP code 22701?

The typical home in 22701 is worth $454,096, based on the Zillow Home Value Index.

Are home values rising in 22701?

Home values in 22701 are up 3.0% over the past year, and up 5.5% a year over five years.

What is the typical rent in 22701?

A typical home in 22701 rents for about $1,993 a month, a gross rental yield of 5.3%.

What is the property tax rate in 22701?

The effective property tax rate in 22701 is 0.5% — roughly $2,296 a year on a typical home.

ZIP code 22701 has a population of 38,512 and a median household income of $97,892.

HousingHandbookReference data

…

U.S. ZIP Code · VA22701

Culpeper County · Washington-Arlington-Alexandria, DC-VA-MD-WV

Typical home value

$454,096^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.0%
5-year / yr: +5.5%
10-year / yr: +6.1%

Relative price

vs U.S.: +59.9%
vs metro: -22.7%
vs state: +38.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 22701 is worth $454,096 — 22.7% below the Washington-Arlington-Alexandria, DC-VA-MD-WV median. Over the past year, values have risen 3.0%. Homes here rent for a typical $1,993 a month — a 5.3% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,993^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,296^[3]

#Climate risk

FEMA National Risk Index ratings for Culpeper County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Low
Hurricane: Relatively Low
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 38,512^[3]
Median household income: $97,892^[3]

#Migration

Household moves in and out of Culpeper County over a year, from IRS tax-return data.

Net migration: +137^[5]
Moved in: 1,636
Moved out: 1,499

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 6
Middle: 2
High: 2

Eastern View High
High · Grades 9–12 · Culpeper County Public Schools
1,542 students
Culpeper County High
High · Grades 9–12 · Culpeper County Public Schools
1,232 students
Culpeper Middle
Middle · Grades 6–8 · Culpeper County Public Schools
1,059 students
Floyd T. Binns Middle
Middle · Grades 6–8 · Culpeper County Public Schools
786 students
Sycamore Park Elementary
Elementary · Grades PK–5 · Culpeper County Public Schools
700 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$23,913

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,296

Loan principal$363,277

Down payment$90,819

Total interest paid$463,340

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.44

Monthly cost to own$2,868

Monthly rent$1,993

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 90th percentile^[1]
Rental yield: 66th percentile^[2]
Property tax: 5th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 22701?: The typical home in 22701 is worth $454,096, based on the Zillow Home Value Index.
Are home values rising in 22701?: Home values in 22701 are up 3.0% over the past year, and up 5.5% a year over five years.
What is the typical rent in 22701?: A typical home in 22701 rents for about $1,993 a month, a gross rental yield of 5.3%.
What is the property tax rate in 22701?: The effective property tax rate in 22701 is 0.5% — roughly $2,296 a year on a typical home.
Who lives in 22701?: ZIP code 22701 has a population of 38,512 and a median household income of $97,892.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

21701 vs 22701 →
Frederick, MD
Typical home
$453,693
Gross yield
5.6%
21791 vs 22701 →
Union Bridge, MD
Typical home
$453,505
Gross yield
—
22408
Fredericksburg, VA
Typical home
$453,455
Gross yield
5.4%
20712
Mount Rainier, MD
Typical home
$450,765
Gross yield
4.3%
20744
Fort Washington CDP, MD
Typical home
$450,720
Gross yield
4.3%
22304
Alexandria, VA
Typical home
$450,155
Gross yield
5.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 22701 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · VA22701

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