Market Summary

Montpelier, Hanover County, VA

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Median Home Price Price

$437,404 $437.4K

Median Monthly Rent Rent

$1,517 $1.5K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hanover County

Region Price Rent GRM Display
$401,137 $1,418 23.0x
$393,159 $1,506 22.0x
$398,803 $1,603 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Hanover County

Region Price Rent GRM Display
$403,158 $1,522 22.0x
$324,335 $1,176 23.0x
$368,755 $1,599 19.0x
$314,440 $1,389 19.0x
$239,495 $1,072 18.0x
$430,958 $1,336 27.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$317,798 $1,605 16.0x
$357,653 $1,411 21.0x
$272,826 $1,841 12.0x
$268,400 $1,520 15.0x
$205,941 $1,520 11.0x
$631,893 $2,190 24.0x
$385,843 $1,274 25.0x
$261,096 $1,066 20.0x
$780,009 $2,837 23.0x
$272,311 $1,512 15.0x
$350,444 $1,514 19.0x
$473,483 $1,525 26.0x
$261,396 $1,084 20.0x
$486,916 $2,042 20.0x
$366,391 $1,562 20.0x
$638,973 $1,599 33.0x
$375,317 $1,538 20.0x
$190,608 $1,028 15.0x
$356,795 $1,492 20.0x
$604,450 $2,232 22.0x
$450,986 $1,575 24.0x
$579,841 $1,990 24.0x
$302,046 $1,477 17.0x
$669,526 $2,428 23.0x
$455,184 $1,496 25.0x
$341,833 $1,529 19.0x
$444,857 $2,291 16.0x
$372,370 $1,441 22.0x
$457,427 $1,433 26.0x
$213,365 $1,208 15.0x

Home prices

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Monthly rent

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GRM

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Montpelier

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Trend Insights

Median Rent in Montpelier, VA is $1,517, with MoM change +$11 and YoY change +$71 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Montpelier, VA.

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Metric
Base market Montpelier, VA
Compare market Select a market
Delta vs base
Median rent
$1,517
N/A
Median price
$437,404
N/A
YoY change
+$71
N/A
Price-to-rent
24.0x
Data unavailable
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