Rent in Drakes Branch, VA
A 2-bedroom in Drakes Branch, VA (ZIP 23937) typically rents for about $554 a month, with a range of $554–$943. Owner-occupied homes in Charlotte County pay about 0.52% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $716 | $716 | 1 |
| 1 bed | $473 | $473–$721 | 1 |
| 2 beds | $554 | $554–$943 | 1 |
| 3 beds | $1,264 | $1,161–$1,264 | 1 |
| 4 beds | $1,108 | $1,108–$1,576 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Drakes Branch ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Drakes Branch, VA?
- About $554 a month: the median of the typical rents in 1 ZIP code, which range from $554–$943. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Drakes Branch, VA?
- About $473 a month: the median of the typical rents in 1 ZIP code, which range from $473–$721. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Drakes Branch, VA?
- About $1,264 a month: the median of the typical rents in 1 ZIP code, which range from $1,161–$1,264. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Drakes Branch, VA?
- About $716 a month: the median of the typical rents in 1 ZIP code, which range from $716. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Drakes Branch, VA?
- About $1,108 a month: the median of the typical rents in 1 ZIP code, which range from $1,108–$1,576. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Drakes Branch, VA?
- Owner-occupied homes in Charlotte County pay a typical 0.52% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Drakes Branch rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).