Rent in Prospect, VA
A 2-bedroom in Prospect, VA (ZIP 23960) typically rents for about $730 a month, with a range of $730–$1,126. Owner-occupied homes in Prince Edward County pay about 0.43% 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 | $943 | $943 | 1 |
| 1 bed | $949 | $949 | 1 |
| 2 beds | $730 | $730–$1,126 | 1 |
| 3 beds | $683 | $683–$1,342 | 1 |
| 4 beds | $1,480 | $1,480 | 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).
Prospect ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Prospect, VA?
- About $730 a month: the median of the typical rents in 1 ZIP code, which range from $730–$1,126. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Prospect, VA?
- About $949 a month: the median of the typical rents in 1 ZIP code, which range from $949. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Prospect, VA?
- About $683 a month: the median of the typical rents in 1 ZIP code, which range from $683–$1,342. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Prospect, VA?
- About $943 a month: the median of the typical rents in 1 ZIP code, which range from $943. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Prospect, VA?
- About $1,480 a month: the median of the typical rents in 1 ZIP code, which range from $1,480. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Prospect, VA?
- Owner-occupied homes in Prince Edward County pay a typical 0.43% 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 Prospect rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).