Rent in Selma, VA
A 2-bedroom in Selma, VA (ZIP 24474) typically rents for about $943 a month, with a range of $943. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Alleghany County. Owner-occupied homes in Alleghany County pay about 0.79% 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 | $786 | $786 | 1 |
| 1 bed | $790 | $790 | 1 |
| 2 beds | $943 | $943 | 1 |
| 3 beds | $1,246 | $1,246 | 1 |
| 4 beds | $1,389 | $1,389 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Selma ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Selma, 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 1-bedroom in Selma, VA?
- About $790 a month: the median of the typical rents in 1 ZIP code, which range from $790. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Selma, VA?
- About $1,246 a month: the median of the typical rents in 1 ZIP code, which range from $1,246. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Selma, VA?
- About $786 a month: the median of the typical rents in 1 ZIP code, which range from $786. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Selma, VA?
- About $1,389 a month: the median of the typical rents in 1 ZIP code, which range from $1,389. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Selma, VA?
- Owner-occupied homes in Alleghany County pay a typical 0.79% 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 Selma rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).