Housing in Independence, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$213,849
Independence vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Independence is highlighted.
Median Home Value
28th%ilemost expensive$115,700show rank
Median Rent
25th%ilemost expensive rent$762show rank
Rent Burden
85th%ilehighest rent burden25.2%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$115,700
Median Rent
$762
Total Housing Units
559
Vacancy Rate
18.4%
Owner Occupied
62.1%
Renter Occupied
37.9%
Median Property Tax
$676
per year
Monthly Cost (w/ Mortgage)
$564
Housing Types
Single Family77.6%
Multi-Family15.9%
Mobile Home6.4%
The median home value in Independence, VA is $115,700. According to Zillow, the home value index for Independence is $213,849. The median rent is $762 per month (Census ACS). About 62.1% of housing units are owner-occupied. The median year homes were built is 1968. There are 559 total housing units.