Median Home Value
$299,100
Median Gross Rent
$1,184/mo
Homeownership Rate
39.5%
Rent as Share of Income
22.8%
Vacancy Rate
7.0%
Median Year Built
1987
Home Price Index (FHFA)
Home prices in Harrisonburg city have risen 541% since 1977, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,050
1 Bedroom
$1,057
2 Bedroom
$1,322
3 Bedroom
$1,801
4 Bedroom
$2,125
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.