Farmville, VA

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Farmville short-term rental market based on reliable data.

Listings

67 / 111

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$25,157

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$270,086

Median Home Sale Price

Top Earners

$47,206

Top-Earners Revenue

Farmville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Farmville.

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B

Generally Investor friendly

Farmville Regulations

STRs are allowed by-right in non‑zoned and several zoning districts, with only a $200 annual registration fee and routine inspections; the only notable hurdle is a Special Use Permit for Agricultural districts.

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About Farmville

Farmville is a small college town in south-central Virginia, serving as the seat of Prince Edward County with a population of roughly 7,000 residents. The community has a relaxed, walkable character shaped by two institutions of higher learning, Longwood University and Hampden-Sydney College, and it functions as a quiet gateway to the rolling Piedmont countryside, Civil War history, and the outdoor recreation that define this part of the state. It sits about 65 miles west of Richmond, the nearest major city, an easy drive of just over an hour by way of U.S. Route 460.

Just outside the town center, High Bridge Trail State Park follows a former rail corridor and includes the restored High Bridge, a roughly 2,400-foot-long steel and concrete span over the Appomattox River that once carried General Robert E. Lee's retreating army in April 1865. Today the bridge is open to hikers, runners, and cyclists and stands as one of the longest recreational rail-trails in Virginia, with the main trailhead only minutes from downtown. Trail maps and current conditions are available through High Bridge Trail State Park.

A short walk from Main Street brings visitors to the Robert Russa Moton Museum, housed in the former Moton High School building. The site is preserved as a civil rights landmark because the 1951 student strike led by Barbara Johns helped build momentum for the Supreme Court's decision in Brown v. Board of Education, and it remains an active educational center on the U.S. Civil Rights Trail. Background on the building and its history is available at the Robert Russa Moton Museum Wikipedia page.

About 25 minutes southeast of Farmville lies Sailor's Creek Battlefield Historical State Park, a quiet, well-preserved site where Confederate forces suffered a devastating defeat on April 6, 1865, just three days before Lee's surrender at Appomattox. The park's visitor center, interpretive trails, and the restored Hillsman House offer a contemplative counterpoint to the busier sites farther west, and details on programs and hours can be found at Sailor's Creek Battlefield Historical State Park.

A short drive further west, roughly 30 to 40 minutes from town, brings travelers to Appomattox Court House National Historical Park, where Lee's surrender to Ulysses S. Grant on April 9, 1865 effectively ended the Civil War. The park preserves the reconstructed McLean House, the surrounding village, and the fields beyond, with the National Park Service providing touring information and seasonal programs at Appomattox Court House National Historical Park.

Taken together, these attributes make Farmville a particularly natural base for short-term rentals. Visitors can return each evening to a small-town atmosphere with locally owned restaurants, a leafy historic downtown, and the steady hum of college-town life, while spending their days on one of Virginia's most distinctive rail-trails and at some of the most significant Civil War sites in the country. The combination of affordability, walkability, and proximity to both Richmond and the surrounding historic landscape gives owners a dependable mix of leisure travelers, history enthusiasts, cyclists, and university visitors throughout the year.

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