Madison Heights, VA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

6 / 11

Reliable / Active

Cap Rate

19%

Middle-Earners Gross Yield

Revenue

$46,568

Middle-Earners Revenue

Occupancy

78%

Middle-Earners Occupancy

Home Value

$248,323

Median Home Sale Price

Top Earners

$109,798

Top-Earners Revenue

Madison Heights

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Madison Heights.

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B

Generally Investor friendly

Madison Heights Regulations

Madison Heights allows STRs but requires standard zoning compliance and building code adherence (USBC/IRC), including permits, inspections, and a certificate of occupancy. The biggest challenges are the zoning-driven permissibility (requiring district-by-district verification for allowed use) and the lack of standalone STR rules, which creates uncertainty. Enforcement appears consistent but technical rather than obstructive, aligning with a friendly but moderately complex regulatory environment.

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About Madison Heights

Madison is a small, quiet town in the rolling Piedmont of central Virginia, serving as the seat of Madison County. The town itself has only a few hundred residents, while the broader county holds roughly 13,000 people, giving the area a rural and unhurried feel. Surrounded by farmland, horse pastures, and the wooded foothills of the Blue Ridge Mountains, Madison has long served as a gateway to the southern end of Shenandoah National Park and to a swath of Virginia countryside prized for its scenery and historic estates. It sits about 80 miles southwest of Washington, D.C., and roughly 30 miles north of Charlottesville, placing it within easy reach of two major metropolitan areas while retaining a small-town pace.

The biggest draw in the area is Shenandoah National Park, whose southern entrance at Rockfish Gap lies just to the southwest. From Madison, travelers can reach the park's lower sections in about 20 to 30 minutes, where the Skyline Drive begins threading north along the Blue Ridge crest. Hikers come to the Madison County side of the park for Old Rag Mountain, one of Virginia's most popular day hikes, and for the White Oak Canyon and Cedar Run falls trails, where cascading water drops through shaded hollows. In autumn, the park's hardwood forests draw leaf-peepers from across the Mid-Atlantic.

A short drive south brings visitors to Montpelier, the lifelong home of James Madison, the fourth U.S. president and the so-called "Father of the Constitution." The estate, located near the town of Orange, is operated as a museum and is roughly a 25- to 30-minute drive from Madison. Its restored mansion, formal gardens, and extensive grounds offer a window into early American political life, and the site's Archaeology Lab occasionally lets visitors observe conservation work in progress.

Closer to town, the countryside of Madison County is dotted with country farms and small family operations that have become part of the local identity. Graves Mountain Farm, set in the foothills just north of Madison, has been a working farm for generations and hosts seasonal festivals, horseback riding, and farm-to-table events that draw visitors from across the region. The nearby Route 29 corridor also leads travelers toward a string of Virginia vineyards and cideries in neighboring Orange and Greene counties, making Madison a convenient base for those touring the Piedmont wine country.

For short-term rental owners, Madison offers an appealing combination: genuine rural character, proximity to a major national park, and easy driving access to both Charlottesville and the D.C. metro area. Guests looking for a quiet country escape with hiking, history, and small-town charm all within a short drive will find the area an attractive alternative to the busier Blue Ridge towns to the south.

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