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City · 5,216 residents · Stafford County, Virginia

Falmouth , Virginia

In Falmouth, a typical home is worth $438,200 and typical rent is $1,873 a month. Compared with all of Stafford County, typical household income is 19% lower and the typical home value is 10% lower.

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  • Typical home value

    $438,200

    10% below the county

    14% above Virginia

    • Falmouth
    • Stafford
    • Virginia

  • Typical rent

    $1,873a month

    7% below the county

    19% above Virginia

    • Falmouth
    • Stafford
    • Virginia

  • Typical household income

    $111,977a year

    19% below the county

    20% above Virginia

    • Falmouth
    • Stafford
    • Virginia

  • Households that own their home

    77%

    3 points below the county

    10 points above Virginia

    • Falmouth
    • Stafford
    • Virginia

Source: U.S. Census Bureau, Average 2020–2024

Falmouth is in Stafford County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Stafford County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Falmouth apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Spotsylvania Courthouse, the typical rent is $1,398: 25% less than in Falmouth ($1,873).

  2. The typical household income in Falmouth is $111,977, 19% less than in Stafford County as a whole ($137,807).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Falmouth

What homes there are in Falmouth, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 84% of homes here, against 75% in Stafford County.

Year built

There are fewer big homes in Falmouth than in Stafford County: 80% have 3 bedrooms or more, against 86%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,446 a month

Stafford County: $2,545 a month

Without a mortgage

$549 a month

Stafford County: $653 a month

Owners with a mortgage

67%

Stafford County: 78%

Owning costs about the same in Falmouth as in Stafford County: with a mortgage, $2,446 a month; without one, $549.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Falmouth rose 37% since 2015–2019, less than in Stafford County (40%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureFalmouthStafford CountyVirginiaUnited States
Rental vacancy Unreliable estimate5.4%4.8%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate2.6%2.1%3.4%
People per household 2.593.052.522.53
Drive alone 75%66%68%69%
Carpool Unreliable estimate10%8%9%
Public transit Unreliable estimate2%2%3%
Walk or bike Unreliable estimate1%2%3%
Work from home Unreliable estimate20%18%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Falmouth has 2.59 people, fewer than in Stafford County (3.05).

To get to work, 75% of workers in Falmouth drive alone; in Stafford County, 66%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Falmouth?

A typical home costs more than the typical income allows

We start with a typical home in Falmouth, worth $438,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Falmouth, which is $111,977 a year. For that payment to be 28% of income, a household would need to earn about $149,970 a year.

The calculator's FHA and conventional loan limits are those of all of Stafford County.

Your numbers

Local data
$

Starts at the typical home value in Falmouth. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $15,337 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,499

at 7.18% · 30 years

Loan amount
$430,263
Total interest
$619,048
Paid off in
November 2056

Includes $7,400 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,613 a month

  • Tight

    $2,613 to $3,359 a month

  • Hard

    more than $3,359 a month

    Your payment · 38%

Compared with the typical household income in Falmouth ($111,977 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,499
Principal & interest$2,915
Property tax$208
Home insurance$183
FHA mortgage insurance (MIP)$194

You need at least $15,337 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Falmouth and Stafford County

Falmouth is in Stafford County, Virginia. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Falmouth's own numbers

Typical home value
$438,200
Typical monthly rent
$1,873
Typical yearly household income
$111,977
Households that own their home
77%
Effective property tax rate
0.57%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Stafford County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,249,125
HUD fair market rent, 2 bedrooms
$2,438
Price change over 5 years (FHFA)
+50%
Homes in a high flood-risk zone
0.7%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Stafford County.

Everything about Stafford County

Buying

Buying a home in Falmouth

A typical home in Falmouth is worth $438,200: 10% below the county and 14% above Virginia. With the typical household income in Falmouth ($111,977 a year), a typical home costs 3.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Falmouth 3.9 years
  • Stafford 3.5 years
  • Virginia 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Stafford County

According to FHFA’s house price index, home prices in Stafford County rose 77% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Stafford County.

Period County Virginia U.S.
Last year (2025) +4.4% +3.7% +2.9%
5 years (2020–2025) +50% +49% +47%
10 years (2015–2025) +77% +75% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Falmouth next to Stafford County, Virginia and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Falmouth $438,200
  • Stafford $485,100
  • Virginia $383,700
  • United States $332,700
Typical monthly rent
  • Falmouth $1,873
  • Stafford $2,020
  • Virginia $1,579
  • United States $1,413
Typical yearly household income
  • Falmouth $111,977
  • Stafford $137,807
  • Virginia $93,170
  • United States $80,734
See the full table
Falmouth next to Stafford County and Virginia
Measure Falmouth Stafford County Virginia U.S.
Typical home value $438,200 $485,100 $383,700 $332,700
Typical monthly rent $1,873 $2,020 $1,579 $1,413
Typical yearly household income $111,977 $137,807 $93,170 $80,734
Households that own their home 77% 81% 67% 65%
Typical yearly property tax $2,508 $3,410 $2,790 $3,119
Effective property tax rate 0.57% 0.7% 0.73% 0.94%
Renters with high rent for their income 57% 45% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Stafford County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Falmouth

For a typical $438,200 home in Falmouth, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Falmouth's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,499a month

    Least cash to close
    Down payment
    $15,337
    Cash to close
    $28,483
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $194

  • Conventional, 5% down $3,419a month

    Down payment
    $21,910
    Cash to close
    $35,056
    Rate
    7.18%
    Mortgage insurance
    PMI · $208

  • Conventional, 20% down, no PMI $2,766a month

    Down payment
    $87,640
    Cash to close
    $100,786
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,171a month

    Down payment
    $65,730
    Cash to close
    $78,876
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Falmouth and for Stafford County.

Property tax

Effective rate in Falmouth

0.57%of the home’s value each year

$2,508 a year for the typical owner in Falmouth.

  • Falmouth 0.57%
  • Stafford 0.7%
  • Virginia 0.73%

What Virginia publishes Local exemption or deferral for people 65 and older or with disabilities (Virginia General Assembly (Code of Virginia))

Exemptions and deadlines in Virginia

Flood risk in Stafford County

FEMA does not publish these numbers by city: they are for all of Stafford County.

Homes in the high-risk zone
0.7%
351
Of those, with NFIP insurance
23%
County Virginia U.S.
Homes in the high-risk zone 0.7% 1.5% 3.5%
Of those, with NFIP insurance 23% 100% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Falmouth

Typical rent in Falmouth is $1,873 a month: 7% below the county. In Falmouth, 57% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Stafford County, by unit size. To pay the 2-bedroom one ($2,438 a month) without spending more than 30% of your income, you would need to earn $46.88 an hour working full time.

HUD fair market rent for all of Stafford County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,111 $40.60 $84,440
1 bedroom $2,204 $42.38 $88,160
2 bedrooms $2,438 $46.88 $97,520
3 bedrooms $3,107 $59.75 $124,280
4 bedrooms $3,658 $70.35 $146,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Falmouth

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Falmouth is in ZIP code 22405.

For 2 bedrooms it is $2,300: $138 less than the fair market rent for Stafford County ($2,438).

  • 22405 $2,300$2,930

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Falmouth when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Falmouth

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Stafford County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Falmouth

No down payment, repair or rent-help program on our list is for Falmouth or Stafford County. The ones below are statewide in Virginia: they work in Falmouth the same as in the rest of the state.

Which programs do I qualify for? All programs in Virginia

  • Down Payment Assistance Grant

    Statewide in Virginia

    Virginia state agency down payment grant that you do not repay; for first-time buyers, or any buyer in economic opportunity zones, with a Virginia Housing mortgage. Offered by Virginia Housing (Virginia Housing Development Authority).

    Grant

    See the program Official page

  • Virginia Housing Plus Second Mortgage

    Statewide in Virginia

    Virginia Housing 30-year fixed-rate second mortgage of up to 5% of the price for the down payment (and part of the closing costs with a credit score of 680 or higher); for first-time buyers and for people who have owned a home before. Offered by Virginia Housing (Virginia Housing Development Authority).

    Type not stated

    See the program Official page

  • Closing Cost Assistance Grant

    Statewide in Virginia

    Virginia Housing grant that you do not repay, of up to 2% of the price, for the closing costs of buyers with a Virginia Housing RD (Rural Development) or VA loan. Offered by Virginia Housing (Virginia Housing Development Authority).

    Grant

    See the program Official page

Housing counselors near Falmouth

The HUD-approved agencies closest to the center of Falmouth, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Prince William County Virginia Cooperative Extension

    15941 Donald Curtis Dr, Woodbridge · 21 miles away · Spanish

    Also serves in American Sign Language (ASL).

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (703) 792-4713

  • Centro de Apoyo Familiar (CAF)-Va

    13923 Minnieville Rd, Woodbridge · 23 miles away

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 4 more
    (703) 372-5440

  • First Home Alliance

    3138 Golansky Blvd Ste 202, Woodbridge · 24 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 12 more
    (703) 580-8838

All counseling agencies in Virginia

Help in Spanish near Falmouth

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Falmouth

HUD lists no housing authority with an office in Stafford County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Virginia Source: HUD

Cities

Other cities in Stafford County

These cities are also in Stafford County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Stafford County Housing in Virginia

Nearby cities

The cities closest to Falmouth, with the typical home value.

Neighboring counties

If Stafford County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Falmouth.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Falmouth

Short answers with the numbers for Falmouth and all of Stafford County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Falmouth?

The typical home value in Falmouth is $438,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Stafford County it is $485,100.

How much does it cost to rent in Falmouth?

Typical rent in Falmouth is $1,873 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Stafford County is $2,438.

What is the FHA loan limit in Falmouth?

Falmouth uses the FHA limit for all of Stafford County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Falmouth?

The typical homeowner in Falmouth pays $2,508 a year, according to the U.S. Census Bureau. That is 0.57% of the home’s value; in Stafford County, the rate is 0.7%.

Where can I find free help to buy or rent in Falmouth?

We found no HUD-approved counseling agencies with an office in Stafford County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).