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City · 12,725 residents · Campbell County, Virginia

Timberlake , Virginia

In Timberlake, a typical home is worth $235,900 and typical rent is $1,083 a month. Compared with all of Campbell County, typical rent is 22% higher, typical household income is 14% higher, and the share of households that own their home is 10 points lower.

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  • Typical home value

    $235,900

    11% above the county

    39% below Virginia

    • Timberlake
    • Campbell
    • Virginia

  • Typical rent

    $1,083a month

    22% above the county

    31% below Virginia

    • Timberlake
    • Campbell
    • Virginia

  • Typical household income

    $75,657a year

    14% above the county

    19% below Virginia

    • Timberlake
    • Campbell
    • Virginia

  • Households that own their home

    65%

    10 points below the county

    3 points below Virginia

    • Timberlake
    • Campbell
    • Virginia

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

Timberlake is in Campbell County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Campbell County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Timberlake apart

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

  1. Timberlake has the 2nd smallest share of rent-burdened renters of the 133 cities in Virginia with more than 5,000 people (29%).

  2. Nearby, in Bedford, the typical rent is $828: 24% less than in Timberlake ($1,083).

  3. Nearby, in Vinton, the typical home value is $190,900: 19% less than in Timberlake ($235,900).

  4. The typical rent in Timberlake is $1,083 a month, 22% more than in Campbell County as a whole ($891).

  5. 65% of households in Timberlake own their home, against 75% in Campbell County.

  6. 6% of households in Timberlake have no internet at home (11% in Campbell County).

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

The homes here

Housing in Timberlake

What homes there are in Timberlake, 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 are the majority in Timberlake (55%), but less so than in Campbell County (67%).

Year built

The typical year built in Timberlake is 1982, about the same as in Campbell County (1982).

There are fewer big homes in Timberlake than in Campbell County: 62% have 3 bedrooms or more, against 69%.

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

The FHA limit for Campbell County is high ($541,287): at least 97% of owner-occupied homes in Timberlake are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,287 a month

Campbell County: $1,269 a month

Without a mortgage

$381 a month

Campbell County: $384 a month

Owners with a mortgage

59%

Campbell County: 53%

The typical cost for an owner with a mortgage in Timberlake is $1,287 a month, near the figure in Campbell County ($1,269).

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

From 2015–2019 to 2020–2024, the typical home value in Timberlake rose 28%; in Campbell County, it rose 35%.

Much as in Campbell County, the typical rent in Timberlake rose 19% since 2015–2019.

Income in Timberlake grew faster than housing: it rose 45%, while home values changed +28% and rent +19%.

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

MeasureTimberlakeCampbell CountyVirginiaUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.8%5.5%
Homeowner vacancy Unreliable estimate1.9%0.8%0.9%
More than one person per room Unreliable estimate1.5%2.1%3.4%
People per household 2.352.452.522.53
Drive alone 81%81%68%69%
Carpool 3%7%8%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home 14%10%18%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Timberlake look like those in Campbell County: 2.35 people on average.

In Timberlake, 14% of workers work from home, more than in Campbell County (10%).

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 Timberlake?

A typical home is tight for the typical income

We start with a typical home in Timberlake, worth $235,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Timberlake, which is $75,657 a year. For that payment to be 28% of income, a household would need to earn about $79,471 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Timberlake. 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 $8,257 (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

$1,854

at 7.18% · 30 years

Loan amount
$231,627
Total interest
$333,257
Paid off in
November 2056

Includes $3,984 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,765 a month

  • Tight

    $1,765 to $2,270 a month

    Your payment · 29%

  • Hard

    more than $2,270 a month

Compared with the typical household income in Timberlake ($75,657 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,854
Principal & interest$1,569
Property tax$83
Home insurance$98
FHA mortgage insurance (MIP)$104

You need at least $8,257 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

Timberlake and Campbell County

Timberlake is in Campbell 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).

Timberlake's own numbers

Typical home value
$235,900
Typical monthly rent
$1,083
Typical yearly household income
$75,657
Households that own their home
65%
Effective property tax rate
0.42%

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

Numbers for all of Campbell County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,117
Price change over 5 years (FHFA)
+55%
Homes in a high flood-risk zone
0.3%

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 Campbell County.

Everything about Campbell County

Buying

Buying a home in Timberlake

A typical home in Timberlake is worth $235,900: 11% above the county and 39% below Virginia. With the typical household income in Timberlake ($75,657 a year), a typical home costs 3.1 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.

  • Timberlake 3.1 years
  • Campbell 3.2 years
  • Virginia 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Campbell County

According to FHFA’s house price index, home prices in Campbell County rose 80% in the 10 years through 2025.

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

Period County Virginia U.S.
Last year (2025) +5.3% +3.7% +2.9%
5 years (2020–2025) +55% +49% +47%
10 years (2015–2025) +80% +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

Timberlake next to Campbell 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
  • Timberlake $235,900
  • Campbell $211,600
  • Virginia $383,700
  • United States $332,700
Typical monthly rent
  • Timberlake $1,083
  • Campbell $891
  • Virginia $1,579
  • United States $1,413
Typical yearly household income
  • Timberlake $75,657
  • Campbell $66,165
  • Virginia $93,170
  • United States $80,734
See the full table
Timberlake next to Campbell County and Virginia
Measure Timberlake Campbell County Virginia U.S.
Typical home value $235,900 $211,600 $383,700 $332,700
Typical monthly rent $1,083 $891 $1,579 $1,413
Typical yearly household income $75,657 $66,165 $93,170 $80,734
Households that own their home 65% 75% 67% 65%
Typical yearly property tax $981 $950 $2,790 $3,119
Effective property tax rate 0.42% 0.45% 0.73% 0.94%
Renters with high rent for their income 29% 34% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Campbell 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 Timberlake

For a typical $235,900 home in Timberlake, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Timberlake's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,854a month

    Least cash to close
    Down payment
    $8,257
    Cash to close
    $15,334
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $104

  • Conventional, 5% down $1,811a month

    Down payment
    $11,795
    Cash to close
    $18,872
    Rate
    7.18%
    Mortgage insurance
    PMI · $112

  • Conventional, 20% down, no PMI $1,459a month

    Down payment
    $47,180
    Cash to close
    $54,257
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,677a month

    Down payment
    $35,385
    Cash to close
    $42,462
    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 Timberlake and for Campbell County.

Property tax

Effective rate in Timberlake

0.42%of the home’s value each year

$981 a year for the typical owner in Timberlake.

  • Timberlake 0.42%
  • Campbell 0.45%
  • 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 Campbell County

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

Homes in the high-risk zone
0.3%
45
Of those, with NFIP insurance
11%
County Virginia U.S.
Homes in the high-risk zone 0.3% 1.5% 3.5%
Of those, with NFIP insurance 11% 100% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Timberlake

Typical rent in Timberlake is $1,083 a month: 22% above the county. In Timberlake, 29% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Campbell County, by unit size. To pay the 2-bedroom one ($1,117 a month) without spending more than 30% of your income, you would need to earn $21.48 an hour working full time.

HUD fair market rent for all of Campbell 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 $965 $18.56 $38,600
1 bedroom $971 $18.67 $38,840
2 bedrooms $1,117 $21.48 $44,680
3 bedrooms $1,547 $29.75 $61,880
4 bedrooms $1,678 $32.27 $67,120

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 Timberlake

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Timberlake has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,070 in 24550 to $1,390 in 24502.

1 of the 2 is above the fair market rent for Campbell County ($1,117).

  • 24502 $1,390$1,920
  • 24550 $1,070$1,480

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Timberlake 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 Timberlake

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 Campbell County. The nearest ones are below; many serve by phone or online.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Timberlake

No down payment, repair or rent-help program on our list is for Timberlake or Campbell County. The ones below are statewide in Virginia: they work in Timberlake 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 Timberlake

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

  • Lynchburg Community Action Group, Incorporate (aka Lyncag)

    300 12th St, Lynchburg · 9 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (434) 455-1601

  • Total Action for Progress in Roanoke Va

    302 2nd St SW, Roanoke · 38 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (540) 777-4673

  • Southeast Rural Community Assistance Project

    347 Campbell Ave SW, Roanoke · 39 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 10 more
    (540) 345-1184

All counseling agencies in Virginia

Help in Spanish near Timberlake

None of the 3 agencies on this list say they serve 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 Timberlake

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

All housing agencies in Virginia Source: HUD

Cities

Nearby cities

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

Everything about Campbell County Housing in Virginia

Neighboring counties

If Campbell 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 Timberlake.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Timberlake

Short answers with the numbers for Timberlake and all of Campbell 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 Timberlake?

The typical home value in Timberlake is $235,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Campbell County it is $211,600.

How much does it cost to rent in Timberlake?

Typical rent in Timberlake is $1,083 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Campbell County is $1,117.

What is the FHA loan limit in Timberlake?

Timberlake uses the FHA limit for all of Campbell County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Timberlake?

The typical homeowner in Timberlake pays $981 a year, according to the U.S. Census Bureau. That is 0.42% of the home’s value; in Campbell County, the rate is 0.45%.

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

We found no HUD-approved counseling agencies with an office in Campbell 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).