Just the value that changed. Structs are “Unfolded” into their component properties when they are members of Actors/Components, so I believe you also won’t pay any additional cost for property headers (need to vet this, but 90% certain).
Structs contained in TArray will also only send their changes, not the full struct. The property “headers” (i.e, the part of the packet that identifies the property being changed) will be larger though, as it needs to identify the array property, the index of the array, and the internal struct property, but this is usually nothing to worry about.
Keep in mind that because USTRUCT() use this “delta replication” and do not replicate atomically, there’s a chance that a struct can be in a state client-side that never existed on the Server if you change individual properties between network frames (but this is no different to other actor properties).