Apartments for Rent in Petersburg, VA

Prices and availability in Petersburg, VA were last updated on 21 Aug 2026.

The best apartments in Petersburg, VA are: The Residences at Southern Oaks, Mayton Transfer Lofts, Addison Crater Woods, 1200 Acqua Luxury Lifestyle Apartments and Dunlop Street Lofts.

The average rent in Petersburg, VA is $1,310.

The price range for a studio apartment in Petersburg, VA is between $1,325 and $2,730.

The price range for a 1-bedroom apartment in Petersburg, VA is between $1,013 and $1,934.

The price range for a 2-bedroom apartment in Petersburg, VA is between $1,169 and $2,730.

The price range for a 3-bedroom apartment in Petersburg, VA is between $1,199 and $2,730.

In Petersburg, 61% of the residents are renting compared to 39% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Petersburg's rentals, 59% are small-scale complexes with under 50 units, and 24% are single-family rentals.

The average age of rental buildings in Petersburg is 43 years old, with 26% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 92% are garden-style apartment communities, 7% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Petersburg come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 24% of the total apartments in the city, while 2-bedroom floorplans represent around 63% of all rentals in Petersburg. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.