Apartments for Rent in Petersburg, VA

Prices and availability in Petersburg, VA were last updated on 28 Oct 2026.

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

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

The price range for a studio apartment in Petersburg, VA is between $1,230 and $1,901.

The price range for a 1-bedroom apartment in Petersburg, VA is between $895 and $1,752.

The price range for a 2-bedroom apartment in Petersburg, VA is between $1,022 and $2,464.

The price range for a 3-bedroom apartment in Petersburg, VA is between $1,118 and $2,434.

In Petersburg 61% of the housing is rented out compared to 39% of homes are owned, according to the most recent Census Bureau estimates. 16% of Petersburg's apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 24% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Petersburg are about 43 years old, on average. Of these, 26% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 92% of the rental communities here are low-rise, garden-style communities, 7% are mid-rises, and 2% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Petersburg are around 2% of rentals, while 1-bedroom floor plans represent 24% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 63% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.