Virginia Rental Market Trends
Last updated: October 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Virginia is $2,016, a 1.93% increase compared to the previous year, when the average rent was $1,978.
Studio Apartments at $1,698 offer the most budget-friendly option with 516 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 738 square feet for $1,881, balancing privacy and affordability.
Two-bedroom units at $2,052 offer 1,023 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,292 sq ft) for $2,390, suitable for larger households.
Average rent in Virginia
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,016 | 925 sq. ft. |
| Studio | $1,698 | 516 sq. ft. |
| 1 Bed | $1,881 | 738 sq. ft. |
| 2 Beds | $2,052 | 1,023 sq. ft. |
| 3 Beds | $2,390 | 1,292 sq. ft. |
Virginia rent trends
What's the typical rent budget in Virginia?
The largest share of rentals in Virginia (36%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Virginia?
1,099,123 or 33% of the households in Virginia are renter-occupied while 2,266,609 or 67% are owner-occupied.
How Virginia Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,337 | 993 sq. ft. |
| Arizona | $1,571 | 867 sq. ft. |
| Arkansas | $1,155 | 896 sq. ft. |
| California | $2,706 | 854 sq. ft. |
| Colorado | $1,850 | 880 sq. ft. |
| Connecticut | $2,220 | 899 sq. ft. |
| Delaware | $1,739 | 928 sq. ft. |
| District of Columbia | $2,450 | 746 sq. ft. |
| Florida | $1,995 | 987 sq. ft. |
| Georgia | $1,664 | 1,030 sq. ft. |
| Idaho | $1,720 | 933 sq. ft. |
| Illinois | $2,079 | 842 sq. ft. |
| Indiana | $1,355 | 912 sq. ft. |
| Iowa | $1,259 | 901 sq. ft. |
| Kansas | $1,352 | 910 sq. ft. |
| Kentucky | $1,346 | 937 sq. ft. |
| Louisiana | $1,264 | 915 sq. ft. |
| Maine | $2,104 | 833 sq. ft. |
| Maryland | $1,906 | 908 sq. ft. |
| Massachusetts | $2,852 | 881 sq. ft. |
| Michigan | $1,437 | 920 sq. ft. |
| Minnesota | $1,674 | 896 sq. ft. |
| Mississippi | $1,347 | 1,012 sq. ft. |
| Missouri | $1,392 | 904 sq. ft. |
| Montana | $1,812 | 904 sq. ft. |
| Nebraska | $1,375 | 932 sq. ft. |
| Nevada | $1,568 | 912 sq. ft. |
| New Hampshire | $2,214 | 888 sq. ft. |
| New Jersey | $2,471 | 873 sq. ft. |
| New Mexico | $1,444 | 840 sq. ft. |
| New York | $2,721 | 878 sq. ft. |
| North Carolina | $1,576 | 981 sq. ft. |
| North Dakota | $1,237 | 975 sq. ft. |
| Ohio | $1,364 | 903 sq. ft. |
| Oklahoma | $1,090 | 859 sq. ft. |
| Oregon | $1,751 | 844 sq. ft. |
| Pennsylvania | $1,834 | 891 sq. ft. |
| Rhode Island | $2,243 | 918 sq. ft. |
| South Carolina | $1,658 | 1,019 sq. ft. |
| South Dakota | $1,220 | 913 sq. ft. |
| Tennessee | $1,556 | 955 sq. ft. |
| Texas | $1,453 | 894 sq. ft. |
| Utah | $1,678 | 937 sq. ft. |
| Virginia | $2,016 | 925 sq. ft. |
| Washington | $2,055 | 831 sq. ft. |
| Wisconsin | $1,665 | 927 sq. ft. |
Popular Cities in Virginia
- Apartments in Alexandria $2,189
- Apartments in Arlington $2,716
- Apartments in Ashburn $2,480
- Apartments in Blacksburg $2,319
- Apartments in Centreville $2,357
- Apartments in Charlottesville $2,123
- Apartments in Chesapeake $1,839
- Apartments in Chester $1,775
- Apartments in Chesterfield $1,786
- Apartments in Dumfries $2,196
- Apartments in Fairfax $2,365
- Apartments in Falls Church $2,340
- Apartments in Fredericksburg $1,938
- Apartments in Glen Allen $1,900
- Apartments in Hampton $1,580
- Apartments in Harrisonburg $2,240
- Apartments in Henrico $1,622
- Apartments in Herndon $2,359
- Apartments in Hopewell $1,263
- Apartments in Leesburg $2,285
- Apartments in Lorton $2,265
- Apartments in Lynchburg $1,272
- Apartments in Manassas $2,092
- Apartments in Mc Lean $2,760
- Apartments in Mechanicsville $1,780
- Apartments in Midlothian $1,992
- Apartments in Nansemond $1,952
- Apartments in Newport News $1,465
- Apartments in Norfolk $1,651
- Apartments in Petersburg $1,267
- Apartments in Portsmouth $1,415
- Apartments in Radford $1,324
- Apartments in Reston $2,604
- Apartments in Richmond $1,650
- Apartments in Roanoke $1,368
- Apartments in Springfield $2,186
- Apartments in Stafford $2,051
- Apartments in Staunton $1,392
- Apartments in Sterling $2,431
- Apartments in Suffolk $1,878
- Apartments in Vienna $2,462
- Apartments in Virginia Beach $1,836
- Apartments in Winchester $1,647
- Apartments in Woodbridge $2,107
- Apartments in Yorktown $1,864
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Virginia apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.