Virginia Rental Market Trends

Q: What are the most affordable cities in Virginia?

The most affordable cities in Virginia are Hopewell , where the average rent goes for $1,169/month, Colonial Heights , where renters pay $1,267/mo on average, and Sandston , where the average rent goes for $1,268/mo. If you’re looking for other great deals, check out the listings from Franklin ($1,278), Smithfield ($1,288), and Portsmouth ($1,305), where the asking prices are below the average Virginia rent of $1,956/mo.

Q: What are the most popular cities in Virginia?

The most popular city in Virginia is Richmond , where there are 141 listings with an average rent of $1,531. Next up is Arlington , where apartments go for $2,623/month, followed by Alexandria with $2,192 If you’re looking to rent in Virginia’s most popular cities, make sure to also check out Newport News , where renters pay $1,379 on average, and Norfolk , where the average monthly rent is $1,439.

What is the average rent in Virginia?

The average rent for an apartment in Virginia is $1,956. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Virginia

Last updated July 2024

Average Rent	Average Apartment Size
$1,956	920 sq. ft.

What is the average apartment size in Virginia?

The average size for a Virginia apartment is 920 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Virginia apartment rent ranges

Virginia Occupied Housing Units

1,083,561 or 33% of the households in Virginia are renter-occupied while 2,164,967 or 67% are owner-occupied.

Virginia rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Virginia By City

City	Average Rent
Gainesville	$2,691
Bridgewater	$2,639
Mc Lean	$2,634
Arlington	$2,623
Reston	$2,552
Chantilly	$2,538
Ashburn	$2,465
Vienna	$2,446
Sterling	$2,424
Burke	$2,408
Fairfax	$2,390
Centreville	$2,375
Herndon	$2,360
Leesburg	$2,290
Lorton	$2,256
Falls Church	$2,215
Alexandria	$2,192
Springfield	$2,154
Fort Belvoir	$2,149
Harrisonburg	$2,131
Annandale	$2,120
Manassas	$2,054
Stafford	$2,041
Blacksburg	$2,038
Dumfries	$2,026
Charlottesville	$2,025
Woodbridge	$2,024
Fredericksburg	$1,850
Nansemond	$1,790
Sleepy Hole	$1,790
Yorktown	$1,752
Midlothian	$1,747
Spotsylvania	$1,723
Williamsburg City	$1,722
Glen Allen	$1,718
Moseley	$1,714
Cypress	$1,708
Suffolk	$1,708
Mechanicsville	$1,684
Virginia Beach	$1,682
Carrollton	$1,673
Chester	$1,668
Chesapeake	$1,665
Ashland	$1,660
Chesterfield	$1,651
Christiansburg	$1,576
Triangle	$1,553
Chuckatuck	$1,544
Holy Neck	$1,544
Whaleyville	$1,544
Henrico	$1,541
Richmond	$1,531
Hampton	$1,463
Norfolk	$1,439
Newport News	$1,379
Poquoson	$1,372
Prince George	$1,334
Fort Eustis	$1,331
Petersburg	$1,312
Portsmouth	$1,305
Smithfield	$1,288
Franklin	$1,278
Sandston	$1,268
Colonial Heights	$1,267
Hopewell	$1,169

What are the most affordable cities in Virginia?

The most affordable cities in Virginia are Hopewell, where the average rent goes for $1,169/month, Colonial Heights, where renters pay $1,267/mo on average, and Sandston, where the average rent goes for $1,268/mo. If you’re looking for other great deals, check out the listings from Franklin ($1,278), Smithfield ($1,288), and Portsmouth ($1,305), where the asking prices are below the average Virginia rent of $1,956/mo.

What are the most expensive cities in Virginia?

The most expensive cities in Virginia are Mc Lean ($2,634), Bridgewater ($2,639) and Gainesville ($2,691).

What are the most popular cities in Virginia?

The most popular city in Virginia is Richmond, where there are 141 listings with an average rent of $1,531. Next up is Arlington, where apartments go for $2,623/month, followed by Alexandria with $2,192 If you’re looking to rent in Virginia’s most popular cities, make sure to also check out Newport News, where renters pay $1,379 on average, and Norfolk, where the average monthly rent is $1,439.

Virginia | Rent Comparison by City

Rent in Alexandria is 3% higher than in Annandale

$2,192

Alexandria rent is 12% higher than Virginia average

Average Rent $2,192

$2,120

Annandale rent is 8% higher than Virginia average

Average Rent $2,120

How Virginia Compares to Other States

State	Average Rent	Average Apartment Size
Alabama	$1,289	985 sq. ft.
Alaska	$1,483	704 sq. ft.
Arizona	$1,582	847 sq. ft.
Arkansas	$1,080	894 sq. ft.
California	$2,555	852 sq. ft.
Colorado	$1,914	871 sq. ft.
Connecticut	$1,992	892 sq. ft.
Delaware	$1,627	909 sq. ft.
District of Columbia	$2,441	748 sq. ft.
Florida	$1,955	971 sq. ft.
Georgia	$1,606	1,016 sq. ft.
Hawaii	$2,677	845 sq. ft.
Idaho	$1,593	913 sq. ft.
Illinois	$1,940	836 sq. ft.
Indiana	$1,276	903 sq. ft.
Iowa	$1,209	893 sq. ft.
Kansas	$1,227	903 sq. ft.
Kentucky	$1,278	930 sq. ft.
Louisiana	$1,218	915 sq. ft.
Maine	$1,947	842 sq. ft.
Maryland	$1,841	903 sq. ft.
Massachusetts	$2,819	890 sq. ft.
Michigan	$1,324	916 sq. ft.
Minnesota	$1,537	887 sq. ft.
Mississippi	$1,304	1,015 sq. ft.
Missouri	$1,273	899 sq. ft.
Montana	$1,584	869 sq. ft.
Nebraska	$1,261	933 sq. ft.
Nevada	$1,526	900 sq. ft.
New Hampshire	$2,070	882 sq. ft.
New Jersey	$2,267	856 sq. ft.
New Mexico	$1,353	829 sq. ft.
New York	$2,722	842 sq. ft.
North Carolina	$1,528	963 sq. ft.
North Dakota	$1,057	957 sq. ft.
Ohio	$1,261	896 sq. ft.
Oklahoma	$1,019	856 sq. ft.
Oregon	$1,748	852 sq. ft.
Pennsylvania	$1,696	888 sq. ft.
Rhode Island	$2,084	927 sq. ft.
South Carolina	$1,590	1,002 sq. ft.
South Dakota	$1,127	901 sq. ft.
Tennessee	$1,487	949 sq. ft.
Texas	$1,447	881 sq. ft.
Utah	$1,612	920 sq. ft.
Vermont	$2,107	813 sq. ft.
Virginia	$1,956	920 sq. ft.
Washington	$2,028	835 sq. ft.
West Virginia	$1,282	989 sq. ft.
Wisconsin	$1,525	903 sq. ft.
Wyoming	$1,185	877 sq. ft.