Chester, VA Rental Market Trends
Highlights
The average rent for an apartment in Chester is $1,250, a 5% increase compared to the previous year, when the average rent was $1,188.
Average Rent in Chester, VA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,250 | 5% | 1,038 sq. ft. |
The average size for a Chester, VA apartment is 1,038 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.
Chester, VA Apartment Rent Ranges
- $701-$1,00013%
- $1,001-$1,50077%
- $1,501-$2,0008%
- > $2,0002%
Chester, VA Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
2,434 or 29% of the households in Chester, VA are renter-occupied while 5,698 or 70% are owner-occupied.
Chester, VA Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Jan / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Chester, VA | $1,116 | $1,126 | $1,169 | $1,149 | $1,149 | $1,188 | $1,193 | $1,240 | $1,250 |
| National | $1,350 | $1,382 | $1,385 | $1,388 | $1,423 | $1,431 | $1,434 | $1,469 | $1,474 |
How Chester Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Richmond | $1,111 | 3% |
| Arlington | $2,252 | 4% |
| Newport News | $967 | 3% |
| Alexandria | $1,752 | 3% |
| Virginia Beach | $1,218 | 3% |
| Henrico | $1,129 | 3% |
| Petersburg | $960 | 1% |
| Petersburg City | $960 | 1% |
| Bel Air | $1,243 | 6% |
| Hopewell | $864 | 18% |
| Chester | $1,250 | 5% |
For more information about the Chester rental trends, check out our monthly rent report
Check out Virginia Cities, Virginia Neighborhoods and Virginia Zip Codes for more details on verified listings, including the Virginia Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!