Hampton, VA Rental Market Trends

Highlights

The average rent for an apartment in Hampton is $1,058, a 5% increase compared to the previous year.

Average Rent in Hampton, VA

Last updated October 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,058	5%	956 sq. ft.

The average size for a Hampton, VA apartment is 956 square feet, but this number varies greatly depending on apartment type. 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.

Hampton, VA Apartment Rent Ranges

$501-$7002%
$701-$1,00044%
$1,001-$1,50051%
$1,501-$2,0003%

Hampton, VA Occupied Housing Units

Renter-occupied Households39%
Owner-occupied Households60%

21,203 or 39% of the households in Hampton, VA are renter-occupied while 32,352 or 60% are owner-occupied.

Hampton, VA Rent Trends

Average Rent	Nov / 2016	Mar / 2017	Jul / 2017	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Oct / 2019
Hampton, VA	$970	$980	$999	$999	$988	$1,005	$1,012	$1,032	$1,043	$1,058
National	$1,353	$1,349	$1,381	$1,383	$1,386	$1,421	$1,430	$1,434	$1,470	$1,476

Average Rent in Hampton, VA By Neighborhood

Neighborhood	Average Rent
Greater Wythe	$768
Copeland Industrial Park	$768
Silver Isles	$914
Salt Ponds	$914
Grandview	$914
Colonial Acres	$914
Buckroe Beach	$914
Willow Oaks	$957
Victoria Boulevard Historic District	$957
Town Park	$957
Pasture Point	$957
Olde Hampton	$957
Marina Cove	$957
Langley View	$957
King's Square - Old North Hampton	$957
Howe Farms	$957
Grist Mill	$957
Foxbridge	$957
Crowne Pointe	$957
Back River	$957
Acorn Point - Cedar Point	$957
Fordham	$957
Hampton University	$961
Elizabeth Lake Estates	$961
East Hampton	$961
Phoebus Historic District	$1,012
Sanlun Lakes	$1,035
Roberts Trace	$1,047
Briarfield	$1,047
Newmarket Creek	$1,062
West Park	$1,104
Tidemill Farms	$1,104
Riverdale	$1,104
Michael's Woods	$1,104
Langley AFB	$1,104
Lakehaven - Lakeview Point	$1,104
Hamptons Golf Course	$1,104
Hampton Woods	$1,104
Forrest Park	$1,104
Farmington	$1,104
Coliseum Central	$1,104
Central Park	$1,104
Bethel Park	$1,104
Bellgrade	$1,104
Baker Farm - Drummonds Corner	$1,104
Armistead Pointe	$1,104
Aberdeen Gardens - Power Plant	$1,104

The most affordable neighborhoods in Hampton are Copeland Industrial Park, where the average rent goes for $768/month, Greater Wythe, where renters pay $768/mo on average, and Buckroe Beach, where the average rent goes for $914/mo. If you’re looking for other great deals, check out the listings from Colonial Acres ($914), Grandview ($914), and Salt Ponds ($914), where the asking prices are below the average Hampton rent of $1,058/mo.

The most expensive neighborhoods in Hampton are Riverdale ($1,104), Tidemill Farms ($1,104) and West Park ($1,104).

Hampton | Rent Comparison by Neighborhood

Rent in Aberdeen Gardens - Power Plant is 15% higher than in Acorn Point - Cedar Point

$1,104

Aberdeen Gardens - Power Plant rent is 4% higher than Hampton average

Average Rent	$1,104

$957

Acorn Point - Cedar Point rent is 10% lower than Hampton average

Average Rent	$957

How Does Hampton Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Richmond	$1,115	4%
Virginia Beach	$1,217	3%
Hampton	$1,058	5%
Chesapeake	$1,241	3%
Suffolk	$1,251	3%
Williamsburg City	$1,142	8%

For more information about the Hampton rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Hampton apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.