Hopewell, VA Rental Market Trends

What is the average rent in Hopewell?

The average rent for an apartment in Hopewell is $1,153. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Hopewell, VA

Last updated November 2024

Average Rent	Average Apartment Size
$1,153	906 sq. ft.

What is the average apartment size in Hopewell?

The average size for a Hopewell, VA apartment is 906 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.

Hopewell, VA apartment rent ranges

Hopewell, VA Occupied Housing Units

4,341 or 46% of the households in Hopewell, VA are renter-occupied while 5,007 or 54% are owner-occupied.

Hopewell, VA rent trends

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How Hopewell Compares to Other Cities

State	Average Rent
Richmond	$1,558
Arlington	$2,642
Charlottesville	$2,006
Virginia Beach	$1,696
Alexandria	$2,204
Newport News	$1,380
Norfolk	$1,436
Henrico	$1,564
Chesapeake	$1,676
Woodbridge	$2,011
Midlothian	$1,771
Glen Allen	$1,721
Petersburg	$1,310
Chesterfield	$1,642
Chester	$1,701
Hopewell	$1,153
Mechanicsville	$1,664
Prince George	$1,334
Colonial Heights	$1,270
Fort Eustis	$1,333

What is the average price for a storage unit in Hopewell?

The average rent for a non-climate-controlled 10'x10' storage unit in Hopewell is $114.95. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.