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.

What is the average rent in Hopewell?

As of Mar / 2026, the average rent in Hopewell is $1,295 per month, a 6.28% increase from last years average of $1,219.

What is the average apartment size in Hopewell?

The typical apartment in Hopewell offers about 906 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Hopewell, VA Rental Market Trends

Q: What's the typical rent budget in Hopewell?

The typical rent budget in Hopewell ranges from $1,001 to $1,500 per month, with 56% of rentals in this range.

Q: Do most people rent or own in Hopewell?

In Hopewell, 44% of households rent while 56% own their homes, based on the latest U.S. Census data.

Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Hopewell is $1,295, a 6.28% increase compared to the previous year, when the average rent was $1,219.

One-bedroom apartments provide 583 square feet for $1,018, balancing privacy and affordability.

Two-beedroom units at $1,339 offer 954 square feet, perfect for roommates or small families.

Average rent in Hopewell, VA

Last updated: April 23, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,295	906 sq. ft.
Studio	n/a	n/a
1 Bed	$1,018	583 sq. ft.
2 Beds	$1,339	954 sq. ft.
3 Beds	n/a	n/a

Hopewell, VA rent trends

Rental prices in Hopewell, VA have increased by 6.28% over the past year. The average rent moved from $1,219 to $1,295.

What's the typical rent budget in Hopewell, VA?

The largest share of rentals in Hopewell, VA (56%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Hopewell, VA?

4,188 or 44% of the households in Hopewell, VA are renter-occupied while 5,230 or 56% are owner-occupied.

How Hopewell Compares to Other Cities

City	Average Rent
Hopewell	$1,295
Richmond	$1,605
Alexandria	$2,176
Arlington	$2,697
Charlottesville	$2,102
Newport News	$1,435
Virginia Beach	$1,780
Norfolk	$1,608
Woodbridge	$2,081
Henrico	$1,604
Falls Church	$2,307
Midlothian, VA	$1,899
Petersburg, VA	$1,266
Glen Allen, VA	$1,895
Chester, VA	$1,743
Chesterfield, VA	$1,770
Mechanicsville, VA	$1,723
Ashland, VA	$1,846

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 Hopewell 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.