Mechanicsville, VA Rental Market Trends
Highlights
The average rent for an apartment in Mechanicsville is $1,266, a 11% increase compared to the previous year, when the average rent was $1,136.
Average Rent in Mechanicsville, VA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,266 | 11% | 954 sq. ft. |
The average size for a Mechanicsville, VA apartment is 954 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.
Mechanicsville, VA Apartment Rent Ranges
- $701-$1,0005%
- $1,001-$1,50086%
- $1,501-$2,0009%
Mechanicsville, VA Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
4,159 or 28% of the households in Mechanicsville, VA are renter-occupied while 10,475 or 71% are owner-occupied.
Mechanicsville, VA Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Mechanicsville, VA | $1,116 | $1,116 | $1,107 | $1,138 | $1,165 | $1,136 | $1,207 | $1,207 | $1,266 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Mechanicsville Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Richmond | $1,196 | 8% |
| Arlington | $1,996 | -11% |
| Alexandria | $1,686 | -4% |
| Newport News | $1,036 | 6% |
| Virginia Beach | $1,300 | 7% |
| Henrico | $1,187 | 5% |
| Glen Allen | $1,398 | 5% |
| Mechanicsville | $1,266 | 11% |
| Ashland | $1,199 | 8% |
| Bellwood | $1,037 | 8% |
| Bensley | $1,053 | 6% |
For more information about the Mechanicsville 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!