Suffolk Borough, VA Rental Market Trends
Highlights
The average rent for an apartment in Suffolk Borough is $1,041, a 7% increase compared to the previous year, when the average rent was $974.
Average Rent in Suffolk Borough, VA
Last updated Feb 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,041 | 7% | 928 sq. ft. |
The average size for a Suffolk Borough, VA apartment is 928 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.
Suffolk Borough, VA Apartment Rent Ranges
- $701-$1,00045%
- $1,001-$1,50053%
- $1,501-$2,0002%
Suffolk Borough, VA Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Feb / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Suffolk Borough, VA | $946 | $952 | $943 | $969 | $972 | $974 | $959 | $959 | $1,041 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
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How Does Suffolk Borough Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Nansemond | $1,356 | 3% |
| Sleepy Hole | $1,356 | 3% |
| Suffolk | $1,213 | 2% |
| Chuckatuck | $1,041 | 7% |
| Suffolk Borough | $1,041 | 7% |
| Cypress | $1,213 | 2% |
| Holy Neck | $1,041 | 7% |
| Whaleyville Borough | $1,041 | 7% |
For more information about the Suffolk Borough rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
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 Suffolk Borough apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.