Apartments for Rent in Petersburg, VA

Prices and availability in Petersburg, VA were last updated on 29 Sep 2026.

The best apartments in Petersburg, VA are: Mayton Transfer Lofts, The Residences at Southern Oaks, Addison Crater Woods, 1200 Acqua Luxury Lifestyle Apartments and Dunlop Street Lofts.

The average rent in Petersburg, VA is $1,310.

The price range for a studio apartment in Petersburg, VA is between $1,045 and $2,542.

The price range for a 1-bedroom apartment in Petersburg, VA is between $895 and $1,640.

The price range for a 2-bedroom apartment in Petersburg, VA is between $940 and $2,572.

The price range for a 3-bedroom apartment in Petersburg, VA is between $1,045 and $2,542.

In Petersburg 61% of the housing is rented out compared to 39% of homes are owned, according to the most recent Census Bureau estimates. 16% of Petersburg's apartments are found in large buildings of 50 units or more, 59% are located in smaller apartment complexes with less than 50 units, and 24% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Petersburg are about 43 years old, on average. Of these, 26% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 92% of the rental communities here are low-rise, garden-style communities, 7% are mid-rises, and 2% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Petersburg come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 24% of the total apartments in the city, while 2-bedroom floorplans represent around 63% of all rentals in Petersburg. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.