Average Rent in Virginia

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Current Versus Historical Virginia Rents

Virginia rentals average $2,107 for a studio rental to $2,738 for a 4-bedroom rental. The median price of all currently available listings is $2,503, or roughly $2 per square feet.
For the apartment units and housing in January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $669 (42.17%) year-over-year from $1,586 to $2,255. 1-bedroom rentals prices have increased by $908 (55.07%) year-over-year from $1,648 to $2,556. 2-bedroom rentals prices have increased by $779 (36.73%) year-over-year from $2,121 to $2,900. 3-bedroom rentals prices have increased by $312 (13.05%) year-over-year from $2,388 to $2,700. 4-bedroom rentals prices have increased by $403 (13.46%) year-over-year from $2,997 to $3,400. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 3.65% this month. 1-bedroom rents have gone up by 18.77% this month. 2-bedroom rents have gone up by 8.07% this month. 3-bedroom rents have gone down by 0.61% this month. 4-bedroom rents have gone down by 0.78% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.09 $2,255 $1,586 (42.17%) $2,526 (-10.72%)
1 BR $3.40 $2,556 $1,648 (55.07%) $1,514 (68.79%)
2 BR $2.66 $2,900 $2,121 (36.73%) $2,231 (29.99%)
3 BR $1.46 $2,700 $2,388 (13.05%) $1,915 (40.99%)
4+ BR $1.25 $3,400 $2,997 (13.46%) $2,600 (30.77%)

Historical Rents in Virginia

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Virginia

There are a total of 44 cities nearby Virginia. The average rent in Virginia is currently $2,399 per month. A total of 24 cities nearby have an average rent lower than that. Our records show that Toledo, OH, with an average rent of $825, is the most affordable city nearby. In contrast, the most expensive city near Virginia is Hampton Bays, NY. Monthly rents here are on average $24,500 per month.

Let's compare Virginia's rent against other top cities nearby by bedroom size. Typically, rent for studios in Virginia is 79.24% more expensive than other cities nearby. One bedrooms are about 36.06% more expensive. Two bedrooms in Virginia are about 30.60% more expensive. Finally, rent for three bedrooms are about 5.21% more affordable. Want more information? Check out the top 10 cities out of 44 total cities near Virginia in the following chart.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $825 $1,050 $1,400
Allentown, PA $875 $1,095 $1,550 $1,500
Baltimore, MD N/A $1,375 $1,750 $1,800
Concord, NC N/A $1,000 $1,400 $1,850
Raleigh, NC $2,173 $1,258 $1,650 $1,895
Durham, NC N/A $1,463 $1,650 $1,995
Mooresville, NC N/A $1,400 $1,560 $2,012
Cary, NC N/A $1,561 $1,725 $2,143
Washington, DC $1,995 $2,465 $4,027 $2,495
Arlington, VA $2,158 $2,630 $3,534 $2,687

Top Neighborhoods Near Virginia

There are a total of 78 neighborhoods in or near Virginia. Some of these neighborhoods include North Philadelphia East, North Philadelphia West, and Center City East. We've included the top 30 neighborhoods out of 78 total neighborhoods in or near Virginia in the following chart.

The average rent for these 30 neighborhoods in or near Virginia is currently around $3,425 per month. A total of 15 neighborhoods have a lower average rent. Meaning, only fifteen neighborhoods have a higher average rent than $3,425. Interestingly, the neighborhoods' average rent is higher than Virginia's average rent, which is only $2,503. Out of all the neighborhoods in or near Virginia, Terry Sanford has the most affordable average rent at $1,195 per month. Whereas, at $8,500 average rent per month, Ocean Beach is the most expensive neighborhood in or near Virginia. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Philadelphia East, Philadelphia, PA $1,010 $1,346 $1,700 $1,600
North Philadelphia West, Philadelphia, PA $1,000 $1,495 $1,500 $1,695
Center City East, Philadelphia, PA $1,075 $1,725 $2,898 $2,000
Northern Liberties - Fishtown, Philadelphia, PA $1,459 $1,628 $2,299 $2,250
Lakeview, Chicago, IL $1,555 $1,948 $2,700 $2,303
Near North Side, Chicago, IL $1,785 $2,450 $3,875 $2,830
Flatbush, New York, NY $2,600 $2,785 $3,150 $2,999
Bedford-Stuyvesant, New York, NY $2,500 $3,080 $3,000 $3,200
East Harlem, New York, NY $2,950 $2,836 $2,995 $3,200
Harlem, New York, NY $2,633 $2,850 $3,195 $3,250
Bushwick, New York, NY $2,795 $3,244 $3,300 $3,309
West Harlem, New York, NY $2,425 $2,800 $3,600 $3,395
Murray Hill, New York, NY $3,400 $4,400 $6,500 $4,000
Long Island City, New York, NY $3,300 $3,899 $5,795 $4,029
Upper East Side, New York, NY $3,350 $4,100 $5,620 $4,070
Hell's Kitchen, New York, NY $3,420 $4,000 $5,858 $4,295
Financial District, New York, NY $3,536 $4,550 $6,495 $4,365
East Village, New York, NY $2,778 $3,750 $4,495 $4,400
Upper West Side, New York, NY $3,098 $4,500 $6,948 $4,550
Kips Bay, New York, NY $3,830 $3,995 $5,398 $4,580
Lower East Side, New York, NY $3,413 $3,195 $4,695 $4,695
Williamsburg, New York, NY $3,845 $4,665 $5,600 $4,803
Hudson Yards, New York, NY $3,710 $4,800 $6,999 $4,874
Midtown East, New York, NY $3,498 $4,550 $6,075 $4,973
Midtown, New York, NY $3,675 $4,640 $6,950 $5,000
Chelsea, New York, NY $3,910 $5,579 $7,690 $5,173
West Village, New York, NY $4,900 $5,500 $6,548 $5,500
Greenwich Village, New York, NY $3,465 $5,650 $7,413 $5,650
Gramercy Park, New York, NY $3,750 $5,533 $5,498 $5,700
NoMad, New York, NY $4,444 $5,662 $8,822 $5,722

Top Counties Near Virginia

There are a total of 78 counties located by Virginia. Some of these counties include Cross Creek, Fayetteville, NC, Seventy-First, Fayetteville, NC, and Pittsburgh, PA. The average rent for rentals in these counties is $2,448. That's roughly around $2 per sqft. A total of 22 counties have a lower average rent. The county that is the most affordable is Cross Creek, Fayetteville, NC. It's average rent per month is $1,350. Vice versa, with an average rent of $40,000, Southampton, NY is the most expensive county by Virginia.

Typically, rent for studios in Virginia is 71.94% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Virginia is 31.17% more expensive than other counties nearby. Finally, rent for two bedrooms in Virginia is 29.14% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Cross Creek, Fayetteville, NC N/A $900 $1,015 $1,350
Seventy-First, Fayetteville, NC N/A $800 $1,098 $1,395
Pittsburgh, PA $1,183 $1,323 $1,695 $1,795
Baltimore, MD N/A $1,375 $1,750 $1,800
1, Charlotte, NC $2,500 $1,565 $1,800 $1,995
Raleigh, NC $2,550 $995 $1,775 $1,997
White Oak, NC N/A $1,511 $1,723 $2,200
Washington, DC $1,995 $2,465 $4,027 $2,495
Arlington, VA $2,158 $2,630 $3,534 $2,687
Long Branch, NJ N/A $3,350 $4,250 $4,200

Top Zipcodes Near Virginia

There are a total of 30 zipcodes in or near Virginia. The average rent for all of these zipcodes is $2,383. A total of 21 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 30344, College Park, GA at $1,750 per month. In comparison, the zipcode with the most expensive average rent of $4,877 per month is 10023, New York, NY.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Virginia is $1,600 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,071 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Virginia. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10128, New York, NY $3,350 $4,100 $5,713 $3,799
10023, New York, NY $3,234 $5,000 $8,025 $4,877
19104, Philadelphia, PA $1,195 $2,150 $1,867 $1,950
30318, Atlanta, GA $1,517 $1,605 $2,599 $2,261
30309, Atlanta, GA $1,650 $1,850 $2,757 $2,370
60618, Chicago, IL $1,600 $1,818 $2,395 $2,466
30024, Gwinnett County, GA N/A $1,671 $1,905 $2,600
22201, Arlington, VA $2,172 $2,539 $3,433 $2,662
30328, Sandy Springs, GA $1,425 $1,600 $2,118 $2,118
60615, Chicago, IL $1,235 $1,520 $1,895 $2,100

Frequently Asked Questions - Virginia Average Rents

What is the average rent price in Virginia?
The average monthly rental price for Virginia apartments for rent is approximately $2,503. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Virginia rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Virginia.
How much is a studio apartment in Virginia?
The average monthly rental price for studio apartments is $2,107 and an average price per square feet of $4.09. There are a total of 14 studio apartment listings currently available for rent in Virginia.
How much is a one bedroom apartment in Virginia?
The average monthly rental price for one bedroom apartments is $2,456 and an average price per square feet of $3.40. There are a total of 116 one bedroom apartment listings currently available for rent in Virginia.
How much is a two bedroom apartment in Virginia?
The average monthly rental price for two bedroom apartments is $2,882 and an average price per square feet of $2.66. There are a total of 85 two bedroom apartment listings currently available for rent in Virginia.
How have rent prices in Virginia changed this year?
Rent prices for rentals in Virginia can fluctuate yearly. Specifically, studio rental prices have changed by 0.42%, one bedroom rental prices have changed by 0.55%, two bedroom rental prices have changed by 0.37%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in Virginia?
A reasonable rent price in Virginia is around $2,002/month. You can search for these reasonably priced rental listings on RentHop.
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