Average Rent in Virginia

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Current Versus Historical Virginia Rents

Virginia rentals average $1,841 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $2 per square feet.
For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $47 (2.69%) year-over-year from $1,753 to $1,800. 1-bedroom rentals prices have increased by $70 (3.93%) year-over-year from $1,780 to $1,850. 2-bedroom rentals prices have increased by $109 (5.07%) year-over-year from $2,156 to $2,265. 3-bedroom rentals prices have increased by $345 (14.35%) year-over-year from $2,405 to $2,750. 4-bedroom rentals prices have increased by $500 (16.67%) year-over-year from $3,000 to $3,500. 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 down by 21.28% this month. 1-bedroom rents have gone down by 13.67% this month. 2-bedroom rents have gone down by 22.93% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 1.08% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.89 $1,800 $1,753 (2.69%) $2,397 (-24.92%)
1 BR $2.72 $1,850 $1,780 (3.93%) $1,714 (7.92%)
2 BR $2.23 $2,265 $2,156 (5.07%) $2,300 (-1.51%)
3 BR $1.73 $2,750 $2,405 (14.35%) $1,853 (48.38%)
4+ BR $1.60 $3,500 $3,000 (16.67%) $2,517 (39.07%)

Historical Rents in Virginia

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Virginia

There are a total of 49 cities nearby Virginia. The average rent in Virginia is currently $2,200 per month. A total of 30 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 $22,000 per month.

Let's compare Virginia's rent against other top cities nearby by bedroom size. Typically, rent for studios in Virginia is 45.67% more expensive than other cities nearby. One bedrooms are about 21.25% more expensive. Two bedrooms in Virginia are about 16.65% more expensive. Finally, rent for three bedrooms are about 8.42% more expensive. Want more information? Check out the top 10 cities out of 49 total cities near Virginia in the following chart.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $825 $1,025 $1,375
Wilmington, DE $1,295 $1,495 $1,823 $1,673
Baltimore, MD $973 $1,250 $1,725 $1,798
Raleigh, NC $1,795 $1,235 $1,690 $1,900
Durham, NC N/A $1,421 $1,650 $1,950
Cary, NC N/A $1,585 $1,773 $2,200
Alexandria, VA $1,725 $2,071 $2,726 $2,450
Arlington, VA $1,936 $2,425 $3,300 $2,648
Washington, DC $1,932 $2,275 $2,995 $2,750
Bethesda, MD $2,200 $2,602 $3,751 $3,600

Top Neighborhoods Near Virginia

There are a total of 101 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 101 total neighborhoods in or near Virginia in the following chart.

The average rent for these 30 neighborhoods in or near Virginia is currently around $3,200 per month. A total of 35 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is higher than Virginia's average rent, which is only $2,600. Out of all the neighborhoods in or near Virginia, Terry Sanford has the most affordable average rent at $1,200 per month. Whereas, at $12,000 average rent per month, SoHo 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 $1,236 $1,400 $1,700 $1,624
North Philadelphia West, Philadelphia, PA $1,100 $1,395 $1,500 $1,650
Center City East, Philadelphia, PA $1,128 $1,903 $2,800 $2,095
Northern Liberties - Fishtown, Philadelphia, PA $1,400 $1,715 $2,450 $2,100
Lakeview, Chicago, IL $1,595 $1,900 $2,798 $2,439
Near North Side, Chicago, IL $1,785 $2,400 $3,798 $2,900
Flatbush, New York, NY $2,550 $2,715 $3,099 $2,950
East Harlem, New York, NY $2,525 $2,900 $2,999 $3,195
Bedford-Stuyvesant, New York, NY $2,500 $2,857 $3,100 $3,200
Bushwick, New York, NY $2,795 $2,900 $3,300 $3,300
Harlem, New York, NY $2,600 $2,850 $3,100 $3,395
West Harlem, New York, NY $2,550 $2,850 $2,995 $3,500
Long Island City, New York, NY $3,280 $3,751 $5,750 $3,900
Murray Hill, New York, NY $3,325 $4,150 $6,300 $3,900
Upper East Side, New York, NY $3,350 $4,095 $5,000 $4,000
Hell's Kitchen, New York, NY $3,440 $4,061 $5,178 $4,180
Financial District, New York, NY $3,483 $4,450 $6,094 $4,225
Kips Bay, New York, NY $3,640 $4,179 $5,500 $4,495
East Village, New York, NY $2,895 $3,850 $4,495 $4,495
Midtown East, New York, NY $3,325 $4,500 $6,075 $4,525
Hudson Yards, New York, NY $3,490 $4,495 $6,500 $4,624
Williamsburg, New York, NY $3,822 $4,661 $4,931 $4,700
Lower East Side, New York, NY $3,413 $4,623 $4,750 $4,750
Upper West Side, New York, NY $3,000 $4,450 $6,915 $4,831
West Village, New York, NY $4,600 $4,950 $6,650 $4,950
Greenwich Village, New York, NY $4,000 $6,150 $5,980 $5,188
Midtown, New York, NY $3,625 $4,382 $6,750 $5,265
Chelsea, New York, NY $3,825 $5,490 $7,500 $5,292
Gramercy Park, New York, NY $3,750 $5,313 $5,057 $5,295
NoMad, New York, NY $4,309 $5,686 $8,144 $5,685

Top Counties Near Virginia

There are a total of 101 counties located by Virginia. Some of these counties include Cross Creek, Fayetteville, NC, Baltimore, MD, and Raleigh, NC. The average rent for rentals in these counties is $2,475. That's roughly around $2 per sqft. A total of 26 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 $1,298. Vice versa, with an average rent of $35,000, Southampton, NY is the most expensive county by Virginia.

Typically, rent for studios in Virginia is 49.13% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Virginia is 12.80% more expensive than other counties nearby. Finally, rent for two bedrooms in Virginia is 5.21% 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 $800 $995 $1,298
Baltimore, MD $973 $1,250 $1,725 $1,798
Raleigh, NC $2,600 $1,225 $1,800 $2,000
White Oak, NC N/A $1,511 $1,673 $2,200
Alexandria, VA $1,725 $2,071 $2,726 $2,450
Arlington, VA $1,936 $2,425 $3,300 $2,648
Providence, VA N/A $2,200 $2,500 $2,750
Washington, DC $1,932 $2,275 $2,995 $2,750
Dulles, VA N/A $1,550 $2,600 $3,200
7, MD $2,074 $2,593 $3,741 $3,620

Top Zipcodes Near Virginia

There are a total of 40 zipcodes in or near Virginia. The average rent for all of these zipcodes is $2,223. A total of 32 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19131, Philadelphia, PA at $1,450 per month. In comparison, the zipcode with the most expensive average rent of $4,660 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 $1,608 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,031 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 $4,149 $5,628 $3,950
10023, New York, NY $3,000 $4,498 $8,100 $4,660
19104, Philadelphia, PA $1,195 $1,575 $1,796 $1,796
30318, Atlanta, GA $1,500 $1,605 $2,268 $2,425
30309, Atlanta, GA $1,364 $1,856 $2,765 $2,300
60618, Chicago, IL $1,695 $1,700 $1,995 $2,048
19128, Philadelphia, PA $1,363 $1,550 $1,698 $1,625
30024, Gwinnett County, GA N/A $1,503 $1,878 $2,698
19144, Philadelphia, PA $985 $1,637 $1,604 $1,675
22201, Arlington, VA $1,859 $2,419 $3,397 $2,503

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 $2,600. 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 $1,841 and an average price per square feet of $3.89. There are a total of 46 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 $2,000 and an average price per square feet of $2.72. There are a total of 343 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 $2,400 and an average price per square feet of $2.23. There are a total of 518 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 0.03%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in Virginia?
A reasonable rent price in Virginia is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.
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