Average Rent Prices in Virginia (VA)
$8701
Studio
$8941
1BR
$1,0781
2BR
$1,4181
3BR
$1,7061
4BR
As of 2023, the overall average fair market rent for a residential rental property in Virginia is $1,193. Average rent prices in Virginia sit just below the national average rent of $1,274, in which Virginia ranks as the 21st highest rent among all 50 states and the 30th lowest rent among all 50 states within the United States. In Virginia’s large metropolitan areas such as Chesapeake, VA, the average rent prices tend to be higher, while alternative areas such as Suffolk, VA, can provide more affordable options.
Virginia (VA) National Rent Rankings
21st
Highest Rent Among 50 States
30th
Lowest Rent Among 50 States
Below
The National Rent Average
Average Rent Prices in Virginia (VA) Visual Chart
Studio
A one-room unit with a private bathroom.
1BR
A unit that has a separate bathroom and a separate bedroom.
2BR
A unit that has two separate and distinct bedrooms.
3BR
A unit that has 3 separate and distinct bedrooms.
4BR
A unit that has 4 separate and distinct bedrooms.
Fair Market Rent
Gross rent estimate for a standard rental unit in a given market.
Average Rent Prices in Virginia (VA) by Metro Area
| wdt_ID | Metro | Studio | 1BR | 2BR | 3BR | 4Br |
|---|---|---|---|---|---|---|
| 1 | Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area | 827 | 860 | 1.051 | 1.469 | 1.790 |
| 2 | Charlottesville, VA MSA | 1.165 | 1.172 | 1.401 | 1.742 | 2.159 |
| 3 | Culpeper County, VA HUD Metro FMR Area | 863 | 869 | 1.144 | 1.485 | 1.851 |
| 4 | Franklin County, VA HUD Metro FMR Area | 681 | 690 | 908 | 1.105 | 1.242 |
| 5 | Giles County, VA HUD Metro FMR Area | 665 | 702 | 793 | 1.069 | 1.101 |
| 6 | Harrisonburg, VA MSA | 775 | 780 | 1.027 | 1.366 | 1.749 |
| 7 | King and Queen County, VA HUD Metro FMR Area | 781 | 799 | 902 | 1.282 | 1.419 |
| 8 | Kingsport-Bristol-Bristol, TN-VA MSA | 583 | 627 | 793 | 1.041 | 1.170 |
| 9 | Lynchburg, VA MSA | 805 | 819 | 930 | 1.264 | 1.393 |
| 10 | Madison County, VA HUD Metro FMR Area | 743 | 748 | 984 | 1.225 | 1.462 |
| 11 | Pulaski County, VA HUD Metro FMR Area | 665 | 702 | 793 | 1.103 | 1.351 |
| 12 | Rappahannock County, VA HUD Metro FMR Area | 940 | 946 | 1.096 | 1.381 | 1.628 |
| 13 | Richmond, VA MSA | 1.157 | 1.183 | 1.336 | 1.727 | 2.100 |
| 14 | Roanoke, VA HUD Metro FMR Area | 723 | 803 | 990 | 1.358 | 1.533 |
| 15 | Southampton County-Franklin city, VA HUD Metro FMR Area | 804 | 817 | 953 | 1.244 | 1.623 |
| 16 | Staunton-Waynesboro, VA MSA | 824 | 829 | 989 | 1.380 | 1.685 |
| 17 | Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area | 1.116 | 1.137 | 1.329 | 1.857 | 2.264 |
| 18 | Warren County, VA HUD Metro FMR Area | 805 | 811 | 1.067 | 1.412 | 1.817 |
| 19 | Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area | 1.589 | 1.615 | 1.838 | 2.299 | 2.742 |
| 20 | Winchester, VA-WV MSA | 879 | 962 | 1.227 | 1.547 | 2.037 |
| Metro | Studio | 1BR | 2BR | 3BR | 4Br |
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2023.
Virginia (VA) Residential Rental Agreements
A Virginia (VA) residential lease agreement is a rental property document that includes the terms and conditions between a landlord who rents the property and the tenant in the state of Virginia. The contract outlines essential information, such as rent amount, applicable late fees, grace periods, and landlord-tenant responsibilities.
Average Rent Prices in Other US States 2023
Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:
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1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Methodology
Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.
Data
Rent prices are based on aggregated data from one and/or several sources noted below:
Disclaimer
The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.