Average Rent in Virginia: $1,684/mo (2026)

Find fair market rent prices for 2 major metro areas in Virginia. The average 2-bedroom rent across the state is $1,684/mo.

$1,467
Avg. Studio
$1,510
Avg. 1BR
$1,684
Avg. 2BR
$2,224
Avg. 3BR
2
Cities Tracked
$1,655
Lowest 2BR Rent
$1,713
Highest 2BR Rent

Major Cities in Virginia

Sorted by 2-bedroom rent price (highest to lowest)

1
Virginia Beach, VA
Studio: $1,492 | 1BR: $1,512 | 3BR: $2,376
$1,713/mo2BR
2
Richmond, VA
Studio: $1,442 | 1BR: $1,507 | 3BR: $2,072
$1,655/mo2BR

Explore Virginia Rent Data

Browse detailed rent prices for cities across Virginia. Each city page includes neighborhood breakdowns, rent trends, and local market insights.

Virginia Beach Rent PricesRichmond Rent Prices

Virginia Rental Market Overview

The fair market rent (FMR) data for Virginia is published annually by the U.S. Department of Housing and Urban Development (HUD). These figures represent the 40th percentile of gross rents for standard quality rental housing in each metro area.

Virginia has 2 major metropolitan areas tracked in our database. The most expensive city for renters is Virginia Beach, VA with an average 2-bedroom rent of $1,713/mo, while the most affordable is Richmond, VA at $1,655/mo.

What Affects Rent Prices in Virginia?

  • Location: Proximity to employment centers and urban amenities significantly impacts rent prices across Virginia metros.
  • Local Economy: Job growth and industry presence drive rental demand. Strong employment markets typically have higher rents.
  • Housing Supply: Areas with new construction tend to have more rental options and potentially competitive pricing.
  • Schools: Quality school districts command premium rents, especially for family-sized apartments.
  • Transportation: Access to highways and public transit affects neighborhood desirability and pricing.

Frequently Asked Questions About Virginia Rent

What is the average rent in Virginia?

The average rent in Virginia is $1,684 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,655 in Richmond to $1,713 in Virginia Beach.

What is the cheapest city to rent in Virginia?

Richmond, VA offers the most affordable rent among major Virginia metros at $1,655/month for a 2-bedroom apartment. Studios in Richmond average $1,442/month.

What is the most expensive city to rent in Virginia?

Virginia Beach, VA has the highest rents in Virginia at $1,713/month for a 2-bedroom apartment. This is $29 above the state average.

How much do I need to earn to rent in Virginia?

To comfortably afford the average Virginia 2-bedroom at $1,684/month, you would need an annual income of approximately $67,360 (based on the 30% of income guideline). For the most affordable areas, you would need about $66,200/year.

Is Virginia affordable for renters?

Virginia offers moderate rental costs, with average 2-bedroom rents at $1,684/month. Some cities offer excellent value while others command premium prices.