Old Towne Petersburg

Petersburg, VA

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Old Towne Petersburg - Petersburg, VA

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A historic display of architecture that’s become a lively entertainment district

Historic Architecture Restaurants Shopping

Old Towne Petersburg displays incredible historical architecture from the 18th and 19th centuries in the heart of Petersburg. This significant locale is an inviting culinary and shopping destination, with almost all of its restaurants and shops in historic structures. There’s several locally owned restaurants that offer Italian, Greek, Latin American, Southern cuisine and more. Old Towne also boasts approximately a dozen antique shops, primarily on West Old and North Sycamore Streets, but also on North Market, Bollingbrook, and West Bank Streets.

Old Towne’s location along the Appomattox River puts residents close to waterfront dining options and walking trails. You’ll find newly renovated apartments in long-standing buildings all with a unique charm, and with U.S. Highway 301 and Interstate 95 so close, you can be in any of the surrounding communities in no time.

Rent Trends

As of March 2025, the average apartment rent in Old Towne Petersburg is $1,044 for a studio, $1,106 for one bedroom, $1,406 for two bedrooms, and $2,420 for three bedrooms. Apartment rent in Old Towne Petersburg has decreased by -1.4% in the past year.

  • Studio

  • 532 sq ft

    Average Sq Ft

  • $1,044/month

    Average Rent

  • 1 BR

  • 640 sq ft

    Average Sq Ft

  • $1,106/month

    Average Rent

  • 2 BR

  • 1,040 sq ft

    Average Sq Ft

  • $1,406/month

    Average Rent

  • 3 BR

  • 2,024 sq ft

    Average Sq Ft

  • $2,420/month

    Average Rent

Transportation

76

Very Walkable

out of 100 WalkScore® Rating

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

46

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Points of Interest

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.