Madison Ironbridge
11750 Alliance Cir,
Chester, VA 23831
Studio | Call for Rent
Rental Market Trends in Chesterfield, VA
What is the average rent in Chesterfield, VA?
$1,473/month
Average Rent
707 Sq Ft
Average Apartment Size
+3.9%
Increase in the Last Year
As of November 2024, the average rent in Chesterfield, VA is $1,473 per month. For comparison, the national average rent price in the US is currently $1,559/month, which means Chesterfield rent prices are 6% lower than the national average. When you rent an apartment in Chesterfield, you can expect to pay about $1,371 per month for a studio, $1,473 for a one-bedroom apartment, and around $1,711 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,948 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Chesterfield, VA?
In the past year, rent has increased by 3.9%, which averages out to $58 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Chesterfield, VA
Last Updated November 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
100%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Chesterfield, VA?
Because the average rent in Chesterfield is $1,473, you’ll want to make about $4,910 per month or $58,920 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Chesterfield, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Chesterfield, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Property Management Companies in Chesterfield, VA
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138
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77
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140
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70,877
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UDR
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168
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57,718
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Drucker + Falk
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149
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35,520
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57
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Kushner Companies
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67
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20,241
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51
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1 Community in Chesterfield
Vest Residential
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67
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15,812
Units
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39
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1 Community in Chesterfield
AION Management
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60
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19,457
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38
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1 Community in Chesterfield
Weinstein Properties
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62
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20,777
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Methodology
† 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.
* Percentages may not total 100 due to rounding.