1200 Acqua Luxury Lifestyle Apartments
1200 Harrison Creek Blvd,
Petersburg, VA 23803
1-2 Beds | $1,305 - 1,595
Rental Market Trends in Petersburg, VA
What is the average rent in Petersburg, VA?
$1,099/month
Average Rent
678 Sq Ft
Average Apartment Size
+1.7%
Increase in the Last Year
As of November 2024, the average rent in Petersburg, VA is $1,099 per month. This is 30% lower than the national average rent of $1,559/month, making renting in Petersburg more affordable than most cities in the US. When you rent an apartment in Petersburg, you can expect to pay about $1,013 per month for a studio, $1,099 for a one-bedroom apartment, and around $1,194 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,640 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 Petersburg, VA?
In the past year, rent has increased by 1.7%, which averages out to $19 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 Petersburg, VA
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
20%
$700 - $1,000/month
73%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Petersburg?
Based on current rent prices, Old Towne Petersburg is the most affordable neighborhood in Petersburg.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Petersburg?
Based on current rent prices, Old Towne Petersburg is the most expensive neighborhood in Petersburg.
Neighborhood
Average Rent
Average Sq Ft
Which Petersburg neighborhoods have the most rentals available?
The neighborhood in Petersburg with the most apartments available is Old Towne Petersburg .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Petersburg, VA?
Because the average rent in Petersburg is $1,099, you’ll want to make about $3,663 per month or $43,956 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 Petersburg, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Petersburg, 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.
Studio
$1,047/month
$1,047/month
One Bedroom
$1,116/month
$1,116/month
Two Bedroom
$1,440/month
$1,440/month
Three Bedroom
$2,677/month
$2,677/month
Nearby City Rent Trends
Apartment communities in Petersburg we think you'll love
Property Management Companies in Petersburg, VA
Greenbrier Management
-
36
Communities
-
4,617
Units
-
15
Cities
5 Communities in Petersburg
Thalhimer
-
14
Communities
-
1,961
Units
-
3
Cities
4 Communities in Petersburg
Advanced Precision Group LLC
-
67
Communities
-
8,065
Units
-
51
Cities
2 Communities in Petersburg
Peak Property Management
-
10
Communities
-
361
Units
-
5
Cities
2 Communities in Petersburg
RPM
-
619
Communities
-
162,635
Units
-
235
Cities
1 Community in Petersburg
Franklin Group
-
121
Communities
-
22,186
Units
-
58
Cities
1 Community in Petersburg
Drucker + Falk
-
148
Communities
-
35,286
Units
-
57
Cities
1 Community in Petersburg
Princeton Management
-
115
Communities
-
19,514
Units
-
57
Cities
1 Community in Petersburg
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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.