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?
$1,096/month
Average Rent
670 Sq Ft
Average Apartment Size
-0.6%
Decrease in the Last Year
As of January 2025, the average rent in Petersburg, VA is $1,096 per month. This is 29% lower than the national average rent of $1,552/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 $1,043 per month for a studio, $1,096 for a one-bedroom apartment, and around $1,196 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,615 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 decreased by 0.6%, which averages out to $6 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Petersburg, VA
Last Updated January 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
18%
$700 - $1,000/month
76%
$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 $1,096, you’ll want to make about $3,653 per month or $43,836 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
$1,081/month
$1,081/month
One Bedroom
$1,113/month
$1,113/month
Two Bedroom
$1,442/month
$1,442/month
Three Bedroom
$2,668/month
$2,668/month
Nearby City Rent Trends
Apartment communities in Petersburg we think you'll love
Property Management Companies in Petersburg, VA
Greenbrier Management
-
36
Communities
-
4,562
Units
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15
Cities
5 Communities in Petersburg
Thalhimer
-
23
Communities
-
3,198
Units
-
10
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
-
620
Communities
-
163,426
Units
-
236
Cities
1 Community in Petersburg
Princeton Management
-
115
Communities
-
19,514
Units
-
57
Cities
1 Community in Petersburg
Drucker + Falk
-
147
Communities
-
35,133
Units
-
56
Cities
1 Community in Petersburg
Beachwold Residential
-
51
Communities
-
13,133
Units
-
36
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.