The Local
230 Spring St,
Winchester, VA 22601
1-4 Beds | $1,700 - 2,400
Rental Market Trends in Winchester, VA
What is the average rent in Winchester, VA?
$1,266/month
Average Rent
714 Sq Ft
Average Apartment Size
+3.7%
Increase in the Last Year
As of November 2024, the average rent in Winchester, VA is $1,266 per month. This is 19% lower than the national average rent of $1,559/month, making renting in Winchester more affordable than most cities in the US. When you rent an apartment in Winchester, you can expect to pay about $1,167 per month for a studio, $1,266 for a one-bedroom apartment, and around $1,487 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,751 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 Winchester, VA?
In the past year, rent has increased by 3.7%, which averages out to $48 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 Winchester, VA
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
22%
$700 - $1,000/month
42%
$1,001 - $1,500/month
28%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Winchester?
Based on current rent prices, Downtown Winchester is the most affordable neighborhood in Winchester.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Winchester?
Based on current rent prices, Downtown Winchester is the most expensive neighborhood in Winchester.
Neighborhood
Average Rent
Average Sq Ft
Which Winchester neighborhoods have the most rentals available?
The neighborhood in Winchester with the most apartments available is Downtown Winchester .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Winchester, VA?
Because the average rent in Winchester is $1,266, you’ll want to make about $4,220 per month or $50,640 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 Winchester, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Winchester, 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
-
-
One Bedroom
$1,352/month
$1,352/month
Two Bedroom
$1,602/month
$1,602/month
Three Bedroom
$1,857/month
$1,857/month
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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.