Average Rent in Albemarle, VA

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Current Versus Historical Albemarle, VA Rents

Albemarle rentals average $0 for a 1-bedroom rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $2,700, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $467 (55.97%) year-over-year from $834 to $1,300. 1-bedroom rentals prices have increased by $63 (4.67%) year-over-year from $1,338 to $1,400. 2-bedroom rentals prices have increased by $132 (8.24%) year-over-year from $1,603 to $1,736. 3-bedroom rentals prices have increased by $310 (14.84%) year-over-year from $2,090 to $2,400. 4-bedroom rentals prices have increased by $118 (4.20%) year-over-year from $2,807 to $2,925. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 6.48% this month. 1-bedroom rents have gone up by 6.46% this month. 2-bedroom rents have gone down by 0.74% this month. 3-bedroom rents have gone up by 2.86% this month. 4-bedroom rents have gone down by 3.05% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.47 $1,736 $1,603 (8.24%) $1,394 (24.48%)
3 BR $1.39 $2,400 $2,090 (14.84%) $1,798 (33.46%)
4+ BR $1.30 $2,925 $2,807 (4.20%) $2,242 (30.46%)

Historical Rents in Albemarle, VA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Albemarle



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Top Neighborhoods Near Albemarle



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Top Counties Near Albemarle



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Top Zipcodes Near Albemarle



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Frequently Asked Questions - Albemarle Average Rents

What is the average rent price in Albemarle, VA?
The average monthly rental price for Albemarle, VA apartments for rent is approximately $2,700. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Albemarle, VA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Albemarle, VA.
How much is a studio apartment in Albemarle, VA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Albemarle.
How much is a one bedroom apartment in Albemarle, VA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Albemarle.
How much is a two bedroom apartment in Albemarle, VA?
The average monthly rental price for two bedroom apartments is $1,528 and an average price per square feet of $1.47. There are a total of 4 two bedroom apartment listings currently available for rent in Albemarle.
How have rent prices in Albemarle, VA changed this year?
Rent prices for rentals in Albemarle, VA can fluctuate yearly. Specifically, studio rental prices have changed by 0.56%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.15% year-over-year.
What is a reasonable rent price in Albemarle, VA?
A reasonable rent price in Albemarle, VA is around $2,160/month. You can search for these reasonably priced rental listings on RentHop.
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