Average Rent in Hampton, VA

Current Versus Historical Hampton, VA Rents

Hampton rentals average $1,050 for a 1-bedroom rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,495, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $2,141 (-99.35%) year-over-year from $2,155 to $14. 1-bedroom rentals prices have decreased by $143 (-12.27%) year-over-year from $1,168 to $1,025. 2-bedroom rentals prices have increased by $60 (4.48%) year-over-year from $1,340 to $1,400. 3-bedroom rentals prices have decreased by $83 (-5.10%) year-over-year from $1,633 to $1,550. 4-bedroom rentals prices have increased by $468 (21.97%) year-over-year from $2,132 to $2,600. 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 down by 97.47% this month. 1-bedroom rents have gone down by 13.87% this month. 2-bedroom rents have gone down by 4.52% this month. 3-bedroom rents have gone down by 5.10% this month. 4-bedroom rents have gone up by 2.63% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.38	$1,025	$1,168 (-12.27%)	$907 (13.05%)
2 BR	$1.26	$1,400	$1,340 (4.48%)	$1,253 (11.75%)
3 BR	$1.32	$1,550	$1,633 (-5.10%)	$1,313 (18.10%)
4+ BR	$1.10	$2,600	$2,132 (21.97%)	$1,941 (33.96%)

Historical Rents in Hampton, VA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Hampton

There are a total of 3 cities nearby Hampton. The average rent in Hampton is currently $1,500 per month. Only one city nearby has an average rent lower than that. Our records show that Portsmouth, VA, with an average rent of $1,450, is the most affordable city nearby. In contrast, the most expensive city near Hampton, VA is Virginia Beach, VA. Monthly rents here are on average $2,200 per month.

Let's compare Hampton, VA's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Hampton, VA are about 7.14% more expensive. Finally, rent for three bedrooms are about 26.67% more affordable. Want more information? Check out the top 3 cities near Hampton, VA in the following chart.

City	Studio	1 Bed	2 Bed	All
Portsmouth, VA	N/A	$1,050	$1,263	$1,450
Norfolk, VA	N/A	$1,050	$1,300	$1,500
Virginia Beach, VA	N/A	$1,600	$1,750	$2,200

Top Neighborhoods Near Hampton

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Hampton

Some of these counties include Portsmouth, VA, Norfolk, VA, and Virginia Beach, VA. The average rent for rentals in these counties is $1,500. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Portsmouth, VA. It's average rent per month is $1,450. Vice versa, with an average rent of $2,200, Virginia Beach, VA is the most expensive county by Hampton, VA.

In comparison, rent for one bedroom listings in Hampton, VA is on par with the other counties nearby. Finally, rent for two bedrooms in Hampton, VA is 7.14% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Portsmouth, VA	N/A	$1,050	$1,263	$1,450
Norfolk, VA	N/A	$1,050	$1,300	$1,500
Virginia Beach, VA	N/A	$1,600	$1,750	$2,200

Top Zipcodes Near Hampton

There is one zipcode in or near Hampton, VA. The average rent for this zipcode is $1,350.

The following chart includes the zipcode in or near Hampton, VA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
23503, Norfolk, VA	N/A	$1,050	$1,300	$1,350

Frequently Asked Questions - Hampton Average Rents

What is the average rent price in Hampton, VA?

The average monthly rental price for Hampton, VA apartments for rent is approximately $1,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Hampton, 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 Hampton, VA.

How much is a studio apartment in Hampton, 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 Hampton.

How much is a one bedroom apartment in Hampton, VA?

The average monthly rental price for one bedroom apartments is $1,050 and an average price per square feet of $1.38. There are a total of 3 one bedroom apartment listings currently available for rent in Hampton.

How much is a two bedroom apartment in Hampton, VA?

The average monthly rental price for two bedroom apartments is $1,400 and an average price per square feet of $1.26. There are a total of 12 two bedroom apartment listings currently available for rent in Hampton.

How have rent prices in Hampton, VA changed this year?

Rent prices for rentals in Hampton, VA can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by -0.05% year-over-year.

What is a reasonable rent price in Hampton, VA?

A reasonable rent price in Hampton, VA is around $1,196/month. You can search for these reasonably priced rental listings on RentHop.