City Report · VA

Charlottesville

Pop. 45,437·49th most expensive in Virginia·Charlottesville rents are up 7.6% over the past year
Median rent (all units)
$2,021/mo
Year-over-Year
+7.6%
Month-over-Month
-1.2%
vs US Median
+$56
Falling (Monthly)
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Most AffordableMost Expensive
Charlottesville · $2,021
More expensive than 60% of US cities · National median $1,965/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Charlottesville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,021/mo
Expected by trend
$2,062/mo
The Rent Reality Score compares today's median rent to where Charlottesville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,488
1 BR
$1,573
2 BR
$1,830
3 BR
$2,283
4 BR+
$2,775
Research median
$1,830/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$24,252/yr
At $2,021/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.6% YoY, -1.2% MoM), not inventory.
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Demographics

Who lives here

Charlottesville, VA is majority renter-occupied, skews toward younger working-age adults, 62.5% of residents hold a bachelor's degree or higher.

Population
45,437
Median income
$74,824
Median age
33.1
Renters
55.8%
Age distribution
16.5%
36.7%
23.8%
13.5%
Under 1816.5%
18–3436.7%
35–5423.8%
55–649.6%
65+13.5%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
66.5%
15.6%
White66.5%
Black15.6%
Hispanic6.9%
Asian7.1%
Other3.9%
Education (25+)
15%
16.1%
62.5%
No HS diploma6.5%
HS diploma15%
Some college16.1%
Bachelor's+62.5%
Housing tenure
44.2%
55.8%
Owner44.2%
Renter55.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Charlottesville, VA has changed in 5 years

Rent
$1,495 → $2,021
up 35.2%
Income
$63,470 → $74,824
up 17.9%
Population
46,597 → 45,437
down 2.5%
Renter share
58.7% → 55.8%
-2.9 pts
Bachelor's+
58% → 62.5%
+4.5 pts
Median age
32.5 → 33.1
+0.6 yrs

Five years ago, renters in Charlottesville, VA paid around $1,495 a month. That figure now sits near $2,021, up 35.2% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $63,470 in 2021 to $74,824 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Charlottesville, VA losing about 1,160 residents over the five-year window, down 2.5% on net. The renter share has eased from 58.7% to 55.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 58% to 62.5% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Charlottesville, VA market of 2021.

Community

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View Charlottesville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Charlottesville on your salary?

At $2,021/mo, how Charlottesville rent compares to typical pay (30% rule).

By apartment size

Charlottesville rent by bedroom count

Median rent for each apartment size in Charlottesville. Click any size for full breakdown.

Local insights

Tips for renters in Charlottesville

About renting in Charlottesville, VA

Last updated: July 20, 2026

The median rent in Charlottesville is $2,021/mo as of July 2026. A studio apartment averages $1,488/mo while a 2-bedroom runs $1,830/mo. One-bedroom apartments average $1,573/mo and 3-bedroom units go for $2,283/mo.

At 32% of local median household income ($74,824/yr), Charlottesville ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.6% over the past year.

FAQ

Frequently asked questions

Is Charlottesville an affordable city for renters?

Charlottesville is considered moderate for renters. At $2,021/mo, rent takes approximately 32% of the local median household income ($74,824/yr). The standard benchmark is 30%. Charlottesville slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Charlottesville?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,021/mo in Charlottesville. The local median household income is $74,824/yr, meaning the typical Charlottesville household falls short of that threshold.

Is rent going up or down in Charlottesville?

Rent in Charlottesville has increased 7.6% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Charlottesville neighborhoods have the lowest rent?

The most affordable ZIP codes in Charlottesville are 22901 ($1,885/mo), 22903 ($2,067/mo), and 22902 ($2,089/mo). Citywide, the median rent in Charlottesville is $2,021/mo.

How does Charlottesville rent compare to other cities in Virginia?

Charlottesville is middle-of-the-pack for Virginia for rent, ranking #49 out of 83 tracked cities at $2,021/mo.

Which nearby cities are cheaper to rent in than Charlottesville?

Several nearby cities have lower median rents than Charlottesville ($2,021/mo): Staunton ($1,581/mo), Waynesboro ($1,602/mo), Fishersville ($1,795/mo).

What percentage of Charlottesville residents rent vs. own?

According to Census data, approximately 55.8% of Charlottesville households are renters, while 44.2% are owner-occupied. With a majority renter population, Charlottesville has a strong rental market.

How does Charlottesville rent compare to the national average?

Charlottesville's median rent of $2,021/mo is $56 (3%) above the US national median of $1,965/mo. Within Virginia, it ranks #49 out of 83 tracked cities.
Income Affordability
32%
MODERATE

At $2,021/mo, rent takes ~32% of Charlottesville's median household income ($74,824/yr). The standard benchmark is 30%.

Charlottesville 32%Benchmark 30%
State income tax2–5.75%
Run the Charlottesville affordability calculator →
Lowest-rent ZIP codes in Charlottesville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Charlottesville, VA

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