Studio Apartment Rent in Hopewell, VA
Median asking rent for a studio apartment in Hopewell, Virginia as of August 2026. That's +7% lower than the citywide median of $1,340 and +4% below the national studio median of $1,290.
Income needed for a studio in Hopewell
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Hopewell
Compare Hopewell's median rent across every apartment size.
Cheapest cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Danville | $630 |
| 2 | Martinsville | $700 |
| 3 | Bristol | $780 |
| 4 | Lexington | $830 |
| 5 | Farmville | $850 |
| 6 | Madison Heights | $880 |
| 7 | Roanoke | $883 |
| 8 | Christiansburg | $900 |
| 9 | Radford | $900 |
| 10 | Salem | $960 |
| 11 | Front Royal | $970 |
| 12 | Blacksburg | $990 |
| 13 | Waynesboro | $1,060 |
| 14 | Lynchburg | $1,100 |
| 15 | Harrisonburg | $1,120 |
Most expensive cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Great Falls | $3,020 |
| 2 | Fort Hunt | $3,020 |
| 3 | Haymarket | $2,780 |
| 4 | Aldie | $2,720 |
| 5 | Gainesville | $2,670 |
| 6 | Burke | $2,560 |
| 7 | Vienna | $2,547 |
| 8 | Springfield | $2,490 |
| 9 | Chantilly | $2,440 |
| 10 | Arlington | $2,433 |
| 11 | Lorton | $2,430 |
| 12 | Oakton | $2,350 |
| 13 | Fairfax | $2,350 |
| 14 | Ashburn | $2,350 |
| 15 | Sterling | $2,257 |
Nearby cities — studio rent
Considering nearby alternatives? 1 of these cities have cheaper studio rents than Hopewell.
| City | Distance | Studio rent | vs Hopewell |
|---|---|---|---|
| Colonial Heights, VA | 12.2 mi | $1,360 | +$120 (+10%) |
| Chester, VA | 12.8 mi | $1,685 | +$445 (+36%) |
| Petersburg, VA | 16.9 mi | $1,250 | +$10 (+1%) |
| Highland Springs, VA | 20.4 mi | $1,380 | +$140 (+11%) |
| Chesterfield, VA | 21.8 mi | $1,705 | +$465 (+38%) |
| East Highland Park, VA | 23.7 mi | $1,173 | $-67 (-5%) |
| Richmond, VA | 25.3 mi | $1,577 | +$337 (+27%) |
| Mechanicsville, VA | 25.9 mi | $1,745 | +$505 (+41%) |
| Henrico, VA | 27.4 mi | $1,526 | +$286 (+23%) |
| Lakeside, VA | 30.4 mi | $1,580 | +$340 (+27%) |
| Midlothian, VA | 33.6 mi | $1,780 | +$540 (+44%) |
| Williamsburg, VA | 33.6 mi | $1,535 | +$295 (+24%) |
Studio rent in Hopewell — common questions
How much is a studio apartment in Hopewell?
As of August 2026, the median studio apartment rent in Hopewell, Virginia is $1,240 per month. This is +7% below the citywide median of $1,340.
What income do you need to afford a studio in Hopewell?
Using the standard 30% rent-to-income rule, you would need an annual income of about $49,600 ($4,133/month gross), which works out to roughly $23.85/hour at a full-time job.
Is Hopewell expensive for a studio compared to the rest of the US?
Hopewell's studio median of $1,240 is +4% below the national studio median of $1,290. It ranks in the 46th percentile of US cities tracked.
How does Hopewell rank for studio rent in Virginia?
Among the 80 cities in Virginia with studio data, Hopewell ranks #22 from cheapest to most expensive.
Are there cheaper studio options near Hopewell?
Yes — nearby cities with cheaper studio rents include East Highland Park ($1,173).