Governors on North Henry
500 N Henry St,
Williamsburg, VA 23185
$2,549 - $2,609 Plus Fees
2 Beds
Williamsburg combines colonial heritage with contemporary living, offering residents both historic charm and modern conveniences. As home to the College of William & Mary, this Virginia city spans 9 square miles and features diverse housing options, from colonial-style homes near Duke of Gloucester Street to newer communities throughout the area. Currently, rental prices range from $1,042 for studios to $2,388 for four-bedroom homes, with one-bedroom units averaging $1,575 monthly. While some rental categories have shown modest increases between 0.2% to 5.3% year-over-year, Williamsburg's housing costs remain competitive compared to larger Virginia metropolitan areas.
The city extends beyond its renowned Colonial Williamsburg district, offering residents extensive parks and recreation areas. Located between the James and York Rivers, Williamsburg provides opportunities for outdoor activities, while Merchants Square features local shops and restaurants. Popular areas include the historic district surrounding Colonial Williamsburg, the neighborhood adjacent to William & Mary's campus, and New Town, a mixed-use community combining residential spaces with retail destinations. William & Mary, established in 1693, enriches the community with cultural events and academic programs. The city's rich past as Virginia's colonial capital is preserved through the Historic Triangle, encompassing Jamestown, Yorktown, and Colonial Williamsburg.
As of March 2026, the average apartment rent in Williamsburg, VA is $931 for a studio, $1,623 for one bedroom, $1,756 for two bedrooms, and $2,133 for three bedrooms. Apartment rent in Williamsburg has increased by 3.0% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Williamsburg, VA is for everyday living.
Car-Dependent
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.