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Rental Market Trends in Cape Charles, VA

What is the average rent in Cape Charles, VA?

$1,016/month

Average Rent

648 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of June 2025, the average rent in Cape Charles, VA is $1,016 per month. This is 38% lower than the national average rent of $1,628/month, making renting in Cape Charles more affordable than most cities in the US. When you rent an apartment in Cape Charles, you can expect to pay about $932 per month for a studio, $1,016 for a one-bedroom apartment, and around for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$932/month
304 Sq Ft
One Bedroom
$1,016/month
648 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Cape Charles, VA?

In the past year, rent has increased by 1.6%, which averages out to $16 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cape Charles, VA
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Cape Charles, VA
Percentage*
Rent Range
0% Below $700/month
67% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Cape Charles, VA?

Because the average rent in Cape Charles is $1,016, you’ll want to make about $3,386 per month or $40,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Cape Charles, VA

15 Available Apartments for Rent

Search for Nearby Apartments

How does Cape Charles, VA compare to other nearby cities and neighborhoods?

Use the tool below to compare Cape Charles, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Cape Charles we think you'll love

Kiptopeke Studio Apartments

Kiptopeke Studio Apartments

29106 Lankford Hwy,
Cape Charles, VA 23310

Studio | $799 - $999

320 Randolph Ave

320 Randolph Ave

320 Randolph Ave,
Cape Charles, VA 23310

Studio - 2 Beds | $900 - $1,600

29106 Lankford Hwy

29106 Lankford Hwy

29106 Lankford Hwy,
Cape Charles, VA 23310

Studio | $799

29106 Lankford Hwy

29106 Lankford Hwy

29106 Lankford Hwy,
Cape Charles, VA 23310

Studio | $799

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United States Virginia Cape Charles Rental Trends

Methodology

† 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity