Kiptopeke Studios
29106 Lankford Hwy,
Cape Charles, VA 23310
Studio | $998
Rental Market Trends in Cape Charles, VA
What is the average rent in Cape Charles, VA?
$1,114/month
Average Rent
648 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
Cape Charles, VA Rental Market Overview
The average rent in Cape Charles, VA is $1,114 per month. This is 33% lower than the national average rent of $1,662/month, making renting in Cape Charles more affordable than most cities in the US.
- Studio apartments in Cape Charles average $799 per month.
- One-bedroom apartments in Cape Charles average $1,114 per month.
- Two-bedroom apartments in Cape Charles average per month.
- Three-bedroom apartments in Cape Charles average or more per month.
Data Updated: July 1, 2026
Floor Plan Type
Average Rent
Average 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 0.9%, which averages out to $10 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 July 2026
Legend
2025
2026
Rent Ranges in Cape Charles, VA
Last Updated July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
33%
$700 - $1,000/month
67%
$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 $1,114, you’ll want to make about $3,713 per month or $44,556 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.
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 Communities in Cape Charles We Think You'll Love
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Frequently Asked Questions
What is the average rent in Cape Charles?
The average rent in Cape Charles is $1,114 per month, which is 33.0% lower than the national average of $1,662.
Are rents going up or down in Cape Charles?
Rents in Cape Charles, VA are increasing, with prices up 0.9% year-over-year and $10 more per month.
What rent range is most common in Cape Charles?
In Cape Charles, VA, 67% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.