The Villages at Terrace Greene
100 Terrace Greene Cir,
Barboursville, VA 22923
$1,799 - $2,999 Total Monthly Price
1-4 Beds | 13 Month Lease
Rental Market Trends in Charlottesville, VA
What is the average rent in Charlottesville, VA?
$1,698/month
Average Rent
731 Sq Ft
Average Apartment Size
-1.5%
Decrease in the Last Year
As of January 2026, the average rent in Charlottesville, VA is $1,698 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Charlottesville rent prices are 5% higher than the national average. When you rent an apartment in Charlottesville, you can expect to pay about $1,262 per month for a studio, $1,698 for a one-bedroom apartment, and around $1,933 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,248 or more.
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 Charlottesville, VA?
In the past year, rent has decreased by 1.5%, which averages out to $25 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025
2026
Rent Ranges in Charlottesville, VA
Last Updated January 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
25%
$1,001 - $1,500/month
34%
$1,501 - $2,000/month
36%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Charlottesville?
Based on current rent prices, West Charlottesville, Venable and Fontana are the most affordable neighborhoods in Charlottesville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Charlottesville?
Based on current rent prices, Northerly, 10th & Page and Northeast Charlottesville are the most expensive neighborhoods in Charlottesville.
Neighborhood
Average Rent
Average Sq Ft
Which Charlottesville neighborhoods have the most rentals available?
The neighborhoods in Charlottesville with the most apartments available are South Charlottesville, Turtle Creek Condominiums and Northeast Charlottesville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Charlottesville, VA?
Because the average rent in Charlottesville is $1,698, you’ll want to make about $5,660 per month or $67,920 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.
Cost of Living
The cost of living in Charlottesville, VA is 0.1% lower than the national average. Generally, housing in Charlottesville is 3.9% more expensive than the national average, with rent falling between $1,262 - $2,248. You can expect to pay 2.1% less for groceries, 0.9% more for utilities, and 6.1% less for transportation.
How does Charlottesville, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Charlottesville, 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.
Studio
-
-
One Bedroom
$1,368/month
-
Two Bedroom
$1,780/month
-
Three Bedroom
$1,992/month
-
Nearby City Rent Trends
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21
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2,878
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NewCastle Development Group
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13
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3,328
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Greystar
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Gates Hudson
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100
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19,799
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42
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University Partners
-
24
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5,174
Units
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15
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3 Communities in Charlottesville
Thalhimer
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24
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-
3,615
Units
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12
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CAPREIT Residential Management LLC
-
51
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10,777
Units
-
38
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Thalhimer Multifamily
-
48
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8,375
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16
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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 November 2025.
* Percentages may not total 100 due to rounding.