The Coves at Monticello
47 Laurin St,
Lake Monticello, VA 22963
$1,245 - $1,859
2-3 Beds
Rental Market Trends in Charlottesville, VA
What is the average rent in Charlottesville, VA?
$1,675/month
Average Rent
733 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of October 2025, the average rent in Charlottesville, VA is $1,675 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Charlottesville rent prices are 3% higher than the national average. When you rent an apartment in Charlottesville, you can expect to pay about $1,253 per month for a studio, $1,675 for a one-bedroom apartment, and around $1,913 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,234 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 increased by 0.7%, which averages out to $13 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 October 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Charlottesville?
Based on current rent prices, West Charlottesville, Hessian Hills and Downtown Charlottesville 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, 10th & Page, Starr Hill and Northerly 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, Northeast Charlottesville and Turtle Creek Condominiums .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Charlottesville, VA?
Because the average rent in Charlottesville is $1,675, you’ll want to make about $5,583 per month or $66,996 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 2.1% higher than the national average. Generally, housing in Charlottesville is 10.3% more expensive than the national average, with rent falling between $1,253 - $2,234. You can expect to pay 2.7% less for groceries, 3.1% more for utilities, and 6.9% 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
-
$1,871/month
One Bedroom
$1,377/month
$2,216/month
Two Bedroom
$1,768/month
$2,553/month
Three Bedroom
$2,042/month
-
Nearby City Rent Trends
Apartment communities in Charlottesville we think you'll love
Property Management Companies in Charlottesville, VA
Park Properties Management Co.
-
21
Communities
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2,878
Units
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17
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5 Communities in Charlottesville
NewCastle Development Group
-
11
Communities
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2,696
Units
-
7
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5 Communities in Charlottesville
Greystar
-
3,427
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946,595
Units
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870
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4 Communities in Charlottesville
Gates Hudson
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101
Communities
-
20,206
Units
-
44
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4 Communities in Charlottesville
University Partners
-
25
Communities
-
5,453
Units
-
15
Cities
3 Communities in Charlottesville
CAPREIT
-
41
Communities
-
8,829
Units
-
34
Cities
2 Communities in Charlottesville
Thalhimer Multifamily
-
48
Communities
-
8,375
Units
-
16
Cities
2 Communities in Charlottesville
Amurcon Realty Company
-
16
Communities
-
2,576
Units
-
14
Cities
2 Communities in Charlottesville
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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 September 2025.
* Percentages may not total 100 due to rounding.