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Rental Market Trends in Gloucester Point, VA

What is the average rent in Gloucester Point, VA?

$764/month

Average Rent

700 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of May 2025, the average rent in Gloucester Point, VA is $764 per month. This is 53% lower than the national average rent of $1,625/month, making renting in Gloucester Point more affordable than most cities in the US. When you rent an apartment in Gloucester Point, you can expect to pay about per month for a studio, $764 for a one-bedroom apartment, and around $1,132 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
One Bedroom
$764/month
700 Sq Ft
Two Bedroom
$1,132/month
910 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 Gloucester Point, VA?

In the past year, rent has increased by 1.2%, which averages out to $9 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Gloucester Point, VA
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Gloucester Point, VA
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $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 Gloucester Point, VA?

Because the average rent in Gloucester Point is $764, you’ll want to make about $2,546 per month or $30,552 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

Gloucester Point, VA

1 Available Apartments for Rent

Search for Nearby Apartments

How does Gloucester Point, VA compare to other nearby cities and neighborhoods?

Use the tool below to compare Gloucester Point, 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

Nearby City Rent Trends

  • Yorktown Average Rent
  • Williamsburg Average Rent
  • Newport News Average Rent

Apartment communities in Gloucester Point we think you'll love

8391 Oyster Cove Rd

8391 Oyster Cove Rd

8391 Oyster Cove Rd,
Gloucester Point, VA 23072

4 Beds | $4,000

Woods of Jefferson

Woods of Jefferson

205 Rotunda Cir,
Newport News, VA 23608

1 Bed | $1,300 - $1,310

Chelsea At Lee Hall

Chelsea At Lee Hall

626 Chelsea Pl,
Newport News, VA 23603

1-3 Beds | $1,125 - $1,930

Hamilton Apartments- No Cost Utilities*

Hamilton Apartments- No Cost Utilities*

2099 Von Steuben Dr,
Newport News, VA 23603

2-4 Beds | $1,675 - $2,450

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United States Virginia Gloucester Point 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity