Rental Market Trends in Grundy, VA

Q: What is the average rent in Grundy, VA?

As of June 2025, the average rent in Grundy, VA was $652/month.

What is the average rent in Grundy, VA?

$652/month

Average Rent

610 Sq Ft

Average Apartment Size

+6.1%

Increase in the Last Year

As of June 2025, the average rent in Grundy, VA is $652 per month. This is 60% lower than the national average rent of $1,627/month, making renting in Grundy more affordable than most cities in the US. When you rent an apartment in Grundy, you can expect to pay about per month for a studio, $652 for a one-bedroom apartment, and around $752 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

$652/month

610 Sq Ft

Two Bedroom

$752/month

830 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 Grundy, VA?

In the past year, rent has increased by 6.1%, which averages out to $40 more per month.

Percentage*

Rent Range

0% Below $700/month

100% $700 - $1,000/month

0% $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 Grundy, VA?

Because the average rent in Grundy is $652, you’ll want to make about $2,173 per month or $26,076 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 Grundy, VA compare to other nearby cities and neighborhoods?

Use the tool below to compare Grundy, 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 Grundy we think you'll love

The Place at Slate Creek

3980-4145 Slate Creek Rd,
Grundy, VA 24614

1-2 Beds | $650 - $750

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United States Virginia Grundy 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.