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Rental Market Trends in Luray, VA

Updated August 2026

The average rent in Luray, VA is $622/month.

Rent in Luray is 63% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$622/month

Average Rent

700 Sq Ft

Average Size

+1.9%

Change / Year

9

Available Apartments

Luray rent varies by unit size and layout:

  • Studio apartments in Luray average per month.
  • One-bedroom apartments in Luray average $622 per month.
  • Two-bedroom apartments in Luray average $666 per month.
  • Three-bedroom apartments in Luray average $685 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$622/month
700 Sq Ft
Two Bedroom
$666/month
800 Sq Ft
Three Bedroom
$685/month
900 Sq Ft
View Luray Apartments

How much has average rent changed in Luray, VA?

In the past year, rent has increased by 1.9%, which averages out to $13 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Luray, VA

August 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Luray, VA
Percentage*
Rent Range
100% Below $700/month
0% $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 Luray, VA?

Because the average rent in Luray is $622, you’ll want to make about $2,073 per month or $24,876 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

Luray, VA

9 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Luray, 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

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Woodstock

    Woodstock

    Avg Rent: $903/month

  • Washington

    Washington

    Avg Rent: $1,256/month

Apartment Communities in Luray We Think You'll Love

148 Baker Dr

148 Baker Dr

148 Baker Dr,
Luray, VA 22835

3 Beds | $3,770

519 Mechanic St

519 Mechanic St

519 Mechanic St,
Luray, VA 22835

2 Beds | $1,295

985 Lazy River East Rd

985 Lazy River East Rd

985 Lazy River East Rd,
Luray, VA 22835

3 Beds | $2,200

186 Caterpillar Dr

186 Caterpillar Dr

186 Caterpillar Dr,
Luray, VA 22835

3 Beds | $1,800

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Frequently Asked Questions

What is the average rent in Luray?

The average rent in Luray is $622 per month, which is 62.6% lower than the national average of $1,664.

Are rents going up or down in Luray?

Rents in Luray, VA are increasing, with prices up 1.9% year-over-year and $13 more per month.

What rent range is most common in Luray?

In Luray, VA, 100% of apartments fall below $700/month, though prices may vary depending on location and other factors.

United States Virginia Luray 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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity