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Rental Market Trends in Prince George, VA

What is the average rent in Prince George, VA?

$1,558/month

Average Rent

740 Sq Ft

Average Apartment Size

-5.4%

Decrease in the Last Year

As of March 2026, the average rent in Prince George, VA is $1,558 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Prince George rent prices are 4% lower than the national average. When you rent an apartment in Prince George, you can expect to pay about per month for a studio, $1,558 for a one-bedroom apartment, and around $1,510 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,655 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,558/month
740 Sq Ft
Two Bedroom
$1,510/month
1,037 Sq Ft
Three Bedroom
$1,655/month
1,224 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 Prince George, VA?

In the past year, rent has decreased by 5.4%, which averages out to $84 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Prince George, VA
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Prince George, VA
Percentage*
Rent Range
0% Below $700/month
25% $700 - $1,000/month
50% $1,001 - $1,500/month
25% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Prince George, VA?

Because the average rent in Prince George is $1,558, you’ll want to make about $5,193 per month or $62,316 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

Prince George, VA

18 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Prince George, 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.

Explore the Area Guide for Prince George, VA

Apartment Averages

Nearby City Rent Trends

  • Hopewell Average Rent
  • Petersburg Average Rent
  • Colonial Heights Average Rent

Apartment communities in Prince George we think you'll love

Branchester Lakes

Branchester Lakes

6797 Lake Rd,
Prince George, VA 23875

Call for Rent

1-3 Beds

Puddledock Place

Puddledock Place

4270 Anne Ter,
Prince George, VA 23875

$942 - $1,284 Plus Fees

1-3 Beds

4145 Baxter Ridge Dr

4145 Baxter Ridge Dr

4145 Baxter Ridge Dr,
Prince George, VA 23875

$2,700 Total Monthly Price

4 Beds

3447 Prince George Dr

3447 Prince George Dr

3447 Prince George Dr,
Prince George, VA 23875

$1,150 Total Monthly Price

1 Bed

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United States Virginia Prince George 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 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity