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Rental Market Trends in Suffolk, VA

What is the average rent in Suffolk, VA?

$1,632/month

Average Rent

783 Sq Ft

Average Apartment Size

+3%

Increase in the Last Year

Suffolk, VA Rental Market Overview

The average rent in Suffolk, VA is $1,632 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Suffolk rent prices are 1% lower than the national average.

  • Studio apartments in Suffolk average $1,008 per month.
  • One-bedroom apartments in Suffolk average $1,632 per month.
  • Two-bedroom apartments in Suffolk average $1,836 per month.
  • Three-bedroom apartments in Suffolk average $2,235 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,008/month
486 Sq Ft
One Bedroom
$1,632/month
783 Sq Ft
Two Bedroom
$1,836/month
1,055 Sq Ft
Three Bedroom
$2,235/month
1,379 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,452/month
1,378 Sq Ft
Four Bedroom
$2,995/month
2,027 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 Suffolk, VA?

In the past year, rent has increased by 3%, which averages out to $49 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Suffolk, VA
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Suffolk, VA
Percentage*
Rent Range
0% Below $700/month
9% $700 - $1,000/month
34% $1,001 - $1,500/month
47% $1,501 - $2,000/month
9% Above $2,000/month

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

Because the average rent in Suffolk is $1,632, you’ll want to make about $5,440 per month or $65,280 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

Suffolk, VA

342 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Suffolk, 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 Suffolk, VA

Apartment Averages

Nearby City Rent Trends

  • Portsmouth Average Rent

Apartment communities in Suffolk we think you'll love

Royal Sail Apartments at Bridgeport

Royal Sail Apartments at Bridgeport

1100 Knotts Pointe Ln,
Suffolk, VA 23435

$1,550 - $2,610 Total Monthly Price

1-2 Beds

3800 Acqua at Bridgeport

3800 Acqua at Bridgeport

1200-1500 Bridgeport Way,
Suffolk, VA 23435

$1,660 - $2,240 Plus Fees

1-2 Beds

Chesapeake Pointe

Chesapeake Pointe

3537 Towne Pointe Rd,
Chesapeake, VA 23321

$1,234 - $1,909 Total Monthly Price

1-3 Beds

The Apartments at Hallstead Reserve

The Apartments at Hallstead Reserve

1000 Hallstead Blvd,
Suffolk, VA 23434

$1,728 - $2,548 Total Monthly Price

1-3 Beds | 12 Month Lease

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United States Virginia Suffolk 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