Governors on North Henry
500 N Henry St,
Williamsburg, VA 23185
$2,001 - $2,597 Plus Fees
1-2 Beds
Rental Market Trends in Williamsburg, VA
What is the average rent in Williamsburg, VA?
$1,622/month
Average Rent
776 Sq Ft
Average Apartment Size
+2.9%
Increase in the Last Year
As of March 2026, the average rent in Williamsburg, VA is $1,622 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Williamsburg rent prices are 0% lower than the national average. When you rent an apartment in Williamsburg, you can expect to pay about $931 per month for a studio, $1,622 for a one-bedroom apartment, and around $1,757 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,135 or more.
Floor Plan Type
Average Rent
Average 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 Williamsburg, VA?
In the past year, rent has increased by 2.9%, which averages out to $47 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 March 2026
Legend
2025
2026
Rent Ranges in Williamsburg, VA
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
36%
$1,001 - $1,500/month
47%
$1,501 - $2,000/month
11%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Williamsburg?
Based on current rent prices, Michael Commons, Windsor Forest and West Williamsburg are the most affordable neighborhoods in Williamsburg.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Williamsburg?
Based on current rent prices, Wyndham, West Williamsburg and Windsor Forest are the most expensive neighborhoods in Williamsburg.
Neighborhood
Average Rent
Average Sq Ft
Which Williamsburg neighborhoods have the most rentals available?
The neighborhoods in Williamsburg with the most apartments available are West Williamsburg, Windsor Forest and Michael Commons .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Williamsburg, VA?
Because the average rent in Williamsburg is $1,622, you’ll want to make about $5,406 per month or $64,872 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 Williamsburg, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Williamsburg, 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
Apartment communities in Williamsburg we think you'll love
Property Management Companies in Williamsburg, VA
Harrison & Lear
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14
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945
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3
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4 Communities in Williamsburg
Greystar
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3,473
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956,298
Units
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897
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3 Communities in Williamsburg
Drucker & Falk
-
161
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38,060
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-
58
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Franklin Group
-
138
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25,621
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-
63
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2 Communities in Williamsburg
Capital Square
-
53
Communities
-
12,265
Units
-
38
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2 Communities in Williamsburg
Vest Residential
-
64
Communities
-
14,993
Units
-
36
Cities
2 Communities in Williamsburg
Sandhurst Apartment Management
-
42
Communities
-
10,891
Units
-
31
Cities
2 Communities in Williamsburg
Cardinal Group Management and Advisory, LLC
-
156
Communities
-
31,716
Units
-
82
Cities
1 Community in Williamsburg
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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.