What is the average apartment size in Petersburg?

The average size for a Petersburg, VA apartment is 888 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Petersburg?

As of Sep / 2025, the average rent in Petersburg is $1,292 per month, a 1.5% decrease from last year’s average of $1,312.

How much does rent cost by apartment size in Petersburg?

In Petersburg, studios rent for $868 per month, one-bedroom units average $1,154 per month, two-bedrooms cost around $1,265 per month, and three-bedroom apartments rent for about $1,573 per month

What is the average apartment size in Petersburg?

The typical apartment in Petersburg offers about 888 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Petersburg?

Studio apartments in Petersburg average 412 sq. ft., one-bedrooms offer 711 sq. ft., two-bedrooms are about 913 sq. ft., and three-bedroom apartments average 1,188 sq. ft.

Petersburg, VA Rental Market Trends

Q: What's the typical rent budget in Petersburg?

The typical rent budget in Petersburg ranges from $1,001 to $1,500 per month, with 57% of rentals in this range.

Q: Do most people rent or own in Petersburg?

In Petersburg, 62% of households rent while 38% own their homes, based on the latest U.S. Census data.

Last updated: October 24, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Petersburg is $1,292, a 1.5% decrease compared to the previous year, when the average rent was $1,312.

Studio Apartments at $868 offer the most budget-friendly option with 412 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 711 square feet for $1,154, balancing privacy and affordability.

Two-beedroom units at $1,265 offer 913 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,188 sq ft) for $1,573, suitable for larger households.

Average rent in Petersburg, VA

Last updated: October 24, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,292	888 sq. ft.
Studio	$868	412 sq. ft.
1 Bed	$1,154	711 sq. ft.
2 Beds	$1,265	913 sq. ft.
3 Beds	$1,573	1,188 sq. ft.

Petersburg, VA rent trends

Rental prices in Petersburg, VA have decreased by 1.5% over the past year. The average rent moved from $1,312 to $1,292.

What's the typical rent budget in Petersburg, VA?

The largest share of rentals in Petersburg, VA (57%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Petersburg, VA?

9,172 or 62% of the households in Petersburg, VA are renter-occupied while 5,682 or 38% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Petersburg Compares to Other Cities

City	Average Rent
Petersburg	$1,292
Fairfax	$2,381
Arlington	$2,664
Alexandria	$2,185
Richmond	$1,573
Charlottesville	$2,073
Fredericksburg	$1,891
Newport News	$1,405
Norfolk	$1,557
Woodbridge	$2,063
Virginia Beach	$1,738
Hopewell, VA	$1,224
Chester, VA	$1,728
Henrico, VA	$1,599
Midlothian, VA	$1,907
Glen Allen, VA	$1,800
Prince George, VA	$1,383
Chesterfield, VA	$1,768
Mechanicsville, VA	$1,746

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Petersburg apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.