Find Homes & Apartments for Rent in Hopewell, VA

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What to Know About

Life in Hopewell & Beyond

Hopewell shares many of the great qualities that make Virginia a desirable place to live.

Virginia, where history and modernity seamlessly merge, is home to some of the most significant historical sites in the country. Take a trip back in time and explore the Colonial Williamsburg living history museum, which transports visitors to the 18th century, or wander through the cobblestone streets of Old Town Alexandria. Major universities in Virginia, like the University of Virginia and Virginia Tech, are renowned for their academic excellence. In addition, the state's diverse and growing economy, supported by thriving technology, agriculture, and tourism industries, offers ample employment opportunities.

Outdoor enthusiasts can enjoy a wide range of activities, including hiking and camping in the Blue Ridge Mountains, fishing and boating in the Chesapeake Bay, and skiing in the winter. Sports fans will be thrilled with the exciting college sports games, and families will love visiting famous attractions like the Virginia Beach Boardwalk and the Natural Bridge.

With its stunning natural landscapes, deep historical roots, and thriving economy, Virginia is a great place to live for those who appreciate the unique charm and heritage of the south.

Rental Market Trends

Hopewell, VA

As of March 2025, Hopewell's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hopewell's average rent is 41.6% ($766) lower than the Virginia average of $1,841 and 39.9% ($713) lower than the U.S. average of $1,788.

Average Rent
$1,075
Monthly ChangeMonth Over Month Change
Decreased0.4% ($4)
Yearly ChangeYear Over Year Change
Decreased10.6% ($128)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $892 Increased2.1% ($18) Decreased10.3% ($102)
2 Beds $1,034 Increased1.8% ($18) Decreased10.5% ($121)
3 Beds $1,146 Decreased3.9% ($46) Decreased15.4% ($209)
Nearby Cities Average Rent Avg. Rent vs. HopewellAverage Rent vs. Hopewell Avg. Days on MarketAverage Days on Market
Prince George $1,147 Increased6.7% ($72) 32 days
Colonial Heights $1,277 Increased18.8% ($202) 34 days
Chester $2,041 Increased89.9% ($966) 31 days
Petersburg $1,141 Increased6.1% ($66) 38 days
Sandston $1,984 Increased84.6% ($909) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hopewell Rental Market FAQs

Explore rental prices, market trends, and availability in Hopewell, VA.

The average rent in Hopewell, VA is $1,075 per month.
Homes in Hopewell typically rent for between $624 and $1,490 per month, with an average of $1,075 per month.
In Hopewell, the average rent for a 1-bedroom home is $892 per month, for a 2-bedroom home, $1,034 per month, and a 3-bedroom home is $1,146 per month.
The average rent in Hopewell is 39.9% ($713) lower than the national average of $1,788 per month.
The average rent in Hopewell has decreased by 0.4% ($4) in the last month and decreased by 10.6% ($128) over the past year.
The rental market in Hopewell, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hopewell, VA, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 18 rental properties available in Hopewell, VA.
Based on the current averages, a household would need an annual income of $41,360 to comfortably afford a 2-bedroom home in Hopewell.
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