Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Petersburg City County & Beyond
Petersburg City County 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
Petersburg City County, VA
As of June 2026, Petersburg City County's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Petersburg City County's average rent is 29.8% ($513) lower than the Virginia average of $1,721 and 32.8% ($589) lower than the U.S. average of $1,797.
Average Rent
$1,208
Monthly ChangeMonth Over Month Change
0.6% ($7)
Yearly ChangeYear Over Year Change
8.6% ($96)
Avg. Days on MarketAverage Days on Market
73
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,150 | 1.8% ($20) | 6.6% ($71) |
| 2 Beds | $1,388 | 3.9% ($52) | 11.1% ($139) |
| 3 Beds | $1,672 | 3.1% ($51) | 7.9% ($123) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Petersburg City County Rental Market FAQs
Explore rental prices, market trends, and availability in Petersburg City County, VA.
The average rent in Petersburg City County, VA is $1,208 per month.
Houses in Petersburg City County typically rent for between $805 and $2,174 per month, with an average of $1,208 per month.
In Petersburg City County, the average rent for a 1-bedroom house is $1,150 per month, for a 2-bedroom house, $1,388 per month, and a 3-bedroom house is $1,672 per month.
The average rent in Petersburg City County is 32.8% ($589) lower than the national average of $1,797 per month.
The average rent in Petersburg City County has decreased by 0.6% ($7) in the last month and increased by 8.6% ($96) over the past year.
The rental market in Petersburg City County, VA, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Petersburg City County, VA, the average rental stays on the market for approximately 73 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 59 rental properties available in Petersburg City County, VA.
Based on the current averages, a household would need an annual income of $55,520 to comfortably afford a 2-bedroom house in Petersburg City County.
