Homes & Apartments for Rent near 23162

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What to Know About

Life in Studley & Beyond

Studley 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

Hanover County, VA

As of June 2026, Hanover County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hanover County's average rent is 4.0% ($69) higher than the Virginia average of $1,721 and 0.4% ($7) lower than the U.S. average of $1,797.

Average Rent
$1,790
Monthly ChangeMonth Over Month Change
Decreased3.1% ($58)
Yearly ChangeYear Over Year Change
Decreased7.9% ($153)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,445 Decreased4.2% ($63) Decreased7.2% ($112)
2 Beds $1,758 Increased0.3% ($5) Decreased5.2% ($96)
3 Beds $2,006 Decreased7.6% ($165) Decreased7.4% ($160)
Cities within Hanover County Average Rent Avg. Rent vs. HanoverAverage Rent vs. Hanover County Avg. Days on MarketAverage Days on Market
Mechanicsville $2,272 Increased26.9% ($482) 38 days
Ashland $1,756 Decreased1.9% ($34) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hanover County Rental Market FAQs

Explore rental prices, market trends, and availability in Hanover County, VA.

The average rent in Hanover County, VA is $1,790 per month.
Homes in Hanover County typically rent for between $1,012 and $2,608 per month, with an average of $1,790 per month.
In Hanover County, the average rent for a 1-bedroom home is $1,445 per month, for a 2-bedroom home, $1,758 per month, and a 3-bedroom home is $2,006 per month.
The average rent in Hanover County is 0.4% ($7) lower than the national average of $1,797 per month.
The average rent in Hanover County has decreased by 3.1% ($58) in the last month and decreased by 7.9% ($153) over the past year.
The rental market in Hanover County, VA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hanover County, VA, the average rental stays on the market for approximately 34 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 16 rental properties available in Hanover County, VA.
Based on the current averages, a household would need an annual income of $70,320 to comfortably afford a 2-bedroom home in Hanover County.
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