Hollymead, Virginia Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Hollymead, Virginia rental market.

Hollymead, Virginia

Average Apartment Rent

$1,937

Y-o-Y Change in Average
Apartment Rent

-2.5%

As of March 2026

Compared to a year ago, Hollymead, Virginia apartments have recorded a -2.5% rent decrease.

Hollymead, Virginia Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Hollymead $1,899 $1,836 $1,847 $1,887 $1,983 $1,986 $2,018 $1,922 $1,937
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Hollymead
National
Jul 2023
$1,899
$1,735
Nov 2023
$1,836
$1,724
Mar 2024
$1,847
$1,729
Jul 2024
$1,887
$1,750
Nov 2024
$1,983
$1,743
Mar 2025
$1,986
$1,749
Jul 2025
$2,018
$1,763
Nov 2025
$1,922
$1,749
Mar 2026
$1,937
$1,750

Hollymead, Virginia Average Apartment Rent

Hollymead, Virginia Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 72.58%, apartments priced $1,500 - $2,000 represent the bulk of Hollymead, Virginia rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.08%.

Hollymead, Virginia Housing tenure**

Renter occupied housing units 586
Owner occupied housing units 2,576

Renters take up 19% of Hollymead, Virginia real estate, occupying a total of 586 units, while homeowners live in 2,576 properties.

Median number of rooms of renter-occupied housing units**

5.8

Renter median household income**

$61,136

Average household size of renter-occupied housing units**

2.7

Hollymead, Virginia Renter-occupied housing units by no. of bedrooms**

No bedrooms 9
1 bed 26
2 beds 180
3 beds 277
4 beds 77
5 or more beds 17

There are 277 rentals in Hollymead, Virginia with 3 beds making up the highest share of the market, at 47%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 9 units. Overall, the median number of rooms in Hollymead, Virginia homes for rent is 5.8.

Hollymead, Virginia Renter-occupied units by age of householder**

15 - 24 years 28
25 - 34 years 184
35 - 44 years 76
45 - 54 years 91
55 - 59 years 19
60 - 64 years 42
65 - 74 years 59
75 - 84 years 29
85 years and over 58

Most condos for rent in Hollymead, Virginia are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 45 - 54 years age group (16%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.

Hollymead, Virginia Renter-occupied housing units by family type**

Family households 256
Non-Family Households 330

Hollymead, Virginia Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 176
No related children of the householder under 18 410

A total of 256 apartments for rent in Hollymead, Virginia, or 44% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 176 units. All in all, the median size of a renter-occupied household in Hollymead, Virginia is 2.7.

Hollymead, Virginia Renter-occupied housing units by educational attainment**

Less than high school graduate 48
High school graduate (including equivalency) 123
Some college or associate's degree 104
Bachelor's degree or higher 311

In terms of education, renters holding bachelor degrees or higher make up 53% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Hollymead, Virginia.

Hollymead, Virginia Renter-occupied units by year structure built**

Built 2010 - 2019 16
Built 2000 - 2009 206
Built 1990 - 1999 133
Built 1980 - 1989 94
Built 1970 - 1979 85
Built 1960 - 1969 37
Built 1939 or earlier 15

The highest share of Hollymead, Virginia apartment rentals, namely 35% or 206 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (23%, 133 units), and the ones Built 1980 - 1989 (16%, 94 units).

Hollymead, Virginia Renter-occupied units by year householder moved in**

Moved in 2021 or later 67
Moved in 2018 to 2020 239
Moved in 2010 to 2017 211
Moved in 2000 to 2009 69

Median year renter moved into unit 2018

Most Hollymead, Virginia renters (41%) moved in 2018 to 2020, while only 11% of them moved in 2021 or later. Overall, the median year renters have occupied their Hollymead, Virginia condos for rent is 2018.

Hollymead, Virginia Renter-occupied housing units by vehicles available**

No vehicle available 42
1 vehicle available 204
2 vehicles available 310
4 or more vehicles available 30

When it comes to transportation options, 53% of Hollymead, Virginia renters have 2 vehicles available per household, 35% of them have 1 vehicle available, and 7% have No vehicle available.

Hollymead, Virginia Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 560
Car, truck, or van - carpooled 113
Walked 7
Worked at home 60

Hollymead, Virginia Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,384
Moved within same county 82
Moved from different county within same state 77

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Hollymead, Virginia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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