Arcola, Virginia Rental Market Trends
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 Arcola, Virginia rental market.
Arcola, Virginia
Average Apartment Rent
$2,375
Y-o-Y Change in Average
Apartment Rent
0.3%
As of March 2026
Compared to a year ago, Arcola, Virginia apartments have recorded a 0.3% rent increase.
Arcola, Virginia Average apartment rent trend
Arcola, Virginia Average Apartment Rent
Arcola, Virginia Apartment rent ranges
At 51.1%, apartments priced $2,000 - $2,500 represent the bulk of Arcola, Virginia rentals, while condos priced Over $3,000 hold the lowest share of the market – 9.07%.
Arcola, Virginia Housing tenure**
Renters take up 35% of Arcola, Virginia real estate, occupying a total of 316 units, while homeowners live in 591 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$83,750
Average household size of renter-occupied housing units**
2.53
Rental vacancy rate**
3.7%
Arcola, Virginia Renter-occupied housing units by no. of bedrooms**
There are 223 rentals in Arcola, Virginia with 2 beds making up the highest share of the market, at 71%. Units with 1 bed, on the other hand, hold the lowest percentage (4%), amounting to 12 units. Overall, the median number of rooms in Arcola, Virginia homes for rent is 5.1.
Arcola, Virginia Renter-occupied units by age of householder**
Most condos for rent in Arcola, Virginia are occupied by residents in the 35 - 44 years age group (29%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.
Arcola, Virginia Renter-occupied housing units by family type**
Arcola, Virginia Renter-occupied housing units by the presence of own children**
A total of 272 apartments for rent in Arcola, Virginia, or 86% of all rentals are family households. Additionally, 54% of rental homes include children under the age of 18 – that’s 170 units. All in all, the median size of a renter-occupied household in Arcola, Virginia is 2.53.
Arcola, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 36% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Arcola, Virginia.
Arcola, Virginia Renter-occupied units by year structure built**
The highest share of Arcola, Virginia apartment rentals, namely 82% or 259 units, were Built 2010 - 2019, followed by those Built 1939 or earlier (14%, 43 units), and the ones Built 2020 or later (4%, 14 units).
Arcola, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Arcola, Virginia renters (53%) moved in 2018 to 2020, while only 19% of them moved in 2021 or later. Overall, the median year renters have occupied their Arcola, Virginia condos for rent is 2019.
Arcola, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Arcola, Virginia renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 11% have 3 or more vehicles available.
Arcola, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Arcola, Virginia Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Arcola, 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
