Bristol, 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 Bristol, Virginia rental market.
Bristol, Virginia
Average Apartment Rent
$1,076
Y-o-Y Change in Average
Apartment Rent
27%
As of March 2026
Compared to a year ago, Bristol, Virginia apartments have recorded a 27% rent increase.
Bristol, Virginia Average apartment rent trend
Bristol, Virginia Average Apartment Rent
Bristol, Virginia Apartment rent ranges
At 58.82%, apartments priced Under $1,000 represent the bulk of Bristol, Virginia rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 41.18%.
Bristol, Virginia Housing tenure**
Renters take up 37% of Bristol, Virginia real estate, occupying a total of 2,703 units, while homeowners live in 4,596 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$31,104
Average household size of renter-occupied housing units**
2.34
Rental vacancy rate**
9.7%
Bristol, Virginia Renter-occupied housing units by no. of bedrooms**
There are 1,052 rentals in Bristol, Virginia with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 63 units. Overall, the median number of rooms in Bristol, Virginia homes for rent is 4.3.
Bristol, Virginia Renter-occupied units by age of householder**
Most condos for rent in Bristol, Virginia are occupied by residents in the 35 - 44 years age group (17%), followed by those in the 25 - 34 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.
Bristol, Virginia Renter-occupied housing units by family type**
Bristol, Virginia Renter-occupied housing units by the presence of own children**
A total of 1,436 apartments for rent in Bristol, Virginia, or 53% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 739 units. All in all, the median size of a renter-occupied household in Bristol, Virginia is 2.34.
Bristol, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 18% of the homes for rent in Bristol, Virginia.
Bristol, Virginia Renter-occupied units by year structure built**
The highest share of Bristol, Virginia apartment rentals, namely 22% or 583 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (18%, 478 units), and the ones Built 1950 - 1959 (15%, 405 units).
Bristol, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Bristol, Virginia renters (39%) moved in 2010 to 2017, while only 2% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Bristol, Virginia condos for rent is 2016.
Bristol, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 54% of Bristol, Virginia renters have 1 vehicle available per household, 21% of them have No vehicle available, and 18% have 2 vehicles available.
Bristol, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Bristol, 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 Bristol, 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
