Timberlake, 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 Timberlake, Virginia rental market.
Timberlake, Virginia
Average Apartment Rent
$1,143
Y-o-Y Change in Average
Apartment Rent
-1.1%
As of March 2026
Compared to a year ago, Timberlake, Virginia apartments have recorded a -1.1% rent decrease.
Timberlake, Virginia Average apartment rent trend
Timberlake, Virginia Average Apartment Rent
Timberlake, Virginia Apartment rent ranges
At 95.53%, apartments priced $1,000 - $1,500 represent the bulk of Timberlake, Virginia rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 1.49%.
Timberlake, Virginia Housing tenure**
Renters take up 36% of Timberlake, Virginia real estate, occupying a total of 1,877 units, while homeowners live in 3,323 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$53,742
Average household size of renter-occupied housing units**
2.35
Rental vacancy rate**
5.3%
Timberlake, Virginia Renter-occupied housing units by no. of bedrooms**
There are 1,093 rentals in Timberlake, Virginia with 2 beds making up the highest share of the market, at 58%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 18 units. Overall, the median number of rooms in Timberlake, Virginia homes for rent is 4.3.
Timberlake, Virginia Renter-occupied units by age of householder**
Most condos for rent in Timberlake, Virginia are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 45 - 54 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Timberlake, Virginia Renter-occupied housing units by family type**
Timberlake, Virginia Renter-occupied housing units by the presence of own children**
A total of 859 apartments for rent in Timberlake, Virginia, or 46% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 427 units. All in all, the median size of a renter-occupied household in Timberlake, Virginia is 2.35.
Timberlake, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 39% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Timberlake, Virginia.
Timberlake, Virginia Renter-occupied units by year structure built**
The highest share of Timberlake, Virginia apartment rentals, namely 22% or 419 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (21%, 391 units), and the ones Built 1990 - 1999 (13%, 240 units).
Timberlake, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Timberlake, Virginia renters (39%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Timberlake, Virginia condos for rent is 2018.
Timberlake, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 43% of Timberlake, Virginia renters have 2 vehicles available per household, 42% of them have 1 vehicle available, and 9% have 3 vehicles available.
Timberlake, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Timberlake, 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 Timberlake, 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
