Lake Barcroft, 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 Lake Barcroft, Virginia rental market.

Lake Barcroft, Virginia

Average Apartment Rent

$2,350

Y-o-Y Change in Average
Apartment Rent

-0.7%

As of July 2026

Compared to a year ago, Lake Barcroft, Virginia apartments have recorded a -0.7% rent decrease.

Lake Barcroft, Virginia Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026 Jul 2026
Lake Barcroft $2,194 $2,228 $2,294 $2,323 $2,353 $2,364 $2,319 $2,307 $2,350
National $1,728 $1,734 $1,755 $1,747 $1,753 $1,767 $1,752 $1,750 $1,771
Lake Barcroft
National
Nov 2023
$2,194
$1,728
Mar 2024
$2,228
$1,734
Jul 2024
$2,294
$1,755
Nov 2024
$2,323
$1,747
Mar 2025
$2,353
$1,753
Jul 2025
$2,364
$1,767
Nov 2025
$2,319
$1,752
Mar 2026
$2,307
$1,750
Jul 2026
$2,350
$1,771

Lake Barcroft, Virginia Average Apartment Rent

Lake Barcroft, 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 39.72%, apartments priced $2,000 - $2,500 represent the bulk of Lake Barcroft, Virginia rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 1.9%.

Lake Barcroft, Virginia Housing tenure**

Renter occupied housing units 1,212
Owner occupied housing units 2,685

Renters take up 31% of Lake Barcroft, Virginia real estate, occupying a total of 1,212 units, while homeowners live in 2,685 properties.

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

3.8

Renter median household income**

$76,082

Average household size of renter-occupied housing units**

2.44

Rental vacancy rate**

1.4%

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

No bedrooms 112
1 bed 400
2 beds 372
3 beds 198
4 beds 119
5 or more beds 11

There are 400 rentals in Lake Barcroft, Virginia with 1 bed making up the highest share of the market, at 33%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 11 units. Overall, the median number of rooms in Lake Barcroft, Virginia homes for rent is 3.8.

Lake Barcroft, Virginia Renter-occupied units by age of householder**

15 - 24 years 98
25 - 34 years 237
35 - 44 years 120
45 - 54 years 346
55 - 59 years 38
60 - 64 years 122
65 - 74 years 154
75 - 84 years 97

Most condos for rent in Lake Barcroft, Virginia are occupied by residents in the 45 - 54 years age group (29%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.

Lake Barcroft, Virginia Renter-occupied housing units by family type**

Family households 606
Non-Family Households 606

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

With related children of the householder under 18 236
No related children of the householder under 18 976

A total of 606 apartments for rent in Lake Barcroft, Virginia, or 50% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 236 units. All in all, the median size of a renter-occupied household in Lake Barcroft, Virginia is 2.44.

Lake Barcroft, Virginia Renter-occupied housing units by educational attainment**

Less than high school graduate 117
High school graduate (including equivalency) 134
Some college or associate's degree 276
Bachelor's degree or higher 685

In terms of education, renters holding bachelor degrees or higher make up 57% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Lake Barcroft, Virginia.

Lake Barcroft, Virginia Renter-occupied units by year structure built**

Built 2010 - 2019 12
Built 2000 - 2009 18
Built 1990 - 1999 44
Built 1980 - 1989 205
Built 1970 - 1979 243
Built 1960 - 1969 463
Built 1950 - 1959 145
Built 1940 - 1949 52
Built 1939 or earlier 30

The highest share of Lake Barcroft, Virginia apartment rentals, namely 38% or 463 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (20%, 243 units), and the ones Built 1980 - 1989 (17%, 205 units).

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

Moved in 2021 or later 93
Moved in 2018 to 2020 322
Moved in 2010 to 2017 484
Moved in 2000 to 2009 306

Median year renter moved into unit 2015

Most Lake Barcroft, Virginia renters (40%) moved in 2010 to 2017, while only 8% of them moved in 2021 or later. Overall, the median year renters have occupied their Lake Barcroft, Virginia condos for rent is 2015.

Lake Barcroft, Virginia Renter-occupied housing units by vehicles available**

No vehicle available 236
1 vehicle available 538
2 vehicles available 241
3 vehicles available 141
4 or more vehicles available 56

When it comes to transportation options, 44% of Lake Barcroft, Virginia renters have 1 vehicle available per household, 20% of them have 2 vehicles available, and 19% have No vehicle available.

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

Car, truck, or van - drove alone 1,131
Car, truck, or van - carpooled 174
Public transportation (excluding taxicab) 139
Walked 71
Worked at home 403

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

Same house as 1 year ago 2,562
Moved within same county 134
Moved from different county within same state 187
Moved from different state 35
Moved from abroad 39

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 Lake Barcroft, 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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