Glen Allen, 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 Glen Allen, Virginia rental market.
Glen Allen, Virginia
Average Apartment Rent
$1,928
Y-o-Y Change in Average
Apartment Rent
7.5%
As of May 2026
Compared to a year ago, Glen Allen, Virginia apartments have recorded a 7.5% rent increase.
Glen Allen, Virginia Average apartment rent trend
Glen Allen, Virginia Average Apartment Rent
Glen Allen, Virginia Apartment rent ranges
At 56.51%, apartments priced $1,500 - $2,000 represent the bulk of Glen Allen, Virginia rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.38%.
Glen Allen, Virginia Housing tenure**
Renters take up 26% of Glen Allen, Virginia real estate, occupying a total of 1,662 units, while homeowners live in 4,677 properties.
Median number of rooms of renter-occupied housing units**
5.5
Renter median household income**
$80,714
Average household size of renter-occupied housing units**
2.7
Rental vacancy rate**
1.4%
Glen Allen, Virginia Renter-occupied housing units by no. of bedrooms**
There are 627 rentals in Glen Allen, Virginia with 2 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 9 units. Overall, the median number of rooms in Glen Allen, Virginia homes for rent is 5.5.
Glen Allen, Virginia Renter-occupied units by age of householder**
Most condos for rent in Glen Allen, Virginia are occupied by residents in the 35 - 44 years age group (33%), followed by those in the 45 - 54 years age group (26%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.
Glen Allen, Virginia Renter-occupied housing units by family type**
Glen Allen, Virginia Renter-occupied housing units by the presence of own children**
A total of 1,164 apartments for rent in Glen Allen, Virginia, or 70% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 704 units. All in all, the median size of a renter-occupied household in Glen Allen, Virginia is 2.7.
Glen Allen, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Glen Allen, Virginia.
Glen Allen, Virginia Renter-occupied units by year structure built**
The highest share of Glen Allen, Virginia apartment rentals, namely 27% or 455 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (19%, 311 units), and the ones Built 2010 - 2019 (17%, 286 units).
Glen Allen, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Glen Allen, Virginia renters (53%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Glen Allen, Virginia condos for rent is 2017.
Glen Allen, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Glen Allen, Virginia renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 16% have 3 vehicles available.
Glen Allen, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Glen Allen, 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 Glen Allen, 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
