Short Pump, 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 Short Pump, Virginia rental market.
Short Pump, Virginia
Average Apartment Rent
$1,939
Y-o-Y Change in Average
Apartment Rent
1.6%
As of May 2026
Compared to a year ago, Short Pump, Virginia apartments have recorded a 1.6% rent increase.
Short Pump, Virginia Average apartment rent trend
Short Pump, Virginia Average Apartment Rent
Short Pump, Virginia Apartment rent ranges
At 48.52%, apartments priced $1,500 - $2,000 represent the bulk of Short Pump, Virginia rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.27%.
Short Pump, Virginia Housing tenure**
Renters take up 41% of Short Pump, Virginia real estate, occupying a total of 4,609 units, while homeowners live in 6,552 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$83,750
Average household size of renter-occupied housing units**
2.06
Rental vacancy rate**
3.7%
Short Pump, Virginia Renter-occupied housing units by no. of bedrooms**
There are 1,908 rentals in Short Pump, Virginia with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 77 units. Overall, the median number of rooms in Short Pump, Virginia homes for rent is 3.9.
Short Pump, Virginia Renter-occupied units by age of householder**
Most condos for rent in Short Pump, Virginia are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 35 - 44 years age group (25%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 3%.
Short Pump, Virginia Renter-occupied housing units by family type**
Short Pump, Virginia Renter-occupied housing units by the presence of own children**
A total of 2,098 apartments for rent in Short Pump, Virginia, or 46% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,335 units. All in all, the median size of a renter-occupied household in Short Pump, Virginia is 2.06.
Short Pump, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 66% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Short Pump, Virginia.
Short Pump, Virginia Renter-occupied units by year structure built**
The highest share of Short Pump, Virginia apartment rentals, namely 44% or 2,026 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (26%, 1,200 units), and the ones Built 2010 - 2019 (13%, 592 units).
Short Pump, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Short Pump, Virginia renters (52%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Short Pump, Virginia condos for rent is 2019.
Short Pump, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Short Pump, Virginia renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 6% have No vehicle available.
Short Pump, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Short Pump, 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 Short Pump, 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
