Mechanicsville, 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 Mechanicsville, Virginia rental market.
Mechanicsville, Virginia
Average Apartment Rent
$1,727
Y-o-Y Change in Average
Apartment Rent
1.1%
As of May 2026
Compared to a year ago, Mechanicsville, Virginia apartments have recorded a 1.1% rent increase.
Mechanicsville, Virginia Average apartment rent trend
Mechanicsville, Virginia Average Apartment Rent
Mechanicsville, Virginia Apartment rent ranges
At 66.13%, apartments priced $1,500 - $2,000 represent the bulk of Mechanicsville, Virginia rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 11.31%.
Mechanicsville, Virginia Housing tenure**
Renters take up 22% of Mechanicsville, Virginia real estate, occupying a total of 3,333 units, while homeowners live in 11,708 properties.
Median number of rooms of renter-occupied housing units**
4.8
Renter median household income**
$54,303
Average household size of renter-occupied housing units**
2.29
Rental vacancy rate**
1.7%
Mechanicsville, Virginia Renter-occupied housing units by no. of bedrooms**
There are 1,199 rentals in Mechanicsville, Virginia with 2 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 102 units. Overall, the median number of rooms in Mechanicsville, Virginia homes for rent is 4.8.
Mechanicsville, Virginia Renter-occupied units by age of householder**
Most condos for rent in Mechanicsville, Virginia are occupied by residents in the 25 - 34 years age group (20%), followed by those in the 35 - 44 years age group (14%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 6%.
Mechanicsville, Virginia Renter-occupied housing units by family type**
Mechanicsville, Virginia Renter-occupied housing units by the presence of own children**
A total of 1,637 apartments for rent in Mechanicsville, Virginia, or 49% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 963 units. All in all, the median size of a renter-occupied household in Mechanicsville, Virginia is 2.29.
Mechanicsville, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Mechanicsville, Virginia.
Mechanicsville, Virginia Renter-occupied units by year structure built**
The highest share of Mechanicsville, Virginia apartment rentals, namely 23% or 766 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (21%, 715 units), and the ones Built 1970 - 1979 (21%, 692 units).
Mechanicsville, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Mechanicsville, Virginia renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Mechanicsville, Virginia condos for rent is 2016.
Mechanicsville, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 40% of Mechanicsville, Virginia renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 15% have 3 vehicles available.
Mechanicsville, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Mechanicsville, 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 Mechanicsville, 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
