Southern Gateway, 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 Southern Gateway, Virginia rental market.
Southern Gateway, Virginia
Average Apartment Rent
$1,921
Y-o-Y Change in Average
Apartment Rent
0%
As of March 2026
Compared to a year ago, Southern Gateway, Virginia apartments have recorded a 0% rent increase.
Southern Gateway, Virginia Average apartment rent trend
Southern Gateway, Virginia Average Apartment Rent
Southern Gateway, Virginia Apartment rent ranges
At 54.31%, apartments priced $1,500 - $2,000 represent the bulk of Southern Gateway, Virginia rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.44%.
Southern Gateway, Virginia Housing tenure**
Renters take up 66% of Southern Gateway, Virginia real estate, occupying a total of 727 units, while homeowners live in 379 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$71,875
Average household size of renter-occupied housing units**
2.28
Rental vacancy rate**
9.8%
Southern Gateway, Virginia Renter-occupied housing units by no. of bedrooms**
There are 300 rentals in Southern Gateway, Virginia with 2 beds making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 9 units. Overall, the median number of rooms in Southern Gateway, Virginia homes for rent is 4.6.
Southern Gateway, Virginia Renter-occupied units by age of householder**
Most condos for rent in Southern Gateway, Virginia are occupied by residents in the 15 - 24 years age group (29%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Southern Gateway, Virginia Renter-occupied housing units by family type**
Southern Gateway, Virginia Renter-occupied housing units by the presence of own children**
A total of 427 apartments for rent in Southern Gateway, Virginia, or 59% of all rentals are family households. Additionally, 53% of rental homes include children under the age of 18 – that’s 388 units. All in all, the median size of a renter-occupied household in Southern Gateway, Virginia is 2.28.
Southern Gateway, Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Southern Gateway, Virginia.
Southern Gateway, Virginia Renter-occupied units by year structure built**
The highest share of Southern Gateway, Virginia apartment rentals, namely 58% or 421 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (15%, 108 units), and the ones Built 2000 - 2009 (13%, 97 units).
Southern Gateway, Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Southern Gateway, Virginia renters (51%) moved in 2018 to 2020, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Southern Gateway, Virginia condos for rent is 2018.
Southern Gateway, Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Southern Gateway, Virginia renters have 1 vehicle available per household, 36% of them have 2 vehicles available, and 11% have 5 or more vehicles available.
Southern Gateway, Virginia Means of transportation to work of householders living in renter-occupied housing units**
Southern Gateway, 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 Southern Gateway, 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
