Staunton, 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 Staunton, Virginia rental market.

Staunton, Virginia

Average Apartment Rent

$1,395

Y-o-Y Change in Average
Apartment Rent

-1.3%

As of March 2026

Compared to a year ago, Staunton, Virginia apartments have recorded a -1.3% rent decrease.

Staunton, Virginia Average apartment rent trend

Median Rent Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Staunton $1,283 $1,305 $1,342 $1,414 $1,422 $1,452 $1,395
National $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749
Staunton
National
Mar 2024
$1,283
$1,724
Jul 2024
$1,305
$1,729
Nov 2024
$1,342
$1,750
Mar 2025
$1,414
$1,743
Jul 2025
$1,422
$1,749
Nov 2025
$1,452
$1,763
Mar 2026
$1,395
$1,749

Staunton, Virginia Average Apartment Rent

Staunton, 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 55.07%, apartments priced $1,000 - $1,500 represent the bulk of Staunton, Virginia rentals, while condos priced Under $1,000 hold the lowest share of the market – 8.59%.

Staunton, Virginia Housing tenure**

Renter occupied housing units 4,483
Owner occupied housing units 6,581

Renters take up 41% of Staunton, Virginia real estate, occupying a total of 4,483 units, while homeowners live in 6,581 properties.

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

4.5

Renter median household income**

$40,282

Average household size of renter-occupied housing units**

2.02

Rental vacancy rate**

6.2%

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

No bedrooms 220
1 bed 1,090
2 beds 1,763
3 beds 1,162
4 beds 184
5 or more beds 64

There are 1,763 rentals in Staunton, Virginia with 2 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 64 units. Overall, the median number of rooms in Staunton, Virginia homes for rent is 4.5.

Staunton, Virginia Renter-occupied units by age of householder**

15 - 24 years 282
25 - 34 years 949
35 - 44 years 592
45 - 54 years 760
55 - 59 years 388
60 - 64 years 242
65 - 74 years 516
75 - 84 years 427
85 years and over 327

Most condos for rent in Staunton, Virginia are occupied by residents in the 25 - 34 years age group (21%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 5%.

Staunton, Virginia Renter-occupied housing units by family type**

Family households 2,005
Non-Family Households 2,478

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

With related children of the householder under 18 1,195
No related children of the householder under 18 3,288

A total of 2,005 apartments for rent in Staunton, Virginia, or 45% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 1,195 units. All in all, the median size of a renter-occupied household in Staunton, Virginia is 2.02.

Staunton, Virginia Renter-occupied housing units by educational attainment**

Less than high school graduate 463
High school graduate (including equivalency) 1,298
Some college or associate's degree 1,628
Bachelor's degree or higher 1,094

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 10% of the homes for rent in Staunton, Virginia.

Staunton, Virginia Renter-occupied units by year structure built**

Built 2010 - 2019 230
Built 2000 - 2009 487
Built 1990 - 1999 328
Built 1980 - 1989 576
Built 1970 - 1979 424
Built 1960 - 1969 752
Built 1950 - 1959 630
Built 1940 - 1949 110
Built 1939 or earlier 940

The highest share of Staunton, Virginia apartment rentals, namely 21% or 940 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (17%, 752 units), and the ones Built 1950 - 1959 (14%, 630 units).

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

Moved in 2021 or later 465
Moved in 2018 to 2020 1,739
Moved in 2010 to 2017 1,576
Moved in 2000 to 2009 402
Moved in 1990 to 1999 145
Moved in 1989 or earlier 156

Median year renter moved into unit 2018

Most Staunton, Virginia renters (39%) moved in 2018 to 2020, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Staunton, Virginia condos for rent is 2018.

Staunton, Virginia Renter-occupied housing units by vehicles available**

No vehicle available 847
1 vehicle available 2,222
2 vehicles available 1,068
3 vehicles available 290
5 or more vehicles available 44

When it comes to transportation options, 50% of Staunton, Virginia renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 19% have No vehicle available.

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

Car, truck, or van - drove alone 3,103
Car, truck, or van - carpooled 398
Walked 116
Taxicab, motorcycle, bicycle, or other means 62
Worked at home 188

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

Same house as 1 year ago 6,543
Moved within same county 878
Moved from different county within same state 1,129
Moved from different state 288
Moved from abroad 136

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 Staunton, 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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