Petersburg is an independent city located at the fall line of the Appomattox River, just south of Richmond, with a rich history dating back to 1645 when Fort Henry first attracted traders and settlers to the area. Those looking for apartments for rent in Petersburg will find an affordable housing market with average rents significantly below state and national averages, making it an attractive option for budget-conscious renters seeking historic charm combined with convenience.
Renting in Petersburg offers access to the well-preserved Old Towne district, where antique architecture has been updated with contemporary amenities alongside newer apartment communities that provide modern living spaces. The city sits at the intersection of Interstate 85 and Interstate 95, providing convenient commutes to Richmond and the Tidewater region, while Petersburg Area Transit connects residents throughout the city. Renters can enjoy the River Street Market, explore over 330 acres at Lee Memorial Park, and take advantage of the downtown area's coffee shops, restaurants, and boutiques along historic Cockade Alley, all while benefiting from a cost of living that runs below both state and national averages.
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The average rent in Petersburg, VA is $1,100.
The average rent for a studio apartment in Petersburg, VA is $933.
The average rent for a 1 bedroom apartment in Petersburg, VA is $1,100.
The average rent for a 2 bedroom apartment in Petersburg, VA is $1,264.
The average rent for a 3 bedroom apartment in Petersburg, VA is $1,777.
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Note: Based on community-supplied data and independent market research. Subject to change without notice.