Rentometer, Inc. | Data as of 10/22/2025
Ashland, Virginia, offers a vibrant rental market that blends historic charm with modern convenience. Nestled along the scenic James River and just a short drive from the cultural hub of Richmond, the city attracts professionals, students, and families seeking a balanced lifestyle. Its walkable downtown features boutique shops, acclaimed eateries, and the iconic Ashland Train Station—a nostalgic reminder of the town’s rich railway heritage. Proximity to the University of Richmond and several tech corridors further fuels demand for quality rental homes.
Apartment living dominates the local market, with a range of options from efficient one‑bedroom units to spacious three‑bedroom layouts. Prospective renters can find one‑bedroom apartments typically priced in the $1,400 s, while two‑bedroom units commonly sit in the $1,700 s. Larger three‑bedroom apartments trend toward the $1,900 s, offering ample space for families or roommates. These price points reflect a competitive yet affordable environment compared to neighboring metropolitan areas, making Ashland an appealing choice for both first‑time renters and seasoned tenants.
The city’s appeal extends beyond its housing stock. Residents enjoy easy access to outdoor recreation at the nearby James River Park System, cultural events at the Ashland Performing Arts Center, and seasonal festivals that celebrate local art and cuisine. With excellent schools, a strong sense of community, and convenient commuter routes, Ashland’s rental market continues to thrive as a desirable place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,472 | $1,444 | $1,393 - $1,579 | $1,393 - $1,579 |
| Apartment | 2 Bedroom | $1,682 | $1,749 | $1,502 - $1,795 | $1,502 - $1,795 |
| Apartment | 3 Bedroom | $1,949 | $2,199 | $1,401 - $2,249 | $1,401 - $2,249 |
In the current period, the average rent in Ashland was $1,472 for 1 Bedroom, $1,682 for 2 Bedroom, and $1,950 for 3 Bedroom.
Data provided by Rentometer, Inc.