Rentometer, Inc. | Data as of 10/22/2025
Fair Oaks, Virginia, offers a dynamic rental landscape that blends suburban comfort with easy access to the cultural and employment hubs of Richmond. Residents enjoy tree‑lined streets, well‑maintained parks, and a convenient location near major corridors such as I‑95 and I‑64. The area’s proximity to the popular Fair Oaks Mall, historic sites, and a variety of dining and entertainment options makes it an attractive choice for professionals, families, and retirees seeking a balanced lifestyle.
The rental inventory in Fair Oaks is diverse, featuring both apartments and single‑family homes. Studio apartments typically sit in the $1900s, while one‑bedroom units are commonly found in the $2100s. Two‑bedroom apartments trend toward the $2600s, and larger three‑bedroom units approach the $3200s range. For those preferring a house, two‑bedroom homes usually rent around $2800‑$2900, three‑bedroom properties hover near $3600, and spacious four‑plus bedroom homes exceed $4500. Neighborhoods such as Westover Hills and Colonial Estates are known for well‑kept rental homes, and many apartments are situated within walking distance of the mall, schools, and transit hubs.
Whether you are searching for a modern apartment with amenities or a spacious house for a growing family, Fair Oaks rental market delivers a range of options to suit varied needs. The blend of convenient location, community amenities, and competitive rental rates makes Fair Oaks a compelling destination for those looking to call Virginia home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,898 | $1,922 | $1,717 - $2,033 | $1,910 - $2,033 |
| Apartment | 1 Bedroom | $2,090 | $2,141 | $680 - $2,887 | $1,970 - $2,265 |
| Apartment | 2 Bedroom | $2,603 | $2,599 | $1,450 - $3,458 | $2,445 - $2,800 |
| Apartment | 3 Bedroom | $3,262 | $3,202 | $1,725 - $4,535 | $2,991 - $3,400 |
| House | 2 Bedroom | $2,915 | $2,795 | $2,750 - $3,200 | $2,750 - $3,200 |
| House | 3 Bedroom | $3,689 | $3,650 | $3,000 - $4,200 | $3,600 - $3,995 |
| House | 4+ Bedroom | $4,580 | $4,500 | $3,950 - $5,500 | $4,200 - $4,750 |
In the current period, the average rent in Fair Oaks was $1,899 for Studio, $2,103 for 1 Bedroom, $2,617 for 2 Bedroom, $3,381 for 3 Bedroom, and $4,738 for 4+ Bedroom.
Data provided by Rentometer, Inc.