Rentometer, Inc. | Data as of 10/23/2025
Radford, Virginia, blends a vibrant college-town atmosphere with historic charm, offering residents easy access to the New River Valley, the renowned Virginia Tech Carilion Research Institute, and a lively downtown district filled with boutique shops, cafés, and cultural venues. The city’s walkable neighborhoods, tree‑lined streets, and proximity to outdoor recreation such as the Jefferson National Forest make it an attractive destination for students, young professionals, and families alike.
The local rental market reflects a diverse inventory of both apartments and single‑family homes. One‑bedroom apartments generally rent in the $800‑$900 range, while two‑bedroom units are commonly found in the $700‑$800 bracket. Smaller three‑bedroom apartments tend to be more affordable, often below $600, and larger four‑plus bedroom apartments average around the $900 range. For those seeking more space, three‑bedroom houses command higher rents, typically falling between $1,300 and $1,500. This mix of options provides flexibility for a wide range of budgets and lifestyle preferences, from compact living spaces near campus to spacious homes in quieter residential enclaves.
Popular neighborhoods such as Downtown Radford, the historic Oak Park area, and the newer Virginia Tech Campus district each offer distinct advantages. Downtown appeals to renters who enjoy vibrant nightlife and walkability, while Oak Park provides a quiet, family‑friendly environment with mature trees and well‑maintained parks. The campus district attracts students and faculty with convenient access to academic facilities and public transit. Together, these neighborhoods contribute to a dynamic rental landscape that supports a high quality of life for all who call Radford home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $886 | $884 | $800 - $975 | $809 - $975 |
| Apartment | 2 Bedroom | $780 | $690 | $500 - $1,250 | $515 - $1,000 |
| Apartment | 3 Bedroom | $596 | $465 | $396 - $1,230 | $409 - $625 |
| Apartment | 4+ Bedroom | $901 | $615 | $275 - $1,775 | $415 - $1,375 |
| House | 3 Bedroom | $1,352 | $1,500 | $600 - $1,600 | $1,460 - $1,600 |
In the current period, the average rent in Radford was
$886 for 1 Bedroom,
$897 for 2 Bedroom,
$857 for 3 Bedroom, and
$978 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.