Hampton, VA has a population of 136,789, including 51% black, 41% white, and 5% latino.
Population | 136,255 |
Median Age | 35.8 |
Poverty Rate | 15% |
Household Income | $52,021 |
Number Of Employees | 62,042 |
Median Property Value | $186,600 |
The median household income in Hampton, VA is around $49,890, while the median age is 35.6. This city is a home to major universities: Associate's Colleges: High Transfer-Mixed Traditional/Nontraditional, Associate's Colleges, and Thomas Nelson Community College. 60,826 employees work in Hampton, VA. The homeownership rate among the residents is 56.19%. The median property value that you should keep in mind is $187,700.
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $1,951 | -46% |
1-bed apartments | $2,355 | +3.9% |
2-bed apartments | $2,890 | -38.8% |
3-bed apartments | $4,903 | -27.8% |
4+ bed apartments | $5,563 | -53.6% |
Over the May 2023, the average rent for an apartment in/near Hampton, VA decreased by 43.5% to $3,519.
Compared to the last month, the average price for a rental studio in Hampton, VA has decreased by 46%. You can expect to rent the studio for $1,951 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 3.9% to $2,355. Pricing for 2-bed apartment also decreased by 38.8% and a place of this size will now cost you $2,890. 3-bed apartment rent pricing starts at $4,903, it decreased by 27.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 53.6% and made it down to $5,563.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $1,400 | -87% |
Rooms for rent | $825 | -13.2% |
Houses for rent | $5,377 | -33.3% |
Condos for rent | $1,075 | -83% |
Apartments for rent | $1,942 | -18.4% |
The median rent for an apartment in Hampton, VA decreased by 18.4% to $1,942. Statistics show that house rent price decreased by 33.3% this month making it up to $5,377. Condos faced an upward trend these days. The median rent for a condo decreased by 83%, it’s now available for $1,075. An average room will now go for $825, the median rent price for a room decreased by 13.2%. The median rent for a townhouse decreased by 87%, you’ll have to spend around $1,400 to get one.