Lake Ridge, VA has a population of 44,552, while the median age is 36. The household income in Lake Ridge, VA is around $98,145. The homeownership rate among the residents is 74%. The median residential property value in Lake Ridge, VA that you should keep in mind is $321,700.
|Number Of Employees||23,320|
|Median Property Value||$321,700|
|Rent Price||Feb||vs Last Month|
|4+ bed apartments||$2,919||+5.7%|
Over the February 2023, the average rent for an apartment in/near Lake Ridge, VA increased by 1.4% to $2,150.
Compared to the last month, the average price for a rental studio in Lake Ridge, VA has decreased by 6.9%. You can expect to rent the studio for $1,514 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 1.1% to $1,590. Pricing for 2-bed apartment also increased by 6.1% and a place of this size will now cost you $2,016. 3-bed apartment rent pricing starts at $2,380, it increased by 2.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 5.7% and made it up to $2,919.
|Rent Type Price||Feb||vs Last Month|
|Townhouses for rent||$2,281||+0.1%|
|Houses for rent||$2,714||+4.6%|
|Apartments for rent||$1,839||+2.8%|
|Condos for rent||$1,950||-6%|
|Rooms for rent||$1,250||N/A|
The median rent for an apartment in Lake Ridge, VA increased by 2.8% to $1,839. Statistics show that house rent price increased by 4.6% this month making it up to $2,714. Condos faced an upward trend these days. The median rent for a condo decreased by 6%, it’s now available for $1,950. If you’re looking for a room, the price tag still starts at $1,250. The median price did not change this time. The median rent for a townhouse increased by 0.1%, you’ll have to spend around $2,281 to get one.