Downtown, Charlottesville City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Downtown, Charlottesville City, VA

Median Home Price Price

$615,521 $615.5K

Median Monthly Rent Rent

$1,842 $1.8K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Downtown, VA is $1,842, with MoM change +$14 and YoY change +$73 pointing to positive momentum while volatility is low (std $18).

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Metric

Base market Downtown, VA

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Delta vs base

Median rent

$1,842

N/A

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Median price

$615,521

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YoY change

+$73

N/A

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Price-to-rent

27.8x

Data unavailable

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