124 Luxury Apartments for rent in Williamsburg, VA

Last updated May 27 at 6:23pm UTC
3909 Guildford LN
Williamsburg
Williamsburg, VA
Updated May 27 at 1:38pm UTC
4 Bedrooms
$2,400
207 Bristol CMN
Williamsburg
Williamsburg, VA
Updated May 27 at 1:37pm UTC
2 Bedrooms
$1,250
105 Tarleton Bivouac
Williamsburg
Williamsburg, VA
Updated May 27 at 10:23am UTC
3 Bedrooms
$1,250
4224 Falcon Creek Drive
Williamsburg
Williamsburg, VA
Updated May 27 at 10:23am UTC
3 Bedrooms
$1,700
603 Westgate Circle
Williamsburg
Williamsburg, VA
Updated May 27 at 10:22am UTC
2 Bedrooms
$1,600
6359 Glenwilton Lane
Williamsburg
Williamsburg, VA
Updated May 27 at 10:19am UTC
3 Bedrooms
$2,020
115 Yacht Court
Williamsburg
Williamsburg, VA
Updated May 27 at 10:19am UTC
5 Bedrooms
$2,250
4256 Birdella Drive
Williamsburg
Williamsburg, VA
Updated May 27 at 10:18am UTC
3 Bedrooms
$1,450
608 Capitol Landing Road
Second Street
Williamsburg, VA
Updated May 26 at 9:56am UTC
3 Bedrooms
$1,400
106 Bronze Ct
Williamsburg
Williamsburg, VA
Updated May 26 at 9:56am UTC
4 Bedrooms
$2,150
4609 Noland Blvd
Williamsburg
Williamsburg, VA
Updated May 26 at 9:51am UTC
3 Bedrooms
$1,500
4014 Luminary Dr
Williamsburg
Williamsburg, VA
Updated May 25 at 4:58pm UTC
3 Bedrooms
$1,600
5336 Rockingham DR
Williamsburg
Williamsburg, VA
Updated May 25 at 2:32pm UTC
4 Bedrooms
$1,850
608 Capitol Landing Road
Second Street
Williamsburg, VA
Updated May 25 at 2:29pm UTC
3 Bedrooms
$1,400
4014 Luminary Dr
Williamsburg
Williamsburg, VA
Updated May 26 at 1:47pm UTC
3 Bedrooms
$1,600
106 Clarendon Court
Williamsburg
Williamsburg, VA
Updated May 26 at 9:56am UTC
3 Bedrooms
$1,650
5504 North Mallard Run
Williamsburg
Williamsburg, VA
Updated May 26 at 3:52am UTC
4 Bedrooms
$2,200
4604 Noland Boulevard
Williamsburg
Williamsburg, VA
Updated May 25 at 3:29pm UTC
3 Bedrooms
$1,795
1406 Braemar
Williamsburg
Williamsburg, VA
Updated May 25 at 3:26pm UTC
2 Bedrooms
$1,450
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May 2018 Williamsburg Rent Report

Welcome to the May 2018 Williamsburg Rent Report. Williamsburg rents remained steady over the past month. In this report, we'll evaluate trends in the Williamsburg rental market, including comparisons to cities throughout the state and nation.

View full Williamsburg Rent Report
Rent Report
Williamsburg

May 2018 Williamsburg Rent Report

Welcome to the May 2018 Williamsburg Rent Report. Williamsburg rents remained steady over the past month. In this report, we'll evaluate trends in the Williamsburg rental market, including comparisons to cities throughout the state and nation.

Williamsburg rents held steady over the past month

Over the past month Williamsburg rents have remained steady. Currently, median rents in Williamsburg stand at $990 for a one-bedroom apartment and $1,180 for a two-bedroom. Williamsburg's year-over-year rent growth lags the state average of 0.9%, as well as the national average of 1.5%.

Rents rising across cities in Virginia

Throughout the past year, rents have remained steady in the city of Williamsburg, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Virginia, 9 of them have seen prices rise. The state as a whole logged rent growth of 0.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Arlington is the most expensive of all Virginia's major cities, with a median two-bedroom rent of $2,020; of the 10 largest Virginia cities that we have data for, 9 have seen rents rise year-over-year, with Richmond experiencing the fastest growth (+3.1%).
  • Chesapeake, Hampton, and Newport News have all experienced year-over-year growth above the state average (2.0%, 1.6%, and 1.5%, respectively).

Williamsburg rents more affordable than many large cities nationwide

Rent growth in Williamsburg has been relatively stable over the past year - some other large cities have seen more substantial increases. Williamsburg is still more affordable than most large cities across the country.

  • Williamsburg's median two-bedroom rent of $1,180 is slightly above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Williamsburg.
  • While rents in Williamsburg remained moderately stable this year, similar cities saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%); note that median 2BR rents in these cities go for $1,030, $1,170, and $1,320 respectively.
  • Renters will find more reasonable prices in Williamsburg than most large cities. For example, San Francisco has a median 2BR rent of $3,060, which is more than two-and-a-half times the price in Williamsburg.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Virginia Beach $1,060 $1,280 0.3% 1.5%
Norfolk $790 $950 -0.1% 0.4%
Chesapeake $990 $1,190 0.0% 2.0%
Newport News $840 $1,010 -0.3% 1.5%
Hampton $860 $1,040 0.5% 1.6%
Portsmouth $760 $920 -0.1% 0.6%
Suffolk $900 $1,090 -0.0% 0.3%
Williamsburg $990 $1,180 0.2% 0.3%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.