Cave Spring, VA Rental Market Trends
Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cave Spring is $1,411, a 5.04% increase compared to the previous year, when the average rent was $1,344.
One-bedroom apartments provide 758 square feet for $1,281, balancing privacy and affordability.
Two-beedroom units at $1,420 offer 993 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,198 sq ft) for $1,657, suitable for larger households.
Average rent in Cave Spring, VA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,411 | 948 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,281 | 758 sq. ft. |
| 2 Beds | $1,420 | 993 sq. ft. |
| 3 Beds | $1,657 | 1,198 sq. ft. |
Cave Spring, VA rent trends
Rental prices in Cave Spring, VA have increased by 5.04% over the past year. The average rent moved from $1,344 to $1,411.
What's the typical rent budget in Cave Spring, VA?
The largest share of rentals in Cave Spring, VA (64%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cave Spring, VA?
3,289 or 30% of the households in Cave Spring, VA are renter-occupied while 7,678 or 70% are owner-occupied.
How Cave Spring Compares to Other Cities
| City | Average Rent |
|---|---|
| Cave Spring | $1,411 |
| Richmond | $1,590 |
| Arlington | $2,643 |
| Alexandria | $2,140 |
| Newport News | $1,424 |
| Virginia Beach | $1,743 |
| Norfolk | $1,564 |
| Henrico | $1,589 |
| Woodbridge | $2,086 |
| Charlottesville | $2,101 |
| Roanoke | $1,373 |
| Hollins | $1,373 |
| Merrimac | $781 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cave Spring apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.