How much does it cost to rent an apartment in 23116?
23116 apartments
Bed TypeAverage RentRange
2BR$1,700
$1,590 - $1,870
Frequently Asked Questions
How many apartments are available in 23116 on Rentable.co?
Rentable.co has 3 apartments available for rent in 23116.
What is the average rent for an apartment in 23116?
The average rent for an apartment in 23116 is around $1,720 per month.
What is the average rent for a two-bedroom apartment in 23116?
The average rent for a two-bedroom apartment in 23116 is around $1,700 per month.
Find an Apartment in 23116
Looking for apartments for rent in 23116 Mechanicsville, VA? Rentable has multiple options available for you. Currently, there are a total of 17 units available in this zip code. The average rent for these apartments is $1,760.
If you're looking for the most affordable option, you can find a 2-bedroom unit starting at just $1,622. Whether you're searching for a studio, one-bedroom, or two-bedroom apartment, there are choices to fit your needs.
Start your search for apartments near 23116 Mechanicsville, VA and find the perfect place to call home on Rentable.
Mechanicsville: November Rent Report
Welcome to the November 2024 Mechanicsville Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
November 2024 key findings and figures for the Mechanicsville rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Mechanicsville and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Mechanicsville average rent prices in the chart below.
Monthly Rent Report
$2,150
$1,610
$1,080
$540
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR2 BR
Mechanicsville Rent Prices Decrease From October to November
Mechanicsville rent prices decreased over the last month. From October to November, the city experienced a -0.21% decrease for the price of a one-bedroom apartment. The rent price for a Mechanicsville one-bedroom apartments currently stands at $943.0.
When we take a look at the two-bedroom comparison from October to November, Mechanicsville experienced a 0.44% increase for the price of a two-bedroom apartment. The rent price for a Mechanicsville two-bedroom apartments currently stands at $2,055.0.
November Prices: Mechanicsville vs. Surrounding Areas
Rent Prices in Mechanicsville and Surrounding Areas
Rent prices have decreased in Mechanicsville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Mechanicsville suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Mechanicsville suburbs
Rents did not decrease in any of the Mechanicsville suburbs.
November 2024 Pricing Trends: Mechanicsville vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent
Mechanicsville Rent Prices More Affordable Than Major Cities
Rent growth in Mechanicsville over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Mechanicsville average rent prices appear to be
relatively affordable for local residents.
The price for a Mechanicsville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Mechanicsville and surrounding area rent prices, take a look at the complete data set below.
Data set for Mechanicsville and suburbs
1 BR November
1 BR M/M % Change
2 BR November
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.