$1,475 Per Month
- 2 Beds
- 1 Bath
- 875 Sq Ft
- Townhouse for Rent
1107 River Ct Unit B, Charlottesville, VA 22901
1107 River Ct Unit B, Charlottesville, VA 22901
Frequently Asked Questions
How much does it cost to rent a townhouse in Charlottesville, VA?
The median rent for a townhouse in Charlottesville, VA is $2,325 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Charlottesville, VA?
To comfortably afford the median rent in Charlottesville, VA, a household needs to earn roughly $82,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,065 per month in Charlottesville, VA, renters typically need to show $6,195 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Charlottesville, VA?
In Charlottesville, VA, the price-to-rent ratio is 21.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Charlottesville, VA are best for renting a townhouse?
The best neighborhood for renting in Charlottesville, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Belmont, Fifeville, Jefferson Park Avenue, Ridge Street and Fry's Spring, each with its own character and price range.
