What's the average rent in Ferrum, VA?
Rental Market Trends in Ferrum, VA
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Ferrum, VA is $800 per month, which is 59% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$800
0.0%No change month over month
-3.0%-$25 decrease year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, apartments are the most affordable rental option in Ferrum, VA at $675 per month, while houses are the most expensive at $1,050 per month. Townhomes average $800 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $675 |
| 2 Bedrooms | $800 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $800 |
As of November 2026, the average rent for a 1 bedroom rental in Ferrum, VA is $675 per month, followed by $800 for a 2 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $800 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $800 |
As of November 2026, the average rent for a 2 bedroom townhome in Ferrum, VA is $800 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $675 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $675 |
As of November 2026, the average rent for a 1 bedroom apartment in Ferrum, VA is $675 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,050 |
As of November 2026, the average rent for a 2 bedroom house in Ferrum, VA is $1,050 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -25% compared to the previous year, which is a $225 decrease.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $675 to $800.
