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 June 2026, the average rent in Ferrum, VA is $695 per month, which is 64% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$695
-53.7%-$805 decrease month-over-month
$695 increase year-over-year
AVAILABLE RENTALS
1
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Ferrum, VA at $695 per month, while houses are the most expensive at $1,550 per month. Townhomes average $900 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $900 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | — |
| All | $695 |
As of June 2026, the average rent for a 2 bedroom rental in Ferrum, VA is $900 per month, followed by $1,550 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $900 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $900 |
As of June 2026, the average rent for a 2 bedroom townhome in Ferrum, VA is $900 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $695 |
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | — |
| All | $1,550 |
As of June 2026, the average rent for a 3 bedroom house in Ferrum, VA is $1,550 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -40% compared to the previous year, which is a $800 decrease.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $695 to $1,550.
