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Property Managers in Hopewell, VA

Compare top property management companies in Hopewell, VA. Review services and vetting status, then reach out or request a free quote.

Parr & Abnernathy Realty, Inc.
Dawn Jones
Hopewell, VA
Unverified
›
Virginia Common Rentals LLC
Hopewell, VA
Unverified
›

Rental market in Hopewell: rising rents

In Hopewell, Census median gross rent rose about 19.1% over the last five years, rents on a clear upward path. The market also shows a population of 43,146, up 13.2% over five years, three-bedroom rents about 11% below the U.S. average, and renters in 25.7% of homes. The typical home is valued near $293,400, and the median household earns about $84,897 a year, with renters spending a median 28.0% of income on rent.

Market at a glance

Rents & affordability

-10% 2-bed vs U.S. rent
-11% 3-bed vs U.S. rent
-6% 4-bed vs U.S. rent
+19.1% Rent trend, 5-yr
28.0% Rent-to-income

People & households

25.7% Renter-occupied
43,146 Population
+13.2% Population, 5-yr
$84,897 Median household income

Housing stock

4.5% Vacancy rate
$293,400 Median home value
1992 Median year built
85.5% Single-family homes

Jobs

3.6% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -10% 3-bed -11% 4-bed -6%
Who rents vs owns
Renters 25.7% Owners 74.3%

In Hopewell, a professional property manager can take on pricing, marketing, screening, collections, and upkeep so you do not have to. About 85.5% of local housing is single-family, a common focus for rental owners. With vacancy near 4.5%, rent positioning and days on market can shape your return. Area unemployment is 3.6% as of August 2026. Browse the managers here and request pricing.

These numbers cover long-term residential rentals only, not vacation rentals. Non-residential rents are not shown, yet they tend to shift with residential rents, so the local pattern remains informative.

Frequently asked questions

How do rents in Hopewell compare to the national average?

Measured against the U.S. average: two-bedroom -10%, three-bedroom -11%, four-bedroom -6%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Are rents rising in Hopewell?

The five-year trend shows Census median gross rent rose about 19.1%.

Is Hopewell a good market for rental property?

This is a tight market, where well-kept units lease quickly. Renters make up 25.7% of households and vacancy sits near 4.5%. Three-bedroom rents run about 11% below the national average, and rents rose about 19.1% over five years.

How strong is rental demand in Hopewell?

Roughly 25.7% of the housing is renter-occupied, and the population of 43,146 grew 13.2% over five years. Vacancy runs near 4.5%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).