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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 numbers also show 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

3.7% 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%

Day to day, property management in Hopewell usually means rent pricing, marketing, tenant screening, rent collection, and maintenance. 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 3.7% as of July 2026. Browse the managers here and request pricing.

Pricing shown is long-term residential, not short-term or vacation. Non-residential and commercial rents follow the same local direction as a rule, so the residential deviations above give you a fair read.

Frequently asked questions

How do rents in Hopewell compare to the national average?

Versus the national 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?

Over the last five years, Census median gross rent rose roughly 19.1%.

Is Hopewell a good market for rental property?

Demand is strong here, with few vacant units available. 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?

Renters make up 25.7% of the housing, 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 (July 2026).