Rentometer, Inc. | Data as of 10/23/2025
Cascades, nestled in the scenic foothills of Virginia, blends historic charm with modern convenience. Residents enjoy easy access to the nearby riverfront park, vibrant downtown arts district, and top‑rated schools, making the city a desirable destination for professionals, families, and retirees alike. Its walkable neighborhoods, tree‑lined streets, and a variety of dining and cultural venues create a welcoming atmosphere that supports a thriving rental community.
The local rental market reflects Cascades’ balanced mix of apartments and spacious homes. One‑bedroom apartments typically rent in the $1700s, with median figures hovering around $1750, offering affordable options for singles and couples. Two‑bedroom units command a $2500 range on average, while median rents settle near $2250, providing comfortable space for small families. Larger three‑bedroom apartments see averages in the $3700 bracket, with median rates close to $3900, appealing to those seeking extra room without leaving the city. For households needing extensive space, four‑plus‑bedroom houses command averages around $4200, with median rents near $3800, delivering premium living in Cascades’ most sought‑after residential districts.
Beyond pricing, Cascades offers diverse housing styles—from contemporary apartment complexes near the tech corridor to historic homes in the Oakleaf and Riverbend neighborhoods. Proximity to the regional university, shopping plazas, and transit hubs ensures renters enjoy both convenience and lifestyle variety. Whether you’re looking for a sleek downtown studio or a generous family house with a backyard, Cascades’ rental market provides options that cater to a wide range of needs and preferences.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,725 | $1,753 | $1,400 - $2,024 | $1,400 - $2,024 |
| Apartment | 2 Bedroom | $2,513 | $2,235 | $2,198 - $3,385 | $2,208 - $3,385 |
| Apartment | 3 Bedroom | $3,701 | $3,905 | $2,773 - $4,200 | $3,700 - $3,930 |
| House | 4+ Bedroom | $4,233 | $3,800 | $3,500 - $5,400 | $3,500 - $5,400 |
In the current period, the average rent in Cascades was $1,726 for 1 Bedroom, $2,514 for 2 Bedroom, $3,702 for 3 Bedroom, and $4,233 for 4+ Bedroom.
Data provided by Rentometer, Inc.