1

Studio Apartment for Rent in Farmville, VA

Section Image
  • /8

    $850

    Total Monthly Price

    • Studio
    • 1 Bath
    • Condo for Rent

    305 S Virginia St Unit 2, Farmville, VA 23901

    Updated Studio Apartment Convenient to Downtown Farmville and Longwood University! This recently renovated studio in Farmville, VA offers a contemporary living space with one full bathroom. Located within walking distance of Longwood University and downtown Farmville, the apartment provides easy access to shops, dining, and campus life. Water, sewer, and weekly trash pickup are included,

    305 S Virginia St Unit 2, Farmville, VA 23901

Why Live in Farmville

Farmville, Virginia, nestled between Richmond and Lynchburg, offers a blend of small-town charm and vibrant university presence. With a population of 7,400, Farmville features a quaint downtown area filled with local stores, restaurants, and historical landmarks. The town is home to Longwood University and Hampden-Sydney College, contributing to its lively cultural scene. Recreational attractions include Wilck’s Lake Park, Farmville Lions Club Park, and the High Bridge Trail, a 32.2-mile trail ideal for walking, biking, and horseback riding. The historic High Bridge, a Civil War-era landmark, is a highlight of the trail. Farmville's downtown district is bustling with eclectic shops, eateries, and 19th-century storefronts, with popular dining spots like Fishin’ Pig and Charley’s Waterfront Café. The Longwood Village Shopping Center and Walmart Supercenter cater to shopping needs. The town hosts various cultural and musical events, including weekly farmers markets and the annual Heart of Virginia Festival, celebrating art, music, and community. Farmville's housing options range from ranch, Craftsman, and Farmhouse styles to Victorian homes in the older sections. Single-family homes are common, with larger lots available in rural areas. Major thoroughfares include Main Street and US Route 460, with Lynchburg Regional Airport approximately 52 miles away. The town's safety is comparable to the national average, making it a peaceful place to live.

Frequently Asked Questions

How much does it cost to rent a home in Farmville, VA?
The median rent for a home in Farmville, VA is $1,250 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Farmville, VA?
To comfortably afford the median rent in Farmville, VA, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Farmville, VA, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Farmville, VA?
In Farmville, VA, the price-to-rent ratio is 20.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,250
Median Single Family Home Rent
$1,450
Median Condo Rent
$1,098
How to Rent a Home