Zumper

516 Valley Rd
516 Valley Rd, Charlottesville, VA 22903, USA

Apartment for rent
Monthly rent
$2,295–$4,400
Beds1–3
Baths1–2
Sqft720–1,538
modified
16 Hours Ago

Property Overview

Featuring a central location, this luxury residence includes amenities like an in-home washer and dryer and a walk-in closet. Its proximity to a top-rated middle school and abundance of restaurants offers convenience and vibrant community engagement, complemented by numerous photos that provide a thorough view of the property. Additionally, it ranks in the 74th percentile for value per square foot, highlighting its competitive market position.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Middle school nearby
  • More space
  • Images available

Great for

  • Social life

Units

516 Valley Rd Charlottesville, VA

New Listing

B

1 Bed

1 Bath

$2,295

Listed on 03/12/2026
Listed by Tracy Family Investments LLC
Days on market: 1
Now Pre-Leasing for the 2027-2028 UVA School Year! Minutes to UVA Grounds/Hospital - Fully Remodeled & Furnished - Private Parking in Driveway! Experience upscale student living at its finest in this beautifully furnished 1-bedroom, 1-bath basement apartment, ideally located just minutes from the University of Virginia. Designed with comfort, style, and convenience in mind, this luxury residence features high-end finishes, modern furnishings, and a thoughtfully curated interior perfect for students or faculty seeking a premium living experience. This basement apartment is the ideal spot. Inside you will find washer and dryer, a fully furnished living room, a newly renovated kitchen, a newly renovated bathroom and a large bedroom with a walk-in closet. Plus private driveway parking is included in rent!

New Listing

A

3 Beds

2 Baths

$4,400

Listed on 03/12/2026
Listed by Tracy Family Investments LLC
Days on market: 1
NOW PRE-LEASING For 2027/2028!! Experience upscale student living at its finest in this beautifully furnished 3-bedroom, 2-bath rental, ideally located just minutes from the University of Virginia. Designed with comfort, style, and convenience in mind, this luxury residence features high-end finishes, modern furnishings, and a thoughtfully curated interior perfect for students or faculty seeking a premium living experience. Inside, you’ll find 3 stylish bedrooms, 2 luxury bathrooms, an inviting living room and formal dining room, a brand-new high-end kitchen, in-home washer & dryer, and plenty of space to study, chill, or entertain. Outside, enjoy the inviting outdoor patio with an outdoor dining set and lounge seating. Plus private driveway parking is included in rent! Walk to UVA Grounds and Hospital in less than 5 minutes! Centrally located right off JPA, directly behind the UVA's Nau Hall academic building. Now Pre Leasing for the 2027-2028 school year.

Amenities for 516 Valley Rd

Some units at this address have these amenities. View unit details for more information.

Building
  • Outdoor Space
  • Residents Lounge
Unit Amenities
  • Dishwasher
  • Assigned Parking
  • Air Conditioning
  • Furnished
  • In-Unit Laundry
  • Hardwood Floor
  • Deck
  • Walk-In Closets

Policies at 516 Valley Rd

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 516 Valley Rd

HomeApartments in CharlottesvilleJefferson Park Avenue 516 Valley Rd #A, Charlottesville, VA 22903, USA

Interested in leasing 516 Valley Rd, Charlottesville, VA 22903, USA? Currently, 516 Valley Rd, Charlottesville, VA 22903, USA is available to rent or lease. It is a 3-bedroom apartment with 2 bathrooms. Below, you can compare the rent price at 516 Valley Rd, Charlottesville, VA 22903, USA vs overall rent prices in Jefferson Park Avenue, VA. We have compiled nearby businesses and things to do close to 516 Valley Rd, Charlottesville, VA 22903, USA.

Address details

Units2
Units available2
Neighborhood
City
Zip code22903

516 Valley Rd #A is great for:

Social life

  • 139 restaurants within 1 mile of this property
  • A bustling neighborhood
  • Diverse age groups live in this area
  • Areas nearby are accessible by walking

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 516 Valley Rd, Charlottesville, VA 22903, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.5 mile away
More space
The 1-bedroom is 120 sqft larger than other listings nearby
Images available
There are at least 10 photos of this address
Walk-in closet
Rentals here may include more closet space than average

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in Charlottesville

1-bedroom apartments here are priced 46% higher than 1-bedrooms in Jefferson Park Avenue.

3-bedroom apartments at 516 Valley Rd #A cost about 71% more than the average rent price for 3-bedroom apartments in Jefferson Park Avenue.

Median rents as of Mar 7 2026.
Jefferson Park Avenue
Charlottesville
A table of 1-bedroom apartment rental data trends in Charlottesville
MonthMedian Rent
March 2024$1,610
April 2024$1,680
May 2024$1,696
June 2024$1,562
July 2024$1,695
August 2024$1,706
September 2024$1,750
October 2024$1,679
November 2024$1,658
December 2024$1,658
January 2025$1,672
February 2025$1,622
March 2025$1,563
April 2025$1,543
May 2025$1,605
June 2025$1,636
July 2025$1,624
August 2025$1,614
September 2025$1,615
October 2025$1,592
November 2025$1,524
December 2025$1,531
January 2026$1,500
February 2026$1,525
March 2026$1,478
A table of 1-bedroom apartment rental data trends in Jefferson Park Avenue
MonthMedian Rent
March 2024$1,425
April 2024$1,394
May 2024$1,266
June 2024$1,207
July 2024$1,287
August 2024$1,343
October 2024$1,380
November 2024$1,394
December 2024$1,390
February 2025$1,700
March 2025$1,782
April 2025$1,445
May 2025$1,347
June 2025$1,451
August 2025$1,699
September 2025$1,727
October 2025$1,678
November 2025$1,568
December 2025$1,470
February 2026$1,700
March 2026$1,573

Affordability calculator

Can I afford to live at 516 Valley Rd?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$91,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 1-bedroom monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 516 Valley Rd, Charlottesville, VA.
Last month$2,1951 bed1 bath
5 months ago$2,9951 bed1 bath
5 months ago$4,2953 bed2 bath

Schools near 516 Valley Rd #A

Venable Elementary School

406 14th st nw

charlottesville, VA, 22903

PK, K-4Public
B
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Neighborhood

Jefferson Park Avenue | Charlottesville, VA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Charlottesville near 516 Valley Rd

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 516 Valley Rd, Charlottesville

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Nightlife

3/10
Some bars within walking distance

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