Richmond, VA Rent Trends
Rank #40, last updated May 14
To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.
What is the average rent in Richmond?
The average rent of a studio apartment in Richmond, VA is $1,153. The average rent of a 1-bedroom in Richmond, VA is $1,300. The average rent of a 2-bedroom in Richmond, VA is $1,524. The average rent of a 3-bedroom in Richmond, VA is $2,425.
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
Rent Prices Over Time in Richmond
Apartment Rent Ranges in Richmond
The monthly rent for apartments in Richmond, VA ranges from $200 to $3,000+.
$200 - $900
$900 - $1,600
$1,600 - $2,300
$2,300 - $3,000
$3,000+
What is the average apartment size in Richmond?
The average size of a Richmond, VA apartment is 838 square feet, while the median apartment size for Richmond, VA is 790 square feet. However, square footage varies based on unit type. Most rentals in Richmond, VA (40.97%) are 2 bedroom apartments, while the fewest (3.13%) are studio apartments. Meanwhile, 1 bedroom apartments account for 34.49%, and 3+ bedroom apartments make up 21.41%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Richmond?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Carver | * | $1,268 | $1,760 | $2,200 |
| Church Hill | * | $1,248 | $1,495 | * |
| City Center | $1,229 | $1,327 | $1,500 | * |
| Fulton | * | $1,417 | $1,050 | * |
| Jackson Ward | * | $1,054 | $1,553 | $2,822 |
| Monroe Ward | $1,131 | $1,379 | $1,728 | * |
| Museum District | * | $1,210 | $1,660 | $2,748 |
| Old Town Manchester | * | $1,229 | $1,435 | * |
| Randolph | * | $1,149 | $1,595 | $2,600 |
| Shockoe Bottom | * | $1,406 | $1,884 | * |
| The Fan | * | $1,425 | $1,795 | $2,663 |
| Upper Shockoe Valley | * | $1,277 | $1,803 | * |
| Vcu | * | $1,600 | $955 | * |
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
* Insufficient data to calculate value
Popular searches
Pet Friendly Apartments Richmond
70 apartments starting at $850/month
Studio Apartments Richmond
15 apartments starting at $950/month
1 Bedroom Apartments Richmond
146 apartments starting at $850/month
2 Bedroom Apartments Richmond
205 apartments starting at $875/month
3 Bedroom Apartments Richmond
111 apartments starting at $799/month
Cheap Apartments Richmond
341 apartments starting at $675/month
Luxury Apartments Richmond
16 apartments starting at $1,054/month
Houses for Rent Richmond
94 apartments starting at $1,095/month
Nearby neighborhoods
Ancarows Landing Apartments
19 apartments starting at $955/month
Belle And Mayo Islands Apartments
54 apartments starting at $1,074/month
Carver Apartments
28 apartments starting at $995/month
City Center Apartments
13 apartments starting at $1,025/month
Gambles Hill Apartments
105 apartments starting at $799/month
Jackson Ward Apartments
19 apartments starting at $995/month
Monroe Ward Apartments
17 apartments starting at $910/month
Mosby Apartments
41 apartments starting at $895/month
Newtowne West Apartments
10 apartments starting at $2,199/month
Oregon Hill Apartments
5 apartments starting at $1,150/month
Shockoe Bottom Apartments
14 apartments starting at $955/month
The Fan Apartments
58 apartments starting at $875/month
Nearby cities
Charlottesville Apartments
71 apartments starting at $875/month
Chester Apartments
5 apartments starting at $895/month
Fredericksburg Apartments
29 apartments starting at $800/month
Hopewell Apartments
9 apartments starting at $795/month
Mechanicsville Apartments
6 apartments starting at $1,751/month
Newport News Apartments
75 apartments starting at $600/month
Petersburg Apartments
46 apartments starting at $725/month
Tuckahoe Apartments
11 apartments starting at $1,350/month
Williamsburg Apartments
11 apartments starting at $926/month
Nearby universities
John Tyler Community College Apartments
48 apartments starting at $675/month
Reynolds Community College Apartments
34 apartments starting at $995/month
University of Richmond Apartments
35 apartments starting at $929/month
VCU Apartments
193 apartments starting at $799/month
Nearby metro areas
Baltimore Metro Apartments
740 apartments starting at $500/month
Philadelphia Metro Apartments
1,687 apartments starting at $400/month
Raleigh Metro Apartments
801 apartments starting at $585/month
Richmond Metro Apartments
689 apartments starting at $650/month
Virginia Beach Metro Apartments
508 apartments starting at $600/month
Washington Metro Apartments
775 apartments starting at $550/month