Richmond, VA Rent Trends
Rank #43, last updated April 23
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 $1,175. The average rent of a 1-bedroom in Richmond, VA is $1,298. The average rent of a 2-bedroom in Richmond, VA is $1,497. The average rent of a 3-bedroom in Richmond, VA is $2,450.
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 810 square feet, while the median apartment size for Richmond, VA is 788 square feet. However, square footage varies based on unit type. Most rentals in Richmond, VA (38.01%) are 1 bedroom apartments, while the fewest (3.93%) are studio apartments. Meanwhile, 2 bedroom apartments account for 34.73%, and 3+ bedroom apartments make up 23.33%.
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 | * | $1,285 | $1,763 | $2,675 |
| City Center | * | $1,329 | $1,600 | * |
| Fulton | * | $1,417 | $1,050 | * |
| Jackson Ward | * | * | $1,395 | $2,422 |
| Jahnke | * | $1,497 | $1,611 | * |
| Monroe Ward | $1,162 | $1,286 | $1,382 | $2,247 |
| Museum District | * | $1,295 | $1,498 | $2,950 |
| Old Town Manchester | * | $1,225 | $1,442 | * |
| Shockoe Bottom | * | $1,388 | $1,884 | * |
| Shockoe Slip | * | $1,267 | $1,555 | * |
| Swansboro | * | $683 | * | $1,850 |
| The Fan | * | $1,363 | $1,744 | $2,520 |
| Upper Shockoe Valley | * | $1,221 | $1,744 | * |
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
92 apartments starting at $660/month
Studio Apartments Richmond
18 apartments starting at $950/month
1 Bedroom Apartments Richmond
144 apartments starting at $660/month
2 Bedroom Apartments Richmond
184 apartments starting at $875/month
3 Bedroom Apartments Richmond
98 apartments starting at $799/month
Cheap Apartments Richmond
321 apartments starting at $660/month
Short Term Rentals Richmond
5 apartments starting at $680/month
Furnished Apartments Richmond
5 apartments starting at $660/month
Luxury Apartments Richmond
17 apartments starting at $950/month
Houses for Rent Richmond
116 apartments starting at $660/month
Nearby neighborhoods
Belle And Mayo Islands Apartments
65 apartments starting at $660/month
Carver Apartments
23 apartments starting at $1,100/month
City Center Apartments
10 apartments starting at $1,075/month
Gambles Hill Apartments
100 apartments starting at $799/month
Jackson Ward Apartments
21 apartments starting at $995/month
Monroe Ward Apartments
20 apartments starting at $910/month
Mosby Apartments
44 apartments starting at $895/month
Newtowne West Apartments
6 apartments starting at $2,399/month
Oregon Hill Apartments
5 apartments starting at $1,150/month
Shockoe Bottom Apartments
15 apartments starting at $955/month
The Fan Apartments
47 apartments starting at $875/month
Union Hill Apartments
5 apartments starting at $1,075/month
Nearby cities
Charlottesville Apartments
70 apartments starting at $940/month
Chester Apartments
7 apartments starting at $995/month
Fredericksburg Apartments
25 apartments starting at $1,100/month
Hampton Apartments
50 apartments starting at $725/month
Hopewell Apartments
13 apartments starting at $725/month
Newport News Apartments
70 apartments starting at $600/month
Petersburg Apartments
48 apartments starting at $695/month
Tuckahoe Apartments
13 apartments starting at $1,350/month
Williamsburg Apartments
6 apartments starting at $926/month
Nearby universities
Apartments near Reynolds Community College
37 apartments starting at $995/month
Apartments near University of Richmond
36 apartments starting at $660/month
Apartments near VCU
177 apartments starting at $799/month
Nearby metro areas
Baltimore Metro Apartments
737 apartments starting at $500/month
Philadelphia Metro Apartments
1,787 apartments starting at $450/month
Raleigh Metro Apartments
812 apartments starting at $575/month
Richmond Metro Apartments
678 apartments starting at $660/month
Virginia Beach Metro Apartments
455 apartments starting at $700/month
Washington Metro Apartments
724 apartments starting at $550/month