Last updated on June 23, 2026

Average rent in
Virginia Commonwealth University, VA

Median rent

Median rent in Richmond

$1,562/mo

increased by3%

vs previous year

The average rent in Richmond is $1,562 per month as of June 2026. This is 20% below the national average rent, or $388 less per month.

$1.90

average price per square foot

Total rentals

Available rentals in Richmond

307

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Richmond rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Virginia Commonwealth University, VA

Average rent prices in Richmond have increased by 3% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Virginia Commonwealth University, VA

Rent prices in Richmond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond is $1,499, whereas a house costs $2,595. 1-bedroom apartments in Richmond run $1,395 on average, while 2-bedroom apartments are $1,595.

Listings

Studio

$1,197

-

2%

1 bedroom

$1,386

-

2%

2 bedroom

$1,625

-

5%

3 bedroom

$2,150

-

4%

4 bedroom

$3,099

-

4%

Studio

Average rent

$1,197

Last year

2%

1 bedroom

Average rent

$1,386

Last year

2%

2 bedroom

Average rent

$1,625

Last year

5%

3 bedroom

Average rent

$2,150

Last year

4%

4 bedroom

Average rent

$3,099

Last year

4%

The table above reflects average rent prices in Virginia Commonwealth University, VA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Virginia Commonwealth University, VA

411 S Harrison St - Photo 1 of 1

5d+ ago

Hollywood Cemetery townhouse for rent in Richmond

2 Bedrooms for Rent

411 S Harrison St, Richmond, VA 23220

4 beds

3.5 baths

$725

House for rent

Available Aug 3

Chesterfield Apartments - Photo 1 of 1

1d ago

7.4

Very good

Chesterfield Apartments

900 W Franklin St, Richmond, VA 23220

3 beds

1 bath

$810–$2,635

Apartment for rent

Liberty Circle Apartments - Photo 1 of 1

5h ago

8.4

Very good

Liberty Circle Apartments

1600 Monument Ave, Richmond, VA 23220

2–4 beds

1–2 baths

$890–$3,680

Apartment for rent

Coliseum Lofts - Photo 1 of 1
Rent special

2d ago

8.3

Very good

Coliseum Lofts

1363 W Broad St, Richmond, VA 23220

Studio–3 beds

1–3 baths

$959–$2,499

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Virginia Commonwealth University, VA

Quick answers to common questions about the Richmond rental market.

How much is rent in Richmond?

The average rent in Richmond is $1,562 per month as of June 20, 2026.

Is rent up or down in Richmond?

Average rent prices in Richmond have increased by 3% since last year.

How does Richmond rent compare to the national average?

Rent in Richmond is 20% below the national average, which means renters are paying approximately $388 less per month.

What salary do I need to afford rent in Richmond?

To comfortably afford rent in Richmond, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Triton Glen