Last updated on November 2, 2026

Average rent in
Virginia Commonwealth University, VA

Median rent

Median rent in Richmond

$1,562/mo

increased by5%

vs previous year

The average rent in Richmond is $1,562 per month as of October 2026. This is 18% below the national average rent, or $338 less per month.

$1.83

average price per square foot

Total rentals

Available rentals in Richmond

156

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Richmond rentals at each price point

50%38%25%13%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 5% 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 $1,517, whereas a house costs $2,085. 1-bedroom apartments in Richmond run $1,473 on average, while 2-bedroom apartments are $1,608.

Listings

Studio

$1,250

-

2%

1 bedroom

$1,473

-

1%

2 bedroom

$1,613

-

17%

3 bedroom

$2,095

-

7%

4 bedroom

$2,648

-

-

Studio

Average rent

$1,250

Last year

2%

1 bedroom

Average rent

$1,473

Last year

1%

2 bedroom

Average rent

$1,613

Last year

17%

3 bedroom

Average rent

$2,095

Last year

7%

4 bedroom

Average rent

$2,648

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

11 E Broad St #A - Photo 1 of 1

5d+ ago

Monroe Ward condo for rent in Richmond

1 bed

1 bath

$749

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
511 N. Harrison St.* - Photo 1 of 1

2d ago

8.4

Very good

511 N. Harrison St.*

511 N Harrison St, Richmond, VA 23220

1–2 beds

1 bath

$950–$1,450

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
419 W Duval St #A - Photo 1 of 1

5d+ ago

Jackson Ward townhouse for rent in Richmond

2 beds

1 bath

$995

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Grace St 1120 - Photo 1 of 1

2d ago

8.4

Very good

Grace St 1120

1120 W Grace St, Richmond, VA 23220

1–2 beds

1–2 baths

$1,095–$1,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 October 31, 2026.

Is rent up or down in Richmond?

Average rent prices in Richmond have increased by 5% since last year.

How does Richmond rent compare to the national average?

Rent in Richmond is 18% below the national average, which means renters are paying approximately $338 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).

Innsbrook Square