Average Rent in Richmond, VA and Rent Price Trends

Rent price trends in
Richmond, VA

Rent price trends

Rent prices for all bedroom counts and property types in Richmond, VA have remained the same in the last month and have decreased by 2% in the last year.

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

Rent comparables in
Richmond, VA
The monthly rent for an apartment in Richmond, VA is $1,502. A 1-bedroom apartment in Richmond, VA costs about $1,450 on average, while a 2-bedroom apartment is $1,600. Houses for rent in Richmond, VA are more expensive, with an average monthly cost of $1,895.

				Comparables
1 bedroom	$1,421	1%	2%
2 bedroom	$1,595	1%	No Change
3 bedroom	$1,995	No Change	1%
4 bedroom	$2,450	6%	No Change
Studio	$1,234	1%	5%

		Comparables
Chamberlayne Industrial Center	$1,350
City Center	$1,489
Jackson Ward	$1,498
Manchester	$1,450
Monroe Ward	$1,415
Museums	$2,262
Old Town Manchester	$1,425
Shockoe Bottom	$1,439
The Fan	$1,593
The Museum District	$1,525

Studio

Average rent

$1,234

Last 30 days

1%

Last year

5%

1 bedroom

Average rent

$1,421

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$1,595

Last 30 days

1%

Last year

No Change

3 bedroom

Average rent

$1,995

Last 30 days

No Change

Last year

1%

4 bedroom

Average rent

$2,450

Last 30 days

6%

Last year

No Change

The table above reflects average rent prices in Richmond, 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.

Compare rent prices in Richmond, VA to other cities

Median rent prices in Richmond, VA for all bedroom counts and property types compared to Ashland, VA.

Richmond

Median rent price$1,567

18%

lower than the national median

Median rent price$1,750

8%

lower than the national median

Takeaway

The median rent for all rentals in Richmond, VA is 10% lower than the median rent in Ashland, VA.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Ashland

$1,750

Last year

Chesterfield

$2,341

Last year

Chester

$2,017

Last year

Glen Allen

$2,123

Last year

Henrico

$1,900

Last year

Highland Springs

$1,450

Last year

Hopewell

$1,228

Last year

Manakin Sabot

$2,199

Last year

Mechanicsville

$2,037

Last year

Midlothian

$2,091

Last year

Moseley

$2,849

Last year

Sandston

$1,421

Last year

Cost of living in
Richmond, VA

The overall cost of living in Richmond, VA is 6% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	1% lower
Groceries	No difference
Health	9% lower
Housing	15% lower
Transportation	5% lower
Utilities	4% lower

Apartments for rent in Ashland

Apartments for rent in Chester

Apartments for rent in Chesterfield

Apartments for rent in Colonial Beach

Apartments for rent in Colonial Heights

Apartments for rent in Glen Allen

Apartments for rent in Henrico

Apartments for rent in Highland Springs

Apartments for rent in Hopewell

Apartments for rent in Keswick

Apartments for rent in King George

Apartments for rent in Mechanicsville

Apartments for rent in Midlothian

Apartments for rent in Petersburg

Apartments for rent in Prince George

Apartments for rent in Richmond

Apartments for rent in Sandston

Apartments for rent in Williamsburg

Apartments for rent in Woodford

Houses for rent in Blackwell

Houses for rent in Carver

Houses for rent in City Center

Houses for rent in Colonial Place

Houses for rent in Fulton

Houses for rent in Ginter Park

Houses for rent in Jackson Ward

Houses for rent in Manchester

Houses for rent in Mosby

Houses for rent in Oakwood

Houses for rent in Shockoe Bottom

Houses for rent in The Fan

Houses for rent in The Museum District

Houses for rent in Willow Lawn

Houses for rent in Willow Oaks

Houses for rent in Windsor Farms

Rooms for rent in Ashland

Rooms for rent in Chester

Rooms for rent in Chesterfield

Rooms for rent in Colonial Heights

Rooms for rent in Disputanta

Rooms for rent in Glen Allen

Rooms for rent in Henrico

Rooms for rent in Highland Springs

Rooms for rent in Hopewell

Rooms for rent in Mechanicsville

Rooms for rent in Midlothian

Rooms for rent in Moseley

Rooms for rent in Petersburg

Rooms for rent in Prince George

Rooms for rent in Richmond

Rooms for rent in Sandston

1000 E 16th St, Richmond, VA 23224, USA

9999 Diane Ln, Richmond, VA 23227, USA

4139 Richmond Hwy, Richmond, VA 23234, USA

403 Stockton St, Richmond, VA 23224, USA

3710 Moody Ave, Richmond, VA 23225, USA

2212 Fairfax Ave, Richmond, VA 23224, USA

303 W Clay St, Richmond, VA 23220, USA

8518 Mark Lawn Dr, Richmond, VA 23229, USA

10201 Garfield Rd, Richmond, VA 23235, USA

1108 Grove Ave, Richmond, VA 23220, USA

2080 Moore St, Richmond, VA 23220, USA

1318 North 34th Street, Richmond, VA 23223, USA

3119A 4th Ave, Richmond, VA 23222, USA

10307 Redbridge Road, Richmond, VA 23236, USA

1810 Idlewood Ave, Richmond, VA 23220, USA

6339 Glenway Dr, Richmond, VA 23225, USA

3123 Carolina Ave, Richmond, VA 23222, USA

2309 Warwick Ave, Richmond, VA 23224, USA

511 S Harrison St, Richmond, VA 23220, USA

3 S Plum St, Richmond, VA 23220, USA

Discover rentals in Richmond, VA

2500 24Th Perry St #18-2M - Photo 1 of 1

5d+ ago

Westover house for rent in Richmond

NOW: Furn, Util INCL, ROOM in neat house. Central RVA/River.

2500 24Th Perry St #18-2M, Richmond, VA 23225

1 bed

1 bath

$650

House for rent

Available Jan 5

0 Chalkley Rd - Photo 1 of 1

5d+ ago

House for rent in Richmond

0 Chalkley Rd, Richmond, VA 23237

1 bed

1 bath

$700

House for rent

Available Jan 15

11 East Broad Street #A - Photo 1 of 1

5d+ ago

Monroe Ward condo for rent in Richmond

11 East Broad Street #A, Richmond, VA 23220

1 bed

1 bath

$700

Condo for rent

Available Dec 1

3422 Enslow Avenue 3422 A #1 - Photo 1 of 1

1d ago

Brookland Park townhouse for rent in Richmond

Enslow Avenue 3422 A - 1

3422 Enslow Avenue 3422 A #1, Richmond, VA 23222

2 beds

1 bath

$825

House for rent

Available Jan 1

3h ago

8.3

Very good

Townhomes at Warwick Place I

5311 Warwick Rd, Richmond, VA 23224

3 beds

2 baths

$868–$1,458

Apartment for rent

925 N 20th St #B - Photo 1 of 1

2d ago

Fairmount apartment for rent in Richmond

2 beds

1 bath

$950

Apartment for rent

Available Jan 19

Lamb Avenue 1705 - Photo 1 of 1

4d ago

7.7

Very good

Lamb Avenue 1705

1705 Lamb Ave, Richmond, VA 23222

2 beds

1 bath

$950

Apartment for rent

2108 Phaup St #E - Photo 1 of 1

5d+ ago

Fairfield apartment for rent in Richmond

2 beds

1 bath

$950

Apartment for rent

Available May 15