Bedroom count
Property type
Last updated on June 19, 2026
Last updated on June 19, 2026
Bedroom count
Property type
Richmond, VA rent rose 3.1% year over year, with a current median of $1,650/month matching the city's peak rent. Renters are paying slightly less per month than last year, but the dollar difference is negligible, and month-to-month rent is essentially unchanged.
Richmond sits 15.4% more affordable than the $1,950/month national median, offering a moderately priced market with 964 total rentals available. This positions Richmond as an accessible metro for renters seeking value.
Studios in Richmond rent for about $1,250/month, 1-bedrooms for $1,438/month, and 2-bedrooms for $1,650/month. Larger units range up to $2,850/month for 4+ bedrooms.
Median rent in Richmond
$1,650/mo
vs previous year
The average rent in Richmond is $1,650 per month as of June 2026. This is 15% below the national average rent, or $300 less per month.
average price per square foot
Available rentals in Richmond
964
for rent on Zumper.com as of June 2026
Share of Richmond rentals at each price point
Average rent prices in Richmond have remained the same over the last month and have increased by 3% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Richmond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond is $1,586, whereas a house costs $2,212. 1-bedroom apartments in Richmond run $1,469 on average, while 2-bedroom apartments are $1,661.
Listings | ||||
|---|---|---|---|---|
Studio | $1,250 | No Change | No Change | |
1 bedroom | $1,437 | No Change | 4% | |
2 bedroom | $1,650 | 1% | No Change | |
3 bedroom | $2,192 | No Change | 7% | |
4 bedroom | $2,850 | 2% | 1% |
Listings | ||
|---|---|---|
Carver | $1,695 | |
Chamberlayne Industrial Center | $1,354 | |
City Center | $1,530 | |
Manchester | $1,500 | |
Monroe Ward | $1,395 | |
Museums | $2,005 | |
Old Town Manchester | $1,497 | |
Shockoe Bottom | $1,499 | |
The Fan | $1,650 | |
The Museum District | $1,695 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,586 | No Change | 3% | |
Condos | $1,595 | 3% | No Change | |
Houses | $2,212 | 1% | No Change | |
Rooms | $972 | 3% | No Change |
Studio
Average rent
$1,250
Last 30 days
No Change
Last year
No Change
1 bedroom
Average rent
$1,437
Last 30 days
No Change
Last year
4%
2 bedroom
Average rent
$1,650
Last 30 days
1%
Last year
No Change
3 bedroom
Average rent
$2,192
Last 30 days
No Change
Last year
7%
4 bedroom
Average rent
$2,850
Last 30 days
2%
Last year
1%
The Fan
Average rent
$1,650
The Museum District
Average rent
$1,695
City Center
Average rent
$1,530
Monroe Ward
Average rent
$1,395
Carver
Average rent
$1,695
Old Town Manchester
Average rent
$1,497
Chamberlayne Industrial Center
Average rent
$1,354
Manchester
Average rent
$1,500
Shockoe Bottom
Average rent
$1,499
Museums
Average rent
$2,005
Apartments
Average rent
$1,586
Last 30 days
No Change
Last year
3%
Condos
Average rent
$1,595
Last 30 days
3%
Houses
Average rent
$2,212
Last 30 days
1%
Rooms
Average rent
$972
Last 30 days
3%
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 median rent prices in Richmond and Ashland by all bedroom counts and property types.
Richmond
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Richmond, VA is 13% lower than the median rent in Ashland, VA.
Explore rent trends in neighboring markets
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 1% higher |
| Groceries | No difference |
| Health | 9% lower |
| Housing | 14% lower |
| Transportation | 2% lower |
| Utilities | 3% lower |
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Richmond rental market.
The average rent in Richmond is $1,650 per month as of June 13, 2026.
Average rent prices in Richmond have remained the same over the last month and have increased by 3% since last year.
Rent in Richmond is 15% below the national average, which means renters are paying approximately $300 less per month.
The most affordable neighborhoods in Richmond are Chamberlayne Industrial Center ($1,354/mo), Monroe Ward ($1,395/mo), and Old Town Manchester ($1,497/mo).
To comfortably afford rent in Richmond, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.
Richmond's 2025 rental market shows one-bedroom apartments averaging around $1,400 per month, while two-bedroom units average around $1,600 monthly. These figures reflect the current market conditions across the city's diverse neighborhood options.
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).