Bedroom count
Property type
Last updated on November 2, 2026
Last updated on November 2, 2026
Bedroom count
Property type
Richmond, VA rent rose 6.3% year over year, with a current median of $1,646/month. Renters are paying $97 more per month on average than last year, with rent now at the city's peak level from October 2026.
Richmond sits 13.4% more affordable than the $1,900/month national median, offering a moderately priced market with 728 total rentals available across the city.
Studios in Richmond rent for about $1,281/month, 1-bedrooms at $1,432/month, and 2-bedrooms at $1,657/month, with 3-bedrooms reaching $2,031/month and 4+ bedrooms at $2,473/month.
Apartments make up 54.9% of rentals with a median rent of $1,575/month, while houses rent for $1,995/month. Apartments represent the largest share of total rentals in Richmond.
Median rent in Richmond
$1,646/mo
vs previous year
The average rent in Richmond is $1,646 per month as of October 2026. This is 13% below the national average rent, or $254 less per month.
average price per square foot
Available rentals in Richmond
728
for rent on Zumper.com as of October 2026
Share of Richmond rentals at each price point
Average rent prices in Richmond have increased by 1% over the last month and have increased by 6% 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 $1,575, whereas a house costs $1,995. 1-bedroom apartments in Richmond run $1,475 on average, while 2-bedroom apartments are $1,695.
Listings | ||||
|---|---|---|---|---|
Studio | $1,281 | No Change | 1% | |
1 bedroom | $1,432 | No Change | 1% | |
2 bedroom | $1,657 | No Change | 8% | |
3 bedroom | $2,031 | 1% | 2% | |
4 bedroom | $2,473 | No Change | 1% |
Listings | ||
|---|---|---|
Chamberlayne Industrial Center | $1,874 | |
City Center | $1,516 | |
Jackson Ward | $1,676 | |
Manchester | $1,450 | |
Monroe Ward | $1,297 | |
Museums | $1,805 | |
Old Town Manchester | $1,492 | |
Sauer's Gardens | $2,000 | |
The Fan | $1,695 | |
The Museum District | $1,795 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,575 | No Change | 5% | |
Condos | $1,695 | No Change | 30% | |
Houses | $1,995 | No Change | 5% | |
Rooms | $929 | 6% | 8% |
Studio
Average rent
$1,281
Last 30 days
No Change
Last year
1%
1 bedroom
Average rent
$1,432
Last 30 days
No Change
Last year
1%
2 bedroom
Average rent
$1,657
Last 30 days
No Change
Last year
8%
3 bedroom
Average rent
$2,031
Last 30 days
1%
Last year
2%
4 bedroom
Average rent
$2,473
Last year
1%
City Center
Average rent
$1,516
The Fan
Average rent
$1,695
Old Town Manchester
Average rent
$1,492
The Museum District
Average rent
$1,795
Manchester
Average rent
$1,450
Monroe Ward
Average rent
$1,297
Sauer's Gardens
Average rent
$2,000
Museums
Average rent
$1,805
Chamberlayne Industrial Center
Average rent
$1,874
Jackson Ward
Average rent
$1,676
Apartments
Average rent
$1,575
Last 30 days
No Change
Last year
5%
Condos
Average rent
$1,695
Last year
30%
Houses
Average rent
$1,995
Last 30 days
No Change
Last year
5%
Rooms
Average rent
$929
Last 30 days
6%
Last year
8%
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 10% 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 | 8% lower |
| Housing | 14% lower |
| Transportation | 2% lower |
| Utilities | 2% 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 $1,646 per month as of October 31, 2026.
Average rent prices in Richmond have increased by 1% over the last month and have increased by 6% since last year.
Rent in Richmond is 13% below the national average, which means renters are paying approximately $254 less per month.
The most affordable neighborhoods in Richmond are Monroe Ward ($1,297/mo), Manchester ($1,450/mo), and Old Town Manchester ($1,492/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.
April offers the lowest rents in Richmond with approximately 1.8% savings compared to December's peak prices. January and May see higher competition, while December has the lowest demand.
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).