Bedroom count
Property type
Last updated on September 17, 2026
Average rent in
Richmond, VA
Average rent in
Last updated on September 17, 2026
Bedroom count
Property type
Key takeaways for renters
Where Richmond rent stands today
Richmond, VA rent rose 2.4% year over year, with a current median of $1,610/month. Renters today are paying $29 more per month on average than last year, near the city's peak rent of $1,650/month reached last month. Month-over-month rent is essentially unchanged.
Compared to national trends
Richmond sits 15.3% more affordable than the $1,900/month national median, offering a moderately priced market with 744 total rentals available across the metro.
Price ranges
Studios in Richmond rent for about $1,295/month, 1-bedrooms around $1,412/month, and 2-bedrooms at $1,650/month. Three-bedroom and larger units command higher rents, with 3-bedrooms at $2,082/month and 4+ bedrooms at $2,500/month. This range reflects the diversity of bedroom sizes available to renters.
Neighborhood spotlight
Colonial Place rents climbed 32.0% year over year to $2,350/month, contrasting with The Diamond where rents fell 50.0% to $1,707/month. These changes show localized shifts against the modest citywide increase.
Median rent
Median rent in Richmond
$1,610/mo
2%vs previous year
The average rent in Richmond is $1,610 per month as of September 2026. This is 15% below the national average rent, or $290 less per month.
average price per square foot
Total rentals
Available rentals in Richmond
744
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Richmond rentals at each price point
Rent trends in Richmond, VA
Average rent prices in Richmond have remained the same over the last month and have increased by 2% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Richmond, VA
Rent prices in Richmond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond is $1,558, whereas a house costs $1,995. 1-bedroom apartments in Richmond run $1,459 on average, while 2-bedroom apartments are $1,675.
Listings | ||||
|---|---|---|---|---|
Studio | $1,295 | No Change | 2% | |
1 bedroom | $1,412 |  2% | 2% | |
2 bedroom | $1,650 | No Change | 4% | |
3 bedroom | $2,082 | 2% | 2% | |
4 bedroom | $2,500 | 2% | 5% |
Listings | ||
|---|---|---|
Chamberlayne Industrial Center | $1,550 | |
City Center | $1,512 | |
Manchester | $1,471 | |
Monroe Ward | $1,390 | |
Museums | $1,812 | |
Old Town Manchester | $1,495 | |
Shockoe Bottom | $1,500 | |
The Fan | $1,695 | |
The Museum District | $1,775 | |
Upper Shockoe Valley | $1,500 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,558 | 1% | No Change | |
Condos | $1,497 | 5% | No Change | |
Houses | $1,995 | 4% | No Change | |
Rooms | $936 | 4% | No Change |
Studio
Average rent
$1,295
Last 30 days
No Change
Last year
2%
1 bedroom
Average rent
$1,412
Last 30 days
2%
Last year
2%
2 bedroom
Average rent
$1,650
Last 30 days
No Change
Last year
4%
3 bedroom
Average rent
$2,082
Last 30 days
2%
Last year
2%
4 bedroom
Average rent
$2,500
Last 30 days
2%
Last year
5%
The Fan
Average rent
$1,695
City Center
Average rent
$1,512
Old Town Manchester
Average rent
$1,495
The Museum District
Average rent
$1,775
Manchester
Average rent
$1,471
Monroe Ward
Average rent
$1,390
Shockoe Bottom
Average rent
$1,500
Upper Shockoe Valley
Average rent
$1,500
Museums
Average rent
$1,812
Chamberlayne Industrial Center
Average rent
$1,550
Apartments
Average rent
$1,558
Last 30 days
1%
Condos
Average rent
$1,497
Last 30 days
5%
Houses
Average rent
$1,995
Last 30 days
4%
Rooms
Average rent
$936
Last 30 days
4%
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.
How does rent in Richmond, VA compare to other cities?
Compare median rent prices in Richmond and Ashland by all bedroom counts and property types.
Richmond
15%lower than the national median
Equal to the the national median
Takeaway
The median rent for all rentals in Richmond, VA is 15% lower than the median rent in Ashland, VA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,895
2%$2,385
7%$2,100
10%$2,235
$2,195
1%$1,545
23%$1,355
9%$2,150
5%$2,200
3%$2,300
2%$2,997
5%$1,750
4%Cost of living in Richmond, VA
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 |
Discover rentals in Richmond, VA
2d ago
Verified
4500 Bassett Avenue, Richmond, VA 23225
1–3 beds
1–2 baths
$507–$1,597
Apartment for rent
Available Apr 28
5d+ ago
Monroe Ward condo for rent in Richmond
1 bed
1 bath
$749
Condo for rent
Available Dec 1
2h ago
North Highland Park house for rent in Richmond
3 beds
3 baths
$800
House for rent
Available Sep 17
1d ago
Verified
2540 Brookstone Ln #NA, Richmond, VA 23233
4 beds
4 baths
$800
House for rent
Available Sep 7
16h ago
1201 N Arthur Ashe Blvd, Richmond, VA 23230
Studio–2 beds
1–2 baths
$1,680–$4,540
Apartment for rent
5d+ ago
Wilton condo for rent in Richmond
2 beds
3 baths
$4,000
Condo for rent
1d ago
Verified
2201 New Market Rd, Richmond, VA 23231
1–2 beds
2 baths
$3,810–$3,862
Price drop
Apartment for rent
9h ago
900 N Allen Ave, Richmond, VA 23220
1–3 beds
1–3 baths
$1,750–$3,800
Apartment for rent
1d ago
Verified
701 N 1st St, Richmond, VA 23219
Studio–2 beds
1–2 baths
$998–$1,489
Apartment for rent
9h ago
Verified
901 Mcdonough St, Richmond, VA 23224
1–2 beds
1–2 baths
$1,410–$2,610
Apartment for rent
42m ago
Verified
3600 Grove Ave, Richmond, VA 23221
Studio–2 beds
1–2 baths
$1,724–$3,525
Apartment for rent
9h ago
Verified
700 E Franklin St, Richmond, VA 23219
Studio–3 beds
1–3 baths
$995–$2,045
Apartment for rent
9h ago
Verified
700 E Franklin St, Richmond, VA 23219
Studio–3 beds
1–3 baths
$995–$2,045
Apartment for rent
10h ago
Verified
2031 Maywill St, Richmond, VA 23230
Studio–2 beds
1–2 baths
$1,461–$3,555
Apartment for rent
4d ago
Verified
100 W Baker St, Richmond, VA 23220
1 bed
1 bath
$1,341
Apartment for rent
9h ago
Verified
901 Mcdonough St, Richmond, VA 23224
1–2 beds
1–2 baths
$1,410–$2,610
Apartment for rent
1d ago
Verified
701 N 1st St, Richmond, VA 23219
Studio
1 bath
$998–$1,096
Apartment for rent
1d ago
Verified
1224 E Brookland Park Blvd, Richmond, VA 23222
1–3 beds
1–2 baths
$1,140–$1,322
Apartment for rent
42m ago
Verified
3600 Grove Ave, Richmond, VA 23221
Studio–2 beds
1–2 baths
$1,724–$3,525
Apartment for rent
9h ago
Verified
700 E Franklin St, Richmond, VA 23219
Studio–3 beds
1–3 baths
$995–$2,045
Apartment for rent
Stay up to date with rental market insights
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Frequently asked questions for Richmond, VA
Quick answers to common questions about the Richmond rental market.
How much is rent in Richmond?
The average rent in Richmond is $1,610 per month as of September 12, 2026.
Is rent up or down in Richmond?
Average rent prices in Richmond have remained the same over the last month and have increased by 2% since last year.
How does Richmond rent compare to the national average?
Rent in Richmond is 15% below the national average, which means renters are paying approximately $290 less per month.
Which neighborhoods are most affordable in Richmond?
The most affordable neighborhoods in Richmond are Monroe Ward ($1,390/mo), Manchester ($1,471/mo), and Old Town Manchester ($1,495/mo).
What salary do I need to afford rent in Richmond?
To comfortably afford rent in Richmond, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Richmond?
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.
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).