Apartments for Rent in Old Town Manchester, Richmond, VA

Old Town Manchester, Richmond apartment availability

Old Town Manchester's rental market offers a very strong selection of listings, with an average of 132 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom apartments. Many of these apartments are pet-friendly, with over 83% allowing small dogs, dogs, or having pet-friendly restrictions in place. This makes Old Town Manchester an attractive option for renters with pets. With its convenient location and variety of rentals, Old Town Manchester is a popular choice for those looking for a place to call home in Richmond.

Old Town Manchester, Richmond rental market trends

The Old Town Manchester rental market experienced a decline in average rent prices over the past year, with a 4.3% decrease to $1,387 per month. Breaking it down by bedroom count, 1-bedrooms averaged $1,332 per month, a 2.9% decrease from the previous year. 2-bedrooms saw a 4.5% decrease to $1,449, while studios decreased by 4% to $1,252. Conversely, 3-bedrooms experienced a 2.4% increase to $1,724.

Rent prices in Old Town Manchester tend to fluctuate throughout the year, with August typically being the most expensive month. Compared to December, the month with the lowest rent, prices in August are about 6.2% higher. If you're looking for a new apartment, consider searching during the winter months when prices are lower. Keep in mind that the rental market can be less competitive during this time, with fewer available rentals but also fewer people searching for homes.

Why Old Town Manchester, Richmond is a great place to live

Old Town Manchester stands out for its pet-friendly and socially vibrant atmosphere. According to 2024 data, the neighborhood's apartments often feature pet-safe windows, no breed restrictions, and ample pet grooming options, making it an ideal spot for pet owners. The area's social scene is also thriving, thanks to its favorable neighborhood age distribution, frequent transit options, well-maintained street infrastructure, and high walk score. Additionally, safety is a top priority in Old Town Manchester. With its unique blend of pet-friendly amenities and social opportunities, this neighborhood is perfect for renters who value community and convenience.