Average Rent in Shockoe Bottom, Richmond, VA and Rent Price Trends

Rent trends in Shockoe Bottom, Richmond, VA

Average rent prices in Shockoe Bottom have decreased by 5% over the last month and have increased by 3% 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
Shockoe Bottom, Richmond, VA

Rent prices in Shockoe Bottom vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Shockoe Bottom is $1,537, whereas a house costs $2,205. 1-bedroom apartments in Shockoe Bottom run $1,400 on average, while 2-bedroom apartments are $1,675.


Studio	$1,275	6%	18%
1 bedroom	$1,400	1%	14%
2 bedroom	$1,670	3%	17%
3 bedroom	$2,495	40%	11%
4 bedroom	$1,995	No Change	11%

		Listings
Blackwell	$1,447
Church Hill	$1,683
Fulton	$1,295
Jackson Ward	$1,457
Monroe Ward	$1,395
Vcu	$1,695


Apartments	$1,537	2%	No Change
Condos	$1,650	11%	No Change
Houses	$2,205	247%	No Change

Studio

Average rent

$1,275

Last 30 days

Last year

18%

1 bedroom

Average rent

$1,400

Last 30 days

Last year

14%

2 bedroom

Average rent

$1,670

Last 30 days

Last year

17%

3 bedroom

Average rent

$2,495

Last 30 days

40%

Last year

11%

4 bedroom

Average rent

$1,995

Last year

11%

The table above reflects average rent prices in Shockoe Bottom, 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 Shockoe Bottom, Richmond, VA compare to other neighborhoods?

Compare median rent prices in Shockoe Bottom and Blackwell by all bedroom counts and property types.

Shockoe Bottom

Median rent price$1,487

24%

lower than the national median

Median rent price$1,447

26%

lower than the national median

Takeaway

The median rent for all rentals in Shockoe Bottom, Richmond, VA is 3% higher than the median rent in Blackwell, Richmond, VA.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,447

$1,683

$1,295

$1,457

$1,395

$1,695

Discover rentals in Shockoe Bottom, Richmond, VA

17h ago

8.8

Very good

Cheroot

2006 E Franklin St, Richmond, VA 23223

1–2 beds

1 bath

$1,200–$1,650

Apartment for rent

18h ago

8.3

Very good

Haxall View

11 S 21st St, Richmond, VA 23223

1–3 beds

1–2 baths

$1,249–$2,289

Apartment for rent

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,425

Apartment for rent

Available Feb 25

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,450

Apartment for rent

Available May 4

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,650

Apartment for rent

Available Aug 24

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,675

Apartment for rent

Available Jun 11

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,699

Apartment for rent

Available Jul 1

22h ago

8.6

Very good

Superior

1901 E Franklin St, Richmond, VA 23223

2 beds

2 baths

$1,800

Apartment for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Shockoe Bottom, Richmond, VA

Quick answers to common questions about the Shockoe Bottom rental market.

How much is rent in Shockoe Bottom?

The average rent in Shockoe Bottom is $1,487 per month as of June 27, 2026.

Is rent up or down in Shockoe Bottom?

Average rent prices in Shockoe Bottom have decreased by 5% over the last month and have increased by 3% since last year.

How does Shockoe Bottom rent compare to the national average?

Rent in Shockoe Bottom is 24% below the national average, which means renters are paying approximately $462 less per month.

What salary do I need to afford rent in Shockoe Bottom?

To comfortably afford rent in Shockoe Bottom, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

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).

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