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 remained the same over the last month and have increased by 5% 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 $1,555, whereas a house costs $1,595. 1-bedroom apartments in Shockoe Bottom run $1,450 on average, while 2-bedroom apartments are $1,825.


Studio	$1,250	25%	29%
1 bedroom	$1,450	No Change	8%
2 bedroom	$1,825	4%	23%
3 bedroom	$2,050	3%	1%
4 bedroom	$1,695	No Change	36%

		Listings
Blackwell	$1,325
Church Hill	$1,692
Fulton	$1,345
Jackson Ward	$1,999
Monroe Ward	$1,495
Vcu	$1,695


Apartments	$1,555	2%	No Change
Condos	$1,195	10%	No Change
Houses	$1,595	No Change	No Change

Studio

Average rent

$1,250

Last 30 days

25%

Last year

29%

1 bedroom

Average rent

$1,450

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,825

Last 30 days

Last year

23%

3 bedroom

Average rent

$2,050

Last 30 days

Last year

4 bedroom

Average rent

$1,695

Last year

36%

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$1,525

22%

lower than the national median

Median rent price$1,325

32%

lower than the national median

Takeaway

The median rent for all rentals in Shockoe Bottom, Richmond, VA is 15% higher than the median rent in Blackwell, Richmond, VA.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,325

$1,692

$1,345

$1,999

$1,495

$1,695

Discover rentals in Shockoe Bottom, Richmond, VA

5d+ ago

Shockoe Bottom apartment for rent in Richmond

1 bed

1 bath

$1,041

Apartment for rent

Available Apr 6

5d+ ago

Shockoe Bottom condo for rent in Richmond

219 N 19th St, Richmond, VA 23223

1 bed

1 bath

$1,195

Condo for rent

Available Jul 15

2d 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

5d+ ago

Shockoe Bottom apartment for rent in Richmond

1806 E Franklin St #111, Richmond, VA 23223

1 bed

1 bath

$1,200

Apartment for rent

3d ago

8.3

Very good

1731 E. Main Street

1731 E Main St, Richmond, VA 23223

1 bed

1 bath

$1,250–$1,595

Apartment for rent

3d ago

8.9

Very good

Main2525

2525 E Main St, Richmond, VA 23223

1–2 beds

1–2 baths

$1,450–$2,225

Apartment for rent

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,585

Apartment for rent

Available May 4

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,585

Apartment for rent

Available Feb 25

Stay up to date with rental market insights

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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 $1,525 per month as of May 16, 2026.

Is rent up or down in Shockoe Bottom?

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

How does Shockoe Bottom rent compare to the national average?

Rent in Shockoe Bottom is 22% below the national average, which means renters are paying approximately $424 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 $61,000/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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