Last updated on August 17, 2026

Average rent in
Shockoe Bottom, Richmond, VA

Median rent

Median rent in Shockoe Bottom

$1,485/mo

increased by3%

vs previous year

The average rent in Shockoe Bottom is $1,485 per month as of August 2026. This is 23% below the national average rent, or $440 less per month.

$2.06

average price per square foot

Total rentals

Available rentals in Shockoe Bottom

39

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Shockoe Bottom rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Shockoe Bottom, Richmond, VA

Average rent prices in Shockoe Bottom have increased by 7% 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 $1,475, whereas a house costs $2,050. 1-bedroom apartments in Shockoe Bottom run $1,400 on average, while 2-bedroom apartments are $1,724.

Listings

Studio

$1,300

8%

17%

1 bedroom

$1,400

3%

28%

2 bedroom

$1,724

1%

21%

3 bedroom

$2,050

5%

2%

4 bedroom

$2,595

No Change

-

Studio

Average rent

$1,300

Last 30 days

8%

Last year

17%

1 bedroom

Average rent

$1,400

Last 30 days

3%

Last year

28%

2 bedroom

Average rent

$1,724

Last 30 days

1%

Last year

21%

3 bedroom

Average rent

$2,050

Last 30 days

5%

Last year

2%

4 bedroom

Average rent

$2,595

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$1,485
decreased by23%

lower than the national median

Median rent price$1,487
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Shockoe Bottom, Richmond, VA is equal to the median rent in Blackwell, Richmond, VA.

Discover rentals in Shockoe Bottom, Richmond, VA

Cheroot - Photo 1 of 1

4d 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

15 N 18th St #2F - Photo 1 of 1

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,450

Apartment for rent

Available May 4

16 N 22nd St #407 - Photo 1 of 1

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,525

Apartment for rent

Available Oct 20

16 N 22nd St #307 - Photo 1 of 1

5d+ ago

Shockoe Bottom apartment for rent in Richmond

2 beds

2 baths

$1,625

Apartment for rent

Available Jun 11

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,485 per month as of August 15, 2026.

Is rent up or down in Shockoe Bottom?

Average rent prices in Shockoe Bottom have increased by 7% 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 23% below the national average, which means renters are paying approximately $440 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 $59,000/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).

Apartments for rent in Ashland