Last updated on August 2, 2026

Average rent in
The Diamond, Richmond, VA

Median rent

Median rent in The Diamond

$1,561/mo

decreased by56%

vs previous year

The average rent in The Diamond is $1,561 per month as of August 2026. This is 20% below the national average rent, or $379 less per month.

$2.00

average price per square foot

Total rentals

Available rentals in The Diamond

18

for rent on Zumper.com as of August 2026

Rent price distribution

Share of The Diamond rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in The Diamond, Richmond, VA

Average rent prices in The Diamond have decreased by 15% over the last month and have decreased by 56% 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 The Diamond, Richmond, VA

Rent prices in The Diamond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in The Diamond is $1,562, whereas a house costs $2,537. 1-bedroom apartments in The Diamond run $1,429 on average, while 2-bedroom apartments are $1,879.

Listings

Studio

$1,500

No Change

-

1 bedroom

$1,462

5%

-

2 bedroom

$1,809

6%

-

3 bedroom

$2,700

3%

25%

Studio

Average rent

$1,500

1 bedroom

Average rent

$1,462

Last 30 days

5%

2 bedroom

Average rent

$1,809

Last 30 days

6%

3 bedroom

Average rent

$2,700

Last 30 days

3%

Last year

25%

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

Compare median rent prices in The Diamond and Ginter Park by all bedroom counts and property types.

The Diamond

Median rent price$1,561
decreased by20%

lower than the national median

Median rent price$1,522
decreased by22%

lower than the national median

Takeaway

The median rent for all rentals in The Diamond, Richmond, VA is 3% higher than the median rent in Ginter Park, Richmond, VA.

Discover rentals in The Diamond, Richmond, VA

The Westbrook Townhomes at Brewers Row - Photo 1 of 1

1h ago

8.2

Very good

The Westbrook Townhomes at Brewers Row

2402 Ownby Ln, Richmond, VA 23220

3 beds

2 baths

$3,037–$3,287

Apartment for rent

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 The Diamond, Richmond, VA

Quick answers to common questions about the The Diamond rental market.

How much is rent in The Diamond?

The average rent in The Diamond is $1,561 per month as of August 1, 2026.

Is rent up or down in The Diamond?

Average rent prices in The Diamond have decreased by 15% over the last month and have decreased by 56% since last year.

How does The Diamond rent compare to the national average?

Rent in The Diamond is 20% below the national average, which means renters are paying approximately $379 less per month.

What salary do I need to afford rent in The Diamond?

To comfortably afford rent in The Diamond, you'd need to earn approximately $62,000/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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