Rentometer, Inc. | Data as of 10/23/2025
Richmond County, Virginia, offers a dynamic rental landscape that blends historic charm with modern conveniences. From the vibrant streets of the Fan and Carytown to the riverfront views along the James River, renters can choose from a variety of neighborhoods that reflect the city’s eclectic culture and thriving arts scene. Proximity to top employers, universities, and landmarks such as the Virginia Museum of Fine Arts makes the area especially appealing to young professionals, families, and students seeking a convenient urban lifestyle.
Apartment rentals in Richmond span a broad spectrum of options. Studio units typically sit in the $1200s, while one‑bedroom apartments often fall in the $1400 range. Two‑bedroom apartments are generally priced in the $1700‑$1800 bracket, and three‑bedroom units commonly reach the $2200‑$2400 level. Larger four‑plus bedroom apartments can approach the $2500‑$3100 range, reflecting their spacious layouts and premium locations. Single‑family homes follow a similar tiered structure: one‑bedroom houses are usually found in the $1200‑$1300 range, two‑bedroom homes around $1500, three‑bedroom residences near $2000, and four‑plus bedroom houses can exceed $2500, offering ample space for growing families.
Beyond price, Richmond’s rental market benefits from excellent public transportation, a walkable downtown, and a robust selection of dining, entertainment, and outdoor recreation options. Whether you’re drawn to historic districts, riverfront parks, or bustling shopping corridors, the city’s diverse housing stock and competitive rental rates provide a compelling reason to call Richmond home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,283 | $1,300 | $999 - $1,575 | $1,200 - $1,349 |
| Apartment | 1 Bedroom | $1,421 | $1,400 | $199 - $2,645 | $1,184 - $1,600 |
| Apartment | 2 Bedroom | $1,848 | $1,707 | $725 - $4,465 | $1,470 - $2,112 |
| Apartment | 3 Bedroom | $2,291 | $2,130 | $1,000 - $7,150 | $1,530 - $2,625 |
| Apartment | 4+ Bedroom | $3,748 | $3,000 | $995 - $7,250 | $995 - $7,250 |
| House | 1 Bedroom | $1,258 | $1,150 | $850 - $2,000 | $1,099 - $1,300 |
| House | 2 Bedroom | $1,722 | $1,672 | $790 - $4,950 | $1,200 - $2,000 |
| House | 3 Bedroom | $2,098 | $2,100 | $750 - $4,743 | $1,795 - $2,490 |
| House | 4+ Bedroom | $2,626 | $2,525 | $1,595 - $4,595 | $2,200 - $2,995 |
In the current period, the average rent in Richmond was $1,284 for Studio, $1,416 for 1 Bedroom, $1,826 for 2 Bedroom, $2,143 for 3 Bedroom, and $2,681 for 4+ Bedroom.
Data provided by Rentometer, Inc.