Apartments in Richmond

1 - 30 of 499 Results
25
3D Tour
$1,357 - 4,712
2517 West Tremont Court Richmond, VA
1 - 3 BR | Apr. 26, 2024
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Dishwasher
27
$1,130 - 1,810
5601 Goldthread Lane Richmond, VA
Studio - 2 BR | Available Now
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28
$1,575 - 3,695
311 Karl Linn Dr Richmond, VA
1 - 3 BR | Available Now
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46
3D Tour
$1,199 - 1,557
Deal
700 Stockton St Richmond, VA
1 - 3 BR | Available Now
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Luxury
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34
$1,445 - 2,699
Deal
2900 Bywater Drive Richmond, VA
1 - 3 BR | Available Now
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12
3D Tour
$1,519 - 1,599
728 E Main St Richmond, VA
1 BR | Available Now
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64
$1,129 - 1,555
219 E Broad St Richmond, VA
Studio - 1 BR | Available Now
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17
$1,299
4901 Wood Thrush Circle Richmond, VA
3 BR | Available Now
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19
$1,085 - 3,018
101 N 5Th St Richmond, VA
Studio - 2 BR | Available Now
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54
$2,009
241 Arboretum Pl Richmond, VA
Studio | Available Now
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40
$1,074
500 Stockton St Richmond, VA
1 BR | Available Now
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42
$2,819
6807 Paragon Pl Richmond, VA
Studio | Available Now
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42
3D Tour
$1,200 - 1,559
715 E 4Th St Suite 24 Richmond, VA
1 - 2 BR | Available Now
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32
$1,439
6811 Paragon Pl Richmond, VA
Studio | Available Now
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8
$1,114
Richmond, VA
1 BR | Ask for Availability
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24
$878
Richmond, VA
1 BR | Ask for Availability
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13
$1,148
Richmond, VA
1 BR | Ask for Availability
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38
$1,020
Richmond, VA
1 BR | Ask for Availability
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25
$2,500
Richmond, VA
3 BR | Available Now
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Storage
13
$1,995
Richmond, VA
3 BR | Jul. 12, 2024
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Storage
24
$2,395
Richmond, VA
3 BR | Available Now
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Surface Parking
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14
$1,525
Richmond, VA
2 BR | Jul. 4, 2024
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Fan
23
$1,695
Richmond, VA
2 BR | Aug. 23, 2024
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11
$1,300
Richmond, VA
2 BR | Available Now
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Church Hill Central
17
$1,700
Richmond, VA
1 BR | Jul. 10, 2024
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16
$1,050
Richmond, VA
1 BR | Jun. 10, 2024
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Blackwell
16
$1,550
Richmond, VA
2 BR | Jun. 28, 2024
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Museum District
11
$1,299
2910 Q St Richmond, VA
1 BR | Jul. 3, 2024
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22
$1,495
Richmond, VA
2 BR | Aug. 21, 2024
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9
$1,200
Richmond, VA
1 BR | Jul. 1, 2024
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1 - 30 of 499 Results
  1. Home
  2. Richmond

How much does it cost to rent an apartment in Richmond?

Richmond Apartments
Bed Type Average Rent Range
Studio $1,260 $1,070 - $1,800
1BR $1,490 $1,070 - $1,890
2BR $1,700 $1,080 - $2,440
3BR $2,160 $1,470 - $3,040
4+BR $2,960 $1,890 - $3,860

Find a Richmond Apartment

The capital of Virginia is home to a little over 200,000 people. Although settlers had lived there at various points prior, the permanent town of Richmond was founded in 1737. It was a key point for several events during the Revolutionary war, and was for a time the Capitol of the Confederate States of America during the Civil War.

The city has a strong economy that is centered on law, banking and government institutions. There are also a few Fortune 500 companies in Richmond, including but not limited to CarMax and Genworth Financial. There are also many different colleges and universities in and near the city. The largest is the Virginia Commonwealth University, a public research facility with more than 31,000 enrolled.

When to Search

The summer is definitely the best time to start your apartment hunt. If you start looking at the end of May, you should have no problem finding a great apartment by the time the end of July starts to approach. The fall is the worst time to look, as many of the rental apartments, especially those near the university, will be snapped up by the incoming crop of students.

Staying in the Know

Make sure that you've got good references lined up before you start filling out apartment applications. The truth is that many people who apply for apartments have the income requirements and credit rating needed to rent the suite. However, the best ones can also back up the financials with excellent references.

Life in Richmond

Transportation

The majority of commuters in the Richmond area are drivers, and use their cars to get around most of the time. Driving downtown is difficult however, as the streets are not very wide and it can be difficult to find parking. For navigating downtown, or if you don't have a car, the Greater Richmond Transit Company bus routes are the best way to get around.

Where to play

Walking down Monument Avenue will introduce you to statues of several confederate heroes. The entire downtown area is filled with beautifully restored historic buildings. People also go on white water rafting trips right within the city, as the James River provides the perfect setting for rafting. Rare Olde Times Irish Pub or the Sin e' Irish Pub are both good places to sit down for a friendly drink.

Neighborhoods

Search Cities Near Richmond, VA

Campuses Nearby

Richmond:
April Rent Report

Welcome to the April 2024 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Richmond rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Richmond and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Richmond average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Richmond Rent Prices Increase From March to April

Richmond rent prices increased over the last month. From March to April, the city experienced a 0.13% increase for the price of a one-bedroom apartment. The rent price for a Richmond one-bedroom apartments currently stands at $1,519.0.

When we take a look at the two-bedroom comparison from March to April, Richmond experienced a 1.02% increase for the price of a two-bedroom apartment. The rent price for a Richmond two-bedroom apartments currently stands at $1,689.0.

April Prices: Richmond vs. Surrounding Areas

South Chesterfield, VA
Midlothian, VA
Henrico, VA
Glen Allen, VA
Richmond, VA
Chester, VA
Petersburg, VA
Hopewell, VA
$1,627
$1,573
$1,570
$1,566
$1,517
$1,383
$1,162
$974
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Richmond and Surrounding Areas

Rent prices have increased in Richmond over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Richmond suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Hopewell, VA .

  • Rent decreased in Midlothian, VA, Glen Allen, VA, Henrico, VA, Petersburg, VA, Chester, VA, South Chesterfield, VA.

  • 4 suburbs are currently priced higher than the city of Richmond.

  • 3 suburbs are currently priced lower than the city of Richmond.

April 2024 Pricing Trends: Richmond vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Richmond, VA
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,517
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Richmond Rent Prices More Affordable Than Major Cities

Rent growth in Richmond over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Richmond average rent prices appear to be relatively affordable for local residents.

The price for a Richmond one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Richmond and surrounding area rent prices, take a look at the complete data set below.

Data set for Richmond and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Richmond, VA $1,517.0 0.53% $1,672.0 1.52%
Midlothian, VA $1,573.0 -0.57% $1,914.0 1.00%
Glen Allen, VA $1,566.0 -0.06% $1,842.0 4.13%
Henrico, VA $1,570.0 -3.27% $1,901.0 -0.47%
Petersburg, VA $1,162.0 -1.53% $1,114.0 1.46%
Hopewell, VA $974.0 4.06% $895.0 0.00%
Chester, VA $1,383.0 -0.07% $1,584.0 -0.94%
South Chesterfield, VA $1,627.0 -0.25% $1,465.0 -12.80%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.