Apartments in Richmond

1 - 30 of 475 Results
25
3D Tour
$1,115 - 4,458
2517 West Tremont Court Richmond, VA
1 - 3 BR | Available Now
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46
$1,109 - 1,557
Deal
700 Stockton St Richmond, VA
1 - 3 BR | Available Now
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12
$1,519 - 1,599
728 E Main St Richmond, VA
1 BR | Available Now
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64
$1,180 - 2,004
219 E Broad St Richmond, VA
Studio - 2 BR | Available Now
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34
$1,355 - 2,839
Deal
2900 Bywater Drive Richmond, VA
1 - 3 BR | Available Now
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27
$1,180 - 1,810
5601 Goldthread Lane Richmond, VA
Studio - 2 BR | Available Now
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5
$1,525 - 3,695
311 Karl Linn Dr Richmond, VA
1 - 3 BR | Available Now
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17
$1,299
4901 Wood Thrush Circle Richmond, VA
3 BR | Available Now
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54
$2,009
241 Arboretum Pl Richmond, VA
Studio | Available Now
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Short-term
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42
$1,074 - 1,579
715 E 4Th St Suite 24 Richmond, VA
1 - 2 BR | Available Now
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40
$1,074 - 1,279
500 Stockton St Richmond, VA
1 - 2 BR | Available Now
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44
$1,299
114 E Franklin St Richmond, VA
1 BR | Available Now
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32
$1,439
6811 Paragon Pl Richmond, VA
Studio | Available Now
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42
$2,429
6807 Paragon Pl Richmond, VA
Studio | Available Now
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19
$1,246 - 2,123
101 N 5Th St Richmond, VA
Studio - 2 BR | Available Now
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38
$1,020
Richmond, VA
1 BR | Ask for Availability
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8
$792
Richmond, VA
1 BR | Ask for Availability
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24
$921
Richmond, VA
1 BR | Ask for Availability
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14
$792
Richmond, VA
1 BR | Ask for Availability
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Barton Heights
16
$964
Richmond, VA
1 BR | Ask for Availability
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16
$827
Richmond, VA
1 BR | Ask for Availability
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Brookland Park
8
$1,939 - 2,579
119 S 1St St Richmond, VA
2 - 3 BR | Available Now
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10
$2,995
1601 Overbrook RD Richmond, VA
3 BR | May. 28, 2024
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Townhome
16
$1,060
710 W Fells St Richmond, VA
1 BR | Available Now
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Income Restricted
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33
$1,395 - 1,930
308 N Nansemond St Richmond, VA
2 BR | Available Now
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45
$1,413 - 2,750
1650 Overbrook Road Richmond, VA
1 - 2 BR | Available Now
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16
$1,413 - 2,750
1650 Overbrook Road Richmond, VA
1 - 2 BR | Available Now
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6
$1,195 - 1,475
Richmond, VA
Studio - 1 BR | Available Now
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16
$2,400
Richmond, VA
3 BR | Available Now
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7
$1,009 - 1,395
Richmond, VA
Studio - 1 BR | Available Now
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1 - 30 of 475 Results
  1. Home
  2. Richmond

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

Richmond Apartments
Bed Type Average Rent Range
Studio $1,240 $1,050 - $1,640
1BR $1,500 $1,060 - $1,910
2BR $1,700 $1,100 - $2,390
3BR $2,150 $1,300 - $3,020
4+BR $2,590 $650 - $3,800

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:
March Rent Report

Welcome to the March 2024 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Richmond Rent Prices Increase From February to March

Richmond rent prices increased over the last month. From February to March, the city experienced a 0.53% increase for the price of a one-bedroom apartment. The rent price for a Richmond one-bedroom apartments currently stands at $1,517.0.

When we take a look at the two-bedroom comparison from February to March, Richmond experienced a 1.52% increase for the price of a two-bedroom apartment. The rent price for a Richmond two-bedroom apartments currently stands at $1,672.0.

March Prices: Richmond vs. Surrounding Areas

South Chesterfield, VA
Henrico, VA
Midlothian, VA
Glen Allen, VA
Richmond, VA
Chester, VA
Petersburg, VA
Hopewell, VA
$1,631
$1,623
$1,582
$1,567
$1,509
$1,384
$1,180
$936
$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 5 of the Richmond suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Midlothian, VA, Glen Allen, VA, Petersburg, VA, Hopewell, VA, South Chesterfield, VA .

  • Rent decreased in Henrico, VA, Chester, VA.

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

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

March 2024 Pricing Trends: Richmond vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Richmond, VA
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,509
$1,310
$1,235
$1,124
$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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Richmond, VA $1,509.0 1.75% $1,647.0 1.54%
Midlothian, VA $1,582.0 0.13% $1,895.0 0.21%
Glen Allen, VA $1,567.0 0.58% $1,769.0 3.82%
Petersburg, VA $1,180.0 1.20% $1,098.0 -0.81%
Henrico, VA $1,623.0 -4.14% $1,910.0 -0.47%
Hopewell, VA $936.0 3.08% $895.0 0.00%
Chester, VA $1,384.0 -0.65% $1,599.0 -0.37%
South Chesterfield, VA $1,631.0 0.18% $1,680.0 -5.51%

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.