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Richmond, VA Apartments For Rent

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Richmond Apartments Options

Average Rent in Richmond, VA

Avg. RentAnnual Change
Richmond Studio - $1,292-2%
Richmond 1 Bed - $1,441-2%
Richmond 2 Beds - $1,754+1%
Last updated 6/23/2024

Local Guide

See what Richmond, VA has to offer.

Local Reviews

the neighborhood is close to a lot of things, schools, a church, grocery stores, donut shops. Although there are a lot of people they mostly stay to themselves

I actually don't like my neighborhood. At some time it was probably nice but now it's just a place to live. There are convenience stores and a grocery store nearby.

There are lots of places that you can go and having fun like bars and restaurants. And there are many lovely views you can watch and relax. And the buildings is very nice and beautiful.

I like how it is walking distance from my graduate medical campus. I like the coffee shop that is a 10 minute walk from my place. I also like the view of the city at night.

Close to the interstate, bars & restaurants. Also close to 3 grocery stores, a 7-11, Wawa & a Sheetz is being built.

There are walkable streets. Its near a university. There are restarants nearby. Also therir museums closeby.

Demographics

Education

High School

38%

Associate's

25%

Bachelor's

24%

Master's

11%

Doctorate

2%

Family Size

2 people

51%

3 people

24%

4 people

15%

5 people

6%

6+ people

4%

Household Income

0-50k

52%

50-100k

26%

100-150k

11%

150-200k

5%

200k+

6%

Age

0-10

11%

10-20

11%

20-45

42%

45-65

24%

65+

13%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/23/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Richmond, VA

In Richmond, VA, as of 2024, the average rent for apartments ranges from $1,292 to $1,754. Specifically, the average rent for a studio apartment in Richmond, VA is $1,292. For those seeking a 1-bedroom apartments, the average rent is $1,441. And for a 2-bedroom apartment, renters can expect to pay an average of $1,754.

Annual Rent Change Over the Past 12 Months

Studio

-2%

Changed from $1,318 to $1,292
1 Bed

-2%

Changed from $1,470 to $1,441
2 Beds

+1%

Changed from $1,737 to $1,754
Last updated 6/23/2024

Rent Ranges

Apartment PricesProportion
1%
1%
40%
28%
30%

Compare Other Cities

CityStudio Avg RentAnnual Change
Colonial Heights$2,269-15%
Glen Allen$1,559-12%
Tappahannock$1,500--
Williamsburg$1,205-2%
Petersburg$7240%
City1 Bed Avg RentAnnual Change
Williamsburg$1,777+37%
Glen Allen$1,577+10%
Midlothian$1,523-19%
Henrico$1,499-3%
Chester$1,433-19%
Spotsylvania$1,325-22%
North Chesterfield$1,105-18%
Petersburg$1,0530%
Hopewell$985+6%
Ashland$8300%
Colonial Heights$700--
City2 Beds Avg RentAnnual Change
Glen Allen$1,961+9%
Midlothian$1,837-20%
Mechanicsville$1,827-11%
North Chesterfield$1,763+19%
Henrico$1,6430%
Spotsylvania$1,620-17%
Williamsburg$1,615+15%
Chester$1,480-20%
Sandston$1,3950%
Petersburg$1,273+2%
Hopewell$1,223+11%
Colonial Heights$1,091-13%
Prince George$1,048--
Ashland$9650%

Compare Neighborhoods

Blackwell

$658

1 Bed Avg. Rent

Broad Street

$1,054

1 Bed Avg. Rent

Northside

$1,093

1 Bed Avg. Rent

What are the most affordable neighborhoods in Richmond, VA?

For renters in Richmond seeking more affordable options, the neighborhoods to watch are Blackwell, Broad Street, and Northside, where average rents for 1-bedroom apartments stand at $658, $1,054, and $1,093 respectively. Additional areas offering value are Chamberlayne Industrial Center and Carver, where the rents are $1,093 and $1,149, a favorable comparison to Richmond's overall 1-bedroom average of $1,441.

What are the most expensive neighborhoods in Richmond, VA?

In Richmond, the neighborhoods commanding the highest rents are Stony Point, Chippenham Forest, and Brandermill. A 1-bedroom apartment in Stony Point averages at $2,247, in Chippenham Forest it averages $2,171, and in Brandermill, the average is $1,993. For additional high-end living options, Manchester offers 1-bedroom apartments at $1,692, and Carytown at $1,499. These rates compare to the overall average rent of $1,441 for a 1-bedroom apartment in Richmond, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Richmond, VA?

In Richmond, the most sought-after neighborhoods for renters include Carver, Chamberlayne Industrial Center, and The Fan. In Carver, the average rent for a 1-bedroom apartment is $1,149. Chamberlayne Industrial Center sees average rents of $1,093 for a 1-bedroom unit. The Fan offers similar appeal with 1-bedroom apartments averaging $1,399. For those seeking other popular areas, West Grace Street presents 1-bedroom apartments at $1,399, and The Museum District at $1,445. These prices are set against the backdrop of the city-wide average of $1,441 for a 1-bedroom apartment in Richmond, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Church Hill$2,100--
St. Johns Church$2,100--
Innsbrook$2,048+16%
Manchester$2,009+3%
Northside$1,336--
Chamberlayne Industrial Center$1,336--
Downtown$1,329+3%
Shockoe Slip$1,325--
City Center$1,304-3%
Carytown - Museum District$1,2500%
Old South$1,225-3%
Woodland Heights$1,225+6%
Shockoe Bottom$1,195-8%
East End$1,195-8%
Tobacco Row$1,195-8%
Monroe Ward$1,159+17%
Old Town Manchester$1,095-13%
Jackson Ward$1,025+16%
Neighborhood1 Bed Avg RentAnnual Change
Manchester$1,692+16%
Carytown$1,499--
Carytown - Museum District$1,499+3%
South Richmond$1,475--
Shockoe Slip$1,450-5%
Downtown$1,4450%
The Museum District$1,445--
Tobacco Row$1,4250%
Chimborazo$1,425+36%
East End$1,424+2%
Scott's Addition$1,420-26%
Innsbrook$1,405--
City Center$1,401-6%
The Fan$1,399+1%
West Grace Street$1,399+1%
Shockoe Bottom$1,3990%
Oregon Hill$1,395--
Woodland Heights$1,389+1%
Fulton Hill$1,340+4%
Old South$1,331-12%
Monroe Ward$1,299+11%
Byrd Park$1,295--
Old Town Manchester$1,272-19%
Near West End$1,260--
Mary Munford$1,260--
Fairmount$1,225--
Jackson Ward$1,150+8%
Carver$1,149+2%
Northside$1,093-29%
Chamberlayne Industrial Center$1,093-29%
Broad Street$1,054--
Neighborhood2 Beds Avg RentAnnual Change
Manchester$2,557+36%
Union Hill$2,350--
Chippenham Forest$2,313--
Brandermill$2,265-4%
Jackson Ward$2,095+35%
South Richmond$2,050--
Downtown$2,004+13%
Carytown$1,950--
Shockoe Bottom$1,935+8%
Shockoe Valley$1,935--
Scott's Addition$1,930--
Tobacco Row$1,825+2%
West Grace Street$1,799+8%
Fulton Hill$1,790+5%
Innsbrook$1,760--
Carytown - Museum District$1,655+6%
The Museum District$1,655--
City Center$1,630--
Woodland Heights$1,626-4%
Monroe Ward$1,620-5%
Near West End$1,550--
Mary Munford$1,550--
East End$1,540-9%
Shockoe Slip$1,539-23%
The Fan$1,475-12%
Old South$1,427+2%
Old Town Manchester$1,392-1%
Chimborazo$1,350+29%
Northside$1,308-40%
Chamberlayne Industrial Center$1,308-40%
Carver$1,300+3%
Byrd Park$1,295--
Fairmount$1,175--

Transportation

Commute Time

0-15 Mins

27%

15-30 Mins

50%

30-40 Mins

14%

40-60 Mins

5%

60+ Mins

4%

Transportation Scores

Percentage: 5757

Walk Score®

Walkable

No

Say 39 of 60 renters

Has Sidewalks

Yes

Say 31 of 60 renters

Percentage: 5555

Bike Score®

Bike Friendly

Yes

Say 44 of 60 renters

Area Amenities

Top Score

Grocery Stores

4.5/5 stars based on undefined reviews

There are some super markets around here.

  1. Few grocery stores per resident
  2. Significantly more grocery stores than average
  3. 16% fewer grocery stores than areas of a similar size

Restaurants

4.5/5 stars based on undefined reviews

Great service and no need for reservations. A great place for food.

  1. A high number of restaurants per resident
  2. Significantly more restaurants than average
  3. 7% more restaurants than areas of a similar size

Coffee

4.5/5 stars based on undefined reviews

We're full of beans for Richmond's coffee shop scene.

  1. Few coffee shops per resident
  2. Significantly more coffee shops than average
  3. A standard number of coffee shops compared to areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

Get your dance shoes on, Richmond looks good for nightlife.

  1. Few bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. 47% fewer bars and clubs than areas of a similar size

Parks

4.5/5 stars based on undefined reviews

Richmond is team green. Parks get a high score.

  1. Few parks per resident
  2. Significantly more parks than average
  3. 38% fewer parks than areas of a similar size

Fine Arts

4.5/5 stars based on undefined reviews

This place gets the picture when it comes to art.

  1. A high number of fine art centers per resident
  2. Significantly more fine art centers than average
  3. 44% more fine art centers than areas of a similar size

Medical Care

4.5/5 stars based on undefined reviews

The great medical care here is just what the doctor ordered.

  1. Few medical facilities per resident
  2. Significantly more medical facilities than average
  3. 22% fewer medical facilities than areas of a similar size

Gas Stations

4.5/5 stars based on undefined reviews

You won't have to drive far to fill up around here.

  1. Few gas stations per resident
  2. Significantly more gas stations than average
  3. 14% fewer gas stations than areas of a similar size

Retail Shops

3.5/5 stars based on undefined reviews

You can shop till you drop in Richmond.

  1. A high number of shops per resident
  2. Significantly more shops than average
  3. 13% more shops than areas of a similar size

Health and Fitness

3.5/5 stars based on undefined reviews

Looking good! Richmond scores high for health and fitness.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 10% fewer gyms than areas of a similar size

Pet Services

3.5/5 stars based on undefined reviews

Sit. Stay. Good boy. Richmond is a good place for pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 17% fewer pet facilities than areas of a similar size

Area Features

Area Has Litter

No

Say 55 of 60 renters

Good Place To Raise A Family

Yes

Say 51 of 60 renters

Noise Late At Night

No

Say 46 of 60 renters

Near Grocery Stores

Yes

Say 46 of 60 renters

Area Has Potholes

No

Say 44 of 60 renters

Mostly Older Buildings

No

Say 43 of 60 renters

Busy Streets

No

Say 42 of 60 renters

Near Schools

Yes

Say 42 of 60 renters

Pet Friendly

Yes

Say 41 of 60 renters

Area Has Kids Play Outside

Yes

Say 39 of 60 renters

Safe For Families

Yes

Say 35 of 60 renters

Nearby Parks

Yes

Say 32 of 60 renters

Quiet Area

Yes

Say 32 of 60 renters

Maintained Yards

No

Say 31 of 60 renters

Tree Lined Streets

No

Say 34 of 60 renters

Near Highways

No

Say 36 of 60 renters

Well Lit

No

Say 39 of 60 renters

Near Downtown

No

Say 42 of 60 renters

Nice Views

No

Say 44 of 60 renters

Mostly Newer Buildings

No

Say 46 of 60 renters

Schools

Percentage: 3/53/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Richmond

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Richmond, VA

Overview of Richmond

In a city steeped in rich history and character, Richmond VA apartments offer a unique living experience that perfectly blends the past and present. As the capital city of Virginia, Richmond welcomes many travelers throughout the year and was the site of numerous historic events. But it's not all about the past in Richmond, as this city is home to a dense art and culture community. Blending a small-town atmosphere with big-city living, Richmond apartments are a relaxing retreat amongst the hustle and bustle. Summers here are filled with music festivals and community events, while the nearby outdoor recreation options are perfect for a weekend nature getaway. This charming Southern town literally has a little something to offer everyone seeking to make Richmond, Virginia their home.

Richmond Apartments and Cost of Living

People looking for apartments in Richmond VA will enjoy the overall cost of living, which is only 1 percent higher than the national average and lower than other cities such as New York and Miami. According to PayScale, the cost of housing is 10 percent lower than the national average, but healthcare is 13 percent higher. Residents will also pay slightly more for transportation, groceries and utilities.

Living in Richmond

Many of Richmond neighborhoods have a diverse demographic; for example, the Museum District and The Fan are both welcoming to everyone from "starving" students to wealthy families. These urban neighborhoods boast tree-lined streets, Victorian townhouses, converted Richmond apartments and duplexes. People who like a suburban-feel within an urban environment may prefer Woodland Heights, just across the James River in Southside. Hugely popular among artists, Woodland Heights is known for its diverse architecture and quiet parks. Bellevue has a similar atmosphere, and is located at the very edge of the city limits.

Richmond has become more welcoming for bikers in the past few years, and is home to one of the best urban mountain bike systems in the southeast. However, those who prefer to walk may want to look at Richmond apartments for rent in the Monroe Ward, City Center, Jackson Ward, Carver or VCU neighborhoods.

Apartments in Richmond-Study

Students looking for apartments in Richmond will be near some of the area's best colleges and universities. University of Richmond, Virginia Commonwealth University, Virginia Union University and Bryant & Stratton College are a few of the area's schools.

Apartments in Richmond-Work

People who are making the move to Richmond will also find the city has a prosperous and diverse business economy. Some of the area's top private employers include Capital One Financial Corp., VCU Health System, HCA Inc., Bon Secours Richmond Health System, Dominion Resources Inc. and Wells Fargo & Co. The city is also home to 10 Fortune 500 companies.

Richmond Neighborhood Guides

If you're trying to find the best neighborhood that meets your needs, checkout our Richmond neighborhood guides. These guides walk you though what its like to live in these neighborhoods


View More

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Henrico, VA 6.9 miles$1,499$1,643
Midlothian, VA 10.9 miles$1,523$1,837
Chesterfield, VA 12.5 miles------
Mechanicsville, VA 6.1 miles---$1,827
Glen Allen, VA 8.2 miles$1,577$1,961
Chester, VA 13.6 miles$1,433$1,480
Colonial Heights, VA 21.6 miles$700$1,091
North Chesterfield, VA 7 miles$1,105$1,763
Petersburg, VA 22.7 miles$1,053$1,273
Ashland, VA 14.2 miles$830$965