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1 Bedroom Downtown houses for rent - Richmond, VA

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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 6/12/2024

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Local Guide

See what Richmond, VA has to offer.

Demographics

Education

High School

21%

Associate's

24%

Bachelor's

36%

Master's

18%

Doctorate

2%

Family Size

2 people

73%

3 people

16%

4 people

9%

5 people

0%

6+ people

3%

Household Income

0-50k

61%

50-100k

30%

100-150k

4%

150-200k

3%

200k+

3%

Age

0-10

2%

10-20

11%

20-45

72%

45-65

12%

65+

4%

Affordability

Last updated 6/12/2024

*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 Downtown, 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 Downtown, 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 6/12/2024

Cost of Living

Compared to State Average

6.2%

Compared to National Average

3.8%

The cost of living in Downtown, Richmond, VA is 6.2% lower than the state average and 3.8% lower than the national average. Downtown, Richmond, VA housing is 14.6% less expensive than the U.S average, while utilities are about 2.5% more pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.4% more in Downtown, Richmond, VA than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 6.1% less here compared to the U.S. average.
Cost of Living in Downtown, Richmond, VACompared to State AverageCompared to National Average
Housing
25.5%
14.6%
Utilities
0.8%
2.5%
Food
1.8%
0.4%
Transportation
1.9%
1.2%
Healthcare
4.7%
6.1%

Compare Other Cities

CityStudio Avg RentAnnual Change
Colonial Heights$2,269-15%
Glen Allen$1,559-12%
Tappahannock$1,500--
Richmond$1,292-2%
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%
Richmond$1,441-2%
Chester$1,433-19%
Spotsylvania$1,325-22%
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%
Richmond$1,754+1%
Henrico$1,6430%
Spotsylvania$1,620-17%
Williamsburg$1,615+15%
Chester$1,480-20%
Sandston$1,3950%
Powhatan$1,350--
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

Northside

$1,093

1 Bed Avg. Rent

Carver

$1,149

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, Northside, and Carver, where average rents for 1-bedroom apartments stand at $658, $1,093, and $1,149 respectively. Additional areas offering value are Jackson Ward and Jackson Ward Historic District, where the rents are $1,150 and $1,200, 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, Brandermill, and Manchester. A 1-bedroom apartment in Stony Point averages at $2,247, in Brandermill it averages $1,993, and in Manchester, the average is $1,692. For additional high-end living options, Carytown - Museum District offers 1-bedroom apartments at $1,499, 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 Northside, Carver, and West Grace Street. In Northside, the average rent for a 1-bedroom apartment is $1,093. Carver sees average rents of $1,149 for a 1-bedroom unit. West Grace Street offers similar appeal with 1-bedroom apartments averaging $1,399. For those seeking other popular areas, Carytown - Museum District presents 1-bedroom apartments at $1,499, 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--
Innsbrook$2,048+16%
Manchester$2,009+3%
Northside$1,336--
Downtown$1,329+3%
Carytown - Museum District$1,2500%
Old South$1,225-3%
East End$1,195-8%
Shockoe Bottom$1,195-8%
Monroe Ward$1,159+17%
Jackson Ward$1,025+16%
Neighborhood1 Bed Avg RentAnnual Change
Manchester$1,692+16%
Carytown - Museum District$1,499+3%
Carytown$1,499--
Huguenot$1,486+2%
South Richmond$1,475--
Downtown$1,4450%
The Museum District$1,445--
East End$1,424+2%
Innsbrook$1,405--
The Fan$1,399+1%
West Grace Street$1,399+1%
Shockoe Bottom$1,3990%
Oregon Hill$1,395--
Fulton Hill$1,340+4%
Old South$1,331-12%
Monroe Ward$1,299+11%
Byrd Park$1,295--
Near West End$1,260--
Mary Munford$1,260--
Jackson Ward Historic District$1,200--
Jackson Ward$1,150+8%
Carver$1,149+2%
Northside$1,093-29%
Neighborhood2 Beds Avg RentAnnual Change
Stony Point$2,830+21%
Manchester$2,557+36%
Union Hill$2,350--
Brandermill$2,265-4%
Jackson Ward$2,095+35%
Jackson Ward Historic District$2,095--
South Richmond$2,050--
Downtown$2,004+13%
Carytown$1,950--
Shockoe Bottom$1,935+8%
Huguenot$1,820+1%
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--
Monroe Ward$1,620-5%
Near West End$1,550--
Bellevue$1,550--
Mary Munford$1,550--
East End$1,540-9%
The Fan$1,475-12%
Old South$1,427+2%
Enon$1,383-22%
Northside$1,308-40%
Carver$1,300+3%
Byrd Park$1,295--
Randolph$1,195--

Transportation

Commute Time

0-15 Mins

45%

15-30 Mins

36%

30-40 Mins

9%

40-60 Mins

7%

60+ Mins

3%

Transportation Scores

Percentage: 9393

Walk Score®

Percentage: 7373

Bike Score®

Area Amenities

Top Score

Parks

4.5/5 stars based on undefined reviews

Downtown Richmond is team green. Parks get a high score.

  1. A high number of parks per resident
  2. 97% more parks than average
  3. 54% more 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. 99% more fine art centers than average
  3. 82% more fine art centers than areas of a similar size

Hospitals

4.5/5 stars based on undefined reviews

Plenty of I.V. league hospitals around here.

  1. A high number of hospitals per resident
  2. 98% more hospitals than average
  3. 60% more hospitals 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. A high number of medical facilities per resident
  2. 96% more medical facilities than average
  3. 26% more medical facilities than areas of a similar size

Theaters

4/5 stars based on undefined reviews

If the world is a stage, then Downtown Richmond is a real player.

  1. A high number of theaters per resident
  2. 98% more theaters than average
  3. 65% more theaters than areas of a similar size

Restaurants

3.5/5 stars based on undefined reviews

Rest assured, you won't go hungry around here.

  1. A high number of restaurants per resident
  2. 94% more restaurants than average
  3. 24% fewer restaurants than areas of a similar size

Coffee

3.5/5 stars based on undefined reviews

Oh la latte, not a bad spot for getting a cup of joe.

  1. A high number of coffee shops per resident
  2. 95% more coffee shops than average
  3. A standard number of coffee shops compared to areas of a similar size

Nightlife

3.5/5 stars based on undefined reviews

The perfect place to paint the town red.

  1. A high number of bars and clubs per resident
  2. 95% more bars and clubs than average
  3. 23% more bars and clubs than areas of a similar size

Childcare

3/5 stars based on undefined reviews

Downtown Richmond earns a gold star for childcare.

  1. A high number of daycares per resident
  2. 90% more daycares than average
  3. 78% fewer daycares than areas of a similar size

Pet Services

3/5 stars based on undefined reviews

It's pawsible that your pets will fall in love with Downtown Richmond.

  1. A high number of pet facilities per resident
  2. 89% more pet facilities than average
  3. 79% fewer pet facilities than areas of a similar size

Retail Shops

2.5/5 stars based on undefined reviews

The shopping scene here is a size medium.

  1. A high number of shops per resident
  2. 70% more shops than average
  3. Far fewer shops than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in Downtown Richmond.

  1. A high number of gas stations per resident
  2. 40% more gas stations than average
  3. Far fewer gas stations than areas of a similar size

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. Few grocery stores per resident
  2. An average number of grocery stores
  3. A standard number of grocery stores compared to areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Amusement Parks

2/5 stars based on undefined reviews

In need of a lift: Downtown Richmond is light on amusement parks.

  1. Few amusement parks per resident
  2. An average number of amusement parks
  3. A standard number of amusement parks compared to areas of a similar size

Schools

Top Schools in Downtown Richmond

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

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Richmond, VA 1.5 miles$1,441$1,754
Chesterfield, VA 11.9 miles------
Henrico, VA 8.3 miles$1,499$1,643
Mechanicsville, VA 5.9 miles---$1,827
Chester, VA 12.8 miles$1,433$1,480
Midlothian, VA 11.8 miles$1,523$1,837
Glen Allen, VA 9.4 miles$1,577$1,961
Hopewell, VA 18.4 miles$985$1,223
Petersburg, VA 21.8 miles$1,053$1,273
Colonial Heights, VA 20.6 miles$700$1,091

Find Houses in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Downtown$1,445$2,004
The Fan 1.6 miles$1,399$1,475
East End 1.7 miles$1,424$1,540
Church Hill 1.4 miles------
Old South 1.9 miles$1,331$1,427
Jackson Ward 0.5 miles$1,150$2,095
Monroe Ward 0.4 miles$1,299$1,620
Oregon Hill 0.7 miles$1,395---
Carver 1.1 miles$1,149$1,300
Jackson Ward Historic District 0.5 miles$1,200$2,095