What's the average rent in Richmond, VA?

Rental Market Trends in Richmond, VA

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Richmond, VA is $1,700 per month, which is 12% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,700

0.3%$5 increase month-over-month

0.9%$15 increase year-over-year

AVAILABLE RENTALS

1,250

APARTMENTS

$1,355

HOUSES

$2,400

TOWNHOUSES

$2,350

As of May 2026, apartments are the most affordable rental option in Richmond, VA at $1,355 per month, while houses are the most expensive at $2,400 per month. Townhomes average $2,350 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,360
2 Bedrooms	$1,650
3 Bedrooms	$2,300
4 Bedrooms	$2,800
All	$1,700

As of May 2026, the average rent for a 1 bedroom rental in Richmond, VA is $1,360 per month, followed by $1,650 for a 2 bedroom rental, $2,300 for a 3 bedroom rental, and $2,800 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,295
2 Bedrooms	$1,495
3 Bedrooms	$2,500
4 Bedrooms	$3,250
All	$2,350

As of May 2026, the average rent for a 1 bedroom townhome in Richmond, VA is $1,295 per month, followed by $1,495 for a 2 bedroom townhome, $2,500 for a 3 bedroom townhome, and $3,250 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,325
2 Bedrooms	$1,650
3 Bedrooms	$2,308
4 Bedrooms	$3,200
All	$1,595

As of May 2026, the average rent for a 1 bedroom apartment in Richmond, VA is $1,325 per month, followed by $1,650 for a 2 bedroom apartment, $2,308 for a 3 bedroom apartment, and $3,200 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,175
2 Bedrooms	$1,795
3 Bedrooms	$2,333
4 Bedrooms	$2,778
All	$2,400

As of May 2026, the average rent for a 1 bedroom house in Richmond, VA is $1,175 per month, followed by $1,795 for a 2 bedroom house, $2,333 for a 3 bedroom house, and $2,778 for a 4 bedroom house.