What's the average rent in Richmond, VA?

Rental Market Trends in Richmond, VA

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Richmond, VA is $1,692 per month, which is 12% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,692

0.8%$13 increase month-over-month

6.1%$97 increase year-over-year

AVAILABLE RENTALS

1,040

APARTMENTS

$1,453

HOUSES

$2,175

TOWNHOUSES

$1,895

As of October 2026, apartments are the most affordable rental option in Richmond, VA at $1,453 per month, while houses are the most expensive at $2,175 per month. Townhomes average $1,895 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,675
3 Bedrooms	$2,142
4 Bedrooms	$2,450
All	$1,692

As of October 2026, the average rent for a 1 bedroom rental in Richmond, VA is $1,350 per month, followed by $1,675 for a 2 bedroom rental, $2,142 for a 3 bedroom rental, and $2,450 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,695
3 Bedrooms	$2,250
4 Bedrooms	$1,995
All	$1,895

As of October 2026, the average rent for a 1 bedroom townhome in Richmond, VA is $1,600 per month, followed by $1,695 for a 2 bedroom townhome, $2,250 for a 3 bedroom townhome, and $1,995 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,295
2 Bedrooms	$1,695
3 Bedrooms	$2,100
4 Bedrooms	$1,252
All	$1,600

As of October 2026, the average rent for a 1 bedroom apartment in Richmond, VA is $1,295 per month, followed by $1,695 for a 2 bedroom apartment, $2,100 for a 3 bedroom apartment, and $1,252 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,675
3 Bedrooms	$2,164
4 Bedrooms	$2,470
All	$2,175

As of October 2026, the average rent for a 1 bedroom house in Richmond, VA is $1,350 per month, followed by $1,675 for a 2 bedroom house, $2,164 for a 3 bedroom house, and $2,470 for a 4 bedroom house.