What's the average rent in Richmond, VA?

Rental Market Trends in Richmond, VA

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Richmond, VA is $1,709 per month, which is 13% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,709

0.8%$14 increase month-over-month

3.6%$59 increase year-over-year

AVAILABLE RENTALS

1,228

APARTMENTS

$1,472

HOUSES

$2,300

TOWNHOUSES

$2,200

As of July 2026, apartments are the most affordable rental option in Richmond, VA at $1,472 per month, while houses are the most expensive at $2,300 per month. Townhomes average $2,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,375
2 Bedrooms	$1,662
3 Bedrooms	$2,278
4 Bedrooms	$2,550
All	$1,695

As of July 2026, the average rent for a 1 bedroom rental in Richmond, VA is $1,375 per month, followed by $1,662 for a 2 bedroom rental, $2,278 for a 3 bedroom rental, and $2,550 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,550
3 Bedrooms	$2,525
4 Bedrooms	$2,700
All	$2,295

As of July 2026, the average rent for a 1 bedroom townhome in Richmond, VA is $1,600 per month, followed by $1,550 for a 2 bedroom townhome, $2,525 for a 3 bedroom townhome, and $2,700 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,609
3 Bedrooms	$2,250
4 Bedrooms	$2,450
All	$1,595

As of July 2026, the average rent for a 1 bedroom apartment in Richmond, VA is $1,350 per month, followed by $1,609 for a 2 bedroom apartment, $2,250 for a 3 bedroom apartment, and $2,450 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,175
2 Bedrooms	$1,800
3 Bedrooms	$2,300
4 Bedrooms	$2,550
All	$2,300

As of July 2026, the average rent for a 1 bedroom house in Richmond, VA is $1,175 per month, followed by $1,800 for a 2 bedroom house, $2,300 for a 3 bedroom house, and $2,550 for a 4 bedroom house.