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3 Bedroom Apartments for Rent in Richmond, VA - 95 Rentals available

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Richmond, VA Demographics

  • Total Population213,735
  • Female 101,702
    Male 112,033
  • Median Age32.9

Average Rent in Richmond, VA

  • Richmond, VA Average Rental Price, January 2019$1,060/mo

Richmond, VA Apartment Rent Ranges

  • $501-$7007%
  • $701-$1,00046%
  • $1,001-$1,50038%
  • $1,501-$2,0007%
  • > $2,0002%

Richmond, VA Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Richmond, VA $952 $974 $973 $976 $1,002 $1,013 $1,017 $1,016 $1,060
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Check out the average rent prices in Richmond by neighborhood.

Richmond, VA Households

  • Total Number of Households87,224
  • Family 40,598
    Non-family 46,626
  • Children 20,642
    No Children 66,582
  • Average People Per Household2.33
  • Median Household Income$40,758
  • Median Housing Costs Per Month$970

Richmond, VA Education Statistics

  • No High School6%
  • Some High School33%
  • Some College25%
  • Associate Degree5%
  • Bachelor Degree20%
  • Graduate Degree12%

Renting a 3 bedroom apartment in Richmond, VA

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 930 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Richmond, VA, rents on 3 bedroom apartments go up to $8,431. 61 rental properties offer 3 bedroom units in Richmond, VA to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Richmond, VA

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $399 in Richmond, VA, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Brookland Park or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.