Apartments for Rent in Richmond, VA

Prices and availability in Richmond, VA were last updated on 10 May 2026.

The best apartments in Richmond, VA are: Link Apartments® Manchester, Canopy at Ginter Park Apartments, Summit at Bon Air, Tapestry West and Exchange Place.

The average rent in Richmond, VA is $1,558.

The price range for a studio apartment in Richmond, VA is between $995 and $4,622.

The price range for a 1-bedroom apartment in Richmond, VA is between $705 and $6,303.

The price range for a 2-bedroom apartment in Richmond, VA is between $900 and $10,274.

The price range for a 3-bedroom apartment in Richmond, VA is between $955 and $15,322.

In Richmond 57% of the housing is rented out compared to 43% of homes are owned, according to the most recent Census Bureau estimates. 23% of Richmond's apartments are found in large buildings of 50 units or more, 58% are located in smaller apartment complexes with less than 50 units, and 18% are single-family rentals.

The average age of rental buildings in Richmond is 32 years old, with 47% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 81% are garden-style apartment communities, 20% are mid-sized buildings, and 7% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Richmond come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 40% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Richmond. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.