Prices and availability in Richmond, VA were last updated on 19 Sep 2026.
The best apartments in Richmond, VA are: Tapestry West, Summit at Bon Air, Link Apartments® Manchester, Canopy at Ginter Park Apartments and Victory at Edgewood.
The average rent in Richmond, VA is $1,558.
The price range for a studio apartment in Richmond, VA is between $900 and $5,933.
The price range for a 1-bedroom apartment in Richmond, VA is between $750 and $7,296.
The price range for a 2-bedroom apartment in Richmond, VA is between $629 and $10,995.
The price range for a 3-bedroom apartment in Richmond, VA is between $925 and $16,039.
In Richmond 56% of the housing is rented out compared to 44% of homes are owned, according to the most recent Census Bureau estimates. 24% 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.
