Apartments for Rent in Richmond, VA
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Frequently Asked Questions

When were prices and availability in Richmond, VA last updated?

Prices and availability in Richmond, VA were last updated on 26 Jun 2022.

What are the best apartments in Richmond, VA?

The best apartments in Richmond, VA are: Link Apartments® Manchester, 2000 Riverside Apartments, Canopy at Ginter Park Apartments, Scott's View and The Mezzo Lofts.

What is the average rent in Richmond, VA?

The average rent in Richmond, VA is $1,384. Start your search for apartments in Richmond, VA now.

What is the price range for a studio apartment in Richmond, VA?

The price range for a studio apartment in Richmond, VA is between $15 and $4,155. View all studio apartments in Richmond, VA.

What is the price range for a 1-bedroom apartment in Richmond, VA?

The price range for a 1-bedroom apartment in Richmond, VA is between $15 and $2,900. Browse all available 1-bedroom apartments in Richmond, VA now.

What is the price range for a 2-bedroom apartment in Richmond, VA?

The price range for a 2-bedroom apartment in Richmond, VA is between $15 and $4,667. Browse and find a 2-bedroom apartment in Richmond, VA.

What is the price range for a 3-bedroom apartment in Richmond, VA?

The price range for a 3-bedroom apartment in Richmond, VA is between $15 and $3,750. Browse all available 3-bedroom apartments in Richmond, VA.

Renter's guide to Richmond, VA

Richmond is every colonial era lover’s dream. It originally served as a shipping and transport crossroads, Richmond has now developed into a modern capital with an economy supported by diverse fields, ranging from biotechnology to finance. Richmond is doing well for itself, too - it landed a spot on Forbes’ list of 10 best cities for commuters.

Richmond was first founded by English settlers in the 17th century, but wasn’t incorporated until 1742. It served as a major player in both the American Revolution and Civil War. In the 20th century, an industrial economy allowed it to maintain its position as a major east coast city.

Richmond is both the capital of Virginia and the state’s fourth largest city. Interestingly enough, it is an independent city and not formally located in any county. Richmond is 220% larger than Roanoke, VA, but is one third the size of Baltimore. Atlanta is about twice as large as Richmond, while Charlotte is about four times larger.

Lynchburg, VA is 113 miles away from Richmond. Richmond is located at a distance of 108 miles from Washington, DC and about 189 miles from Roanoke. This makes it convenient for visiting your friends up and down the east coast.

The weather in Richmond is rather temperate, with dry autumns. It offers a nice balance for your new home. Snowfall rarely exceeds 3 inches. Summer temperatures average about 80°F, with the winter average at around 39°F. A particularity for the city are Atlantic hurricanes.

Richmond experiences four distinct seasons, with winter in December through February, March to May for spring, June until August making up summer, and September to November for autumn.

Richmond, VA Demographics

Total Population229,233
Female 108,709

Male 120,524
Median Age34.1

Richmond, VA has a population of 229,233 according to the most recent data from the U.S. Census Bureau. 120,524 of Richmond’s residents are women and 108,709 are men. The median age of those who live in Richmond, VA is 34.1.

Cost of Living in Richmond, VA

Although the Richmond International Airport and a large Greyhound Bus hub serve Richmond’s external public transportation needs, the only internal public transit option is the Greater Richmond Transit Company (GRTC) bus system. It serves only select sections of the city. A single fare is $1.50 and 30-day passes will cost you $60.

Fortunately, multiple cab companies service Richmond. Napoleon Taxi, Taxi Richmond, Veterans Cab and Henrico Taxi all run in the city. The average commute time is 19 minutes, well below the national average of 26 minutes. This ensures you’ll spend less time in your car and more time enjoying the city.

A three-course meal for two at a mid-priced restaurant in Richmond will cost you from $35 to $60. The average price of a regular cappuccino is $3.95.

The average cost for utilities like electricity, heating, water, and garbage for a 915-square-foot apartment in Richmond is $181.35. This is higher than the national average of $147.

Average Rent in Richmond, VA

Richmond, VA Average Rental Price, February 2022 $1,384 ^/mo

The average monthly rent of apartments in Richmond, VA is $1,384.

Richmond, VA Apartment Rent Ranges

About 52% of apartment rents in Richmond, VA range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 27% of apartments. Around 15% of Richmond’s apartments are in the $701-$1,000 price range. 1% of apartments are priced between $501-$700.

Richmond, VA Rent Trends

Average Rent	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	Jul / 2021	Nov / 2021	Feb / 2022
Richmond, VA	$1,067	$1,083	$1,109	$1,118	$1,116	$1,139	$1,190	$1,203	$1,301	$1,328	$1,384
National	$1,362	$1,367	$1,399	$1,407	$1,409	$1,399	$1,403	$1,412	$1,495	$1,591	$1,628

Compared to the national average rent of $1,628, the average rent in Richmond, VA is $1,384.

Check out the average rent prices in Richmond by neighborhood.

Living in Richmond, VA

Most Richmond citizens would say the pros of their city outweigh the cons. For instance, traffic congestion is incredibly low and finding a parking space is not usually a problem. It’s also a great city for college sports fans.

However, the city lacks a comprehensive public transportation system. Additionally, some people have reservations about the continued downtown expansion of Virginia Commonwealth University.

Richmond has a lot of African American culture in its veins and this is best represented by its food and art. You’ll find outstanding soul food restaurants in the city, along with Jamaican eateries, and African American heritage festivals.

Things to do in Richmond, VA

Families with kids can go see a Richmond Flying Squirrels game, the city’s minor league baseball team, or take their canine pal over to the Barker Field Dog Park. Another great Richmond park for you to enjoy is Belle Isle, located downtown. In fact, Belle Isle was rated among the best parks in the city by the Richmond Times-Dispatch.

For a family outing, the Richmond Zoo is always an excellent choice, and the Science Museum of Virginia has interesting exhibits for both adults and children. If you want to spend some time in the great outdoors, the James River is a great spot for fishing, boating, and picnics.

Some worthwhile free things to do in Richmond include visiting the Virginia Holocaust Museum, a powerful experience. If you’re a Civil War history buff, then the historical battle site of Fort Harrison is an excellent choice for you.

They say Virginia is for lovers, and Richmond perfectly reflects that. Estilo, a local favorite Latin American restaurant, is a great choice for your next date. Afterwards, consider stopping by Blue Bee Cider in Old Town Manchester for a couple’s tasting.

Every year, the Carytown Watermelon Festival in Richmond is a big draw, especially if you enjoy tasty fruit. The Hanover Tomato Festival is equally popular. Also, Richmond’s African American culture has been celebrated for over 25 years with music, art, and food at the annual 2nd Street Festival.

If you’re looking for shopping options in Richmond, you won’t be disappointed. For example, there’s Careytown, a trendy district with over 200 shops. You can also shop at Chesterfield Towne Center, a more traditional mall with over 125 stores. Finally, Short Pump Town Center provides you with outdoor shopping venues, as well as a variety of shops and restaurants.

Richmond, VA employment & economy

Besides the obvious economic stimulus from its universities, Richmond is also home to Altria Group and Genworth Financial. Two additional financial companies located in the city, Capital One and Suntrust Bank, show the importance of this industry to Richmond’s economy and provide plenty of jobs in the banking sector.

Biotechnology and research firms have been moving to Richmond recently, bringing along opportunities for those searching for STEM jobs. Finally, Richmond may give you the chance to make an appearance on the big screen, as it’s an up-and-coming location for the film industry, with many features and short films being shot in the city.

Richmond, VA Households

Total Number of Households91,005
Family 40,232

Non-family 50,773
Children 17,996

No Children 73,009

Average People Per Household2.4
Median Household Income$51,421
Median Housing Costs Per Month$1,129

According to U.S. Census data, there are 91,005 households in Richmond, VA. 40,232 are family households and 50,773 are non-family households. There are 17,996 households with children in Richmond and 73,009 households without children. On average, about 2.4 people live in a household in Richmond, VA. The median income of a Richmond household living in Richmond is $51,421 per year. The median housing costs per month are $1,129.

Education in Richmond, VA

The major universities in the city include The University of Richmond, a liberal arts institution with high-ranked business and law programs, and Virginia Commonwealth University. VCU boasts both a school of medicine and a dental school if you’re an aspiring healthcare provider.

Richmond, VA Education Statistics

The level of education of the population of Richmond, VA is as follows: 4% have no high school education, 31% completed some high school, 21% partially completed college, 5% have an Associate Degree, 23% have a Bachelor Degree, and 15% have a Graduate Degree.

Tips for renting in Richmond, VA

Virginia provides you with many rights as a renter, including limiting security deposits to the equivalent of two months’ rent. Also, a landlord is required to refund your security deposit within 90 days of the premises being vacated. Additionally, landlords are obligated to ensure necessary services are provided to you, like hot water and functioning locks. Finally, Virginia law compels all landlords to tell you whether mold has been found on your premises.

Most Expensive Rental
The Locks Tower $1,417 - $4,701
Least Expensive Rental
Marshall Park Townhomes $599 - $735

RentCafe is your one-stop shop for finding a great new apartment in Richmond, VA. Easily search through a wide selection of apartments for rent in Richmond, VA, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Richmond, VA apartments with rents starting from $804 and submit your rental application today!

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Apartments for Rent in Richmond, VA 483 Rentals Available

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