Apartments for Rent in Richmond, VA

Prices and availability in Richmond, VA were last updated on 21 Aug 2026.

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

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

The price range for a studio apartment in Richmond, VA is between $900 and $5,528.

The price range for a 1-bedroom apartment in Richmond, VA is between $750 and $7,128.

The price range for a 2-bedroom apartment in Richmond, VA is between $629 and $11,073.

The price range for a 3-bedroom apartment in Richmond, VA is between $925 and $16,345.

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 age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Richmond are about 32 years old, on average. Of these, 47% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 81% of the rental communities here are low-rise, garden-style communities, 20% are mid-rises, and 7% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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.