Stony Point, Richmond, VA Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Stony Point is $1,946, a 2.12% increase compared to the previous year, when the average rent was $1,905.
One-bedroom apartments provide 813 square feet for $1,730, balancing privacy and affordability.
Two-beedroom units at $2,013 offer 1,158 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,424 sq ft) for $2,311, suitable for larger households.
Average rent in Stony Point, Richmond, VA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,946 | 1,067 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,730 | 813 sq. ft. |
| 2 Beds | $2,013 | 1,158 sq. ft. |
| 3 Beds | $2,311 | 1,424 sq. ft. |
Stony Point, Richmond, VA rent trends
Rental prices in Stony Point, Richmond, VA have increased by 2.12% over the past year. The average rent moved from $1,905 to $1,946.
What's the typical rent budget in Stony Point, Richmond, VA?
The largest share of rentals in Stony Point, Richmond, VA (68%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Stony Point, Richmond, VA?
280 or 27% of the households in Stony Point, Richmond, VA are renter-occupied while 766 or 73% are owner-occupied.
Most affordable neighborhoods in Stony Point?
Cofer $953/month
Falling Creek Villa - Sherbourne Heights $1,194/month
Elkhardt $1,217/month
All of these neighborhoods fall below the city wide average of $1,573/month.Most expensive neighborhoods in Stony Point?
The Diamond $1,967/month
Dabney Center $2,012/month
Carver $2,085/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Richmond, VA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Carver | $2,085 |
| Dabney Center | $2,012 |
| The Diamond | $1,967 |
| Brittons Hill | $1,961 |
| Stony Point | $1,946 |
| Sauer's Gardens | $1,937 |
| Museums | $1,935 |
| Heritage Commons - Country Place | $1,855 |
| Central Office | $1,839 |
| Scott's Addition | $1,822 |
| Austin Heights | $1,819 |
| Crestview | $1,813 |
| Providence Green | $1,809 |
| Rock Creek Park | $1,734 |
| Manchester | $1,712 |
| The Fan | $1,699 |
| VCU | $1,675 |
| Museum District | $1,645 |
| Monroe Ward | $1,605 |
| Chamberlayne Industrial Center | $1,598 |
| Shockoe Slip | $1,588 |
| Belfair - Lantern Ridge | $1,584 |
| Old Town Manchester | $1,573 |
| Richmond City Center | $1,559 |
| Jackson Ward | $1,543 |
| Jahnke | $1,534 |
| Shockoe Bottom | $1,525 |
| Hioaks | $1,517 |
| Upper Shockoe Valley | $1,457 |
| Chippenham Forest | $1,441 |
| Central Park - Crescent Park | $1,397 |
| Malvern Gardens | $1,397 |
| Cedarhurst | $1,382 |
| Knightsbridge | $1,378 |
| Woodland Heights | $1,373 |
| Stevens Hollow - Newberry Towne | $1,355 |
| Swanson | $1,301 |
| Piney Knolls | $1,288 |
| McGuire Veterans Hospital | $1,236 |
| Elkhardt | $1,217 |
| Falling Creek Villa - Sherbourne Heights | $1,194 |
| Cofer | $953 |
Richmond | Rent Comparison by Neighborhood
Rent in Stony Point is 7% higher than in Austin Heights
Stony Point rent is the same as Richmond average
Austin Heights rent is 7% lower than Richmond average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Stony Point apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.