What is the average apartment size in VCU, Richmond, VA?

The average size for a VCU, Richmond, VA apartment is 786 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in VCU?

As of Oct / 2025, the average rent in VCU is $1,769 per month, a 7.65% increase from last year’s average of $1,643.

How much does rent cost by apartment size in VCU?

In VCU, studios rent for $1,172 per month, one-bedroom units average $1,468 per month, two-bedrooms cost around $1,998 per month, and three-bedroom apartments rent for about $2,823 per month

What is the average apartment size in VCU?

The typical apartment in VCU offers about 786 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in VCU?

Studio apartments in VCU average 491 sq. ft., one-bedrooms offer 630 sq. ft., two-bedrooms are about 960 sq. ft., and three-bedroom apartments average 1,108 sq. ft.

VCU, Richmond, VA Rental Market Trends

Q: What's the typical rent budget in VCU?

The typical rent budget in VCU ranges from $1,501 to $2,000 per month, with 46% of rentals in this range.

Q: Do most people rent or own in VCU?

In VCU, 67% of households rent while 33% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in VCU is $1,769, a 7.65% increase compared to the previous year, when the average rent was $1,643.

Studio Apartments at $1,172 offer the most budget-friendly option with 491 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 630 square feet for $1,468, balancing privacy and affordability.

Two-beedroom units at $1,998 offer 960 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,108 sq ft) for $2,823, suitable for larger households.

Average rent in VCU, Richmond, VA

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,769	786 sq. ft.
Studio	$1,172	491 sq. ft.
1 Bed	$1,468	630 sq. ft.
2 Beds	$1,998	960 sq. ft.
3 Beds	$2,823	1,108 sq. ft.

VCU, Richmond, VA rent trends

Rental prices in VCU, Richmond, VA have increased by 7.65% over the past year. The average rent moved from $1,643 to $1,769.

What's the typical rent budget in VCU, Richmond, VA?

The largest share of rentals in VCU, Richmond, VA (46%) 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 VCU, Richmond, VA?

10,182 or 67% of the households in VCU, Richmond, VA are renter-occupied while 4,968 or 33% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in VCU?

Falling Creek Villa - Sherbourne Heights $1,165/month

Elkhardt $1,208/month

Piney Knolls $1,289/month

All of these neighborhoods fall below the city wide average of $1,583/month.

Most expensive neighborhoods in VCU?

Scott's Addition $1,951/month

Brittons Hill $1,969/month

Dabney Center $2,010/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Richmond, VA By Neighborhood

Neighborhood	Average Rent
Dabney Center	$2,010
Brittons Hill	$1,969
Scott's Addition	$1,951
The Diamond	$1,940
Sauer's Gardens	$1,913
Museums	$1,908
Stony Point	$1,880
Heritage Commons - Country Place	$1,847
Central Office	$1,833
Providence Green	$1,811
Crestview	$1,741
Manchester	$1,720
The Fan	$1,680
Museum District	$1,658
Shockoe Slip	$1,593
Old Town Manchester	$1,583
Belfair - Lantern Ridge	$1,568
Jackson Ward	$1,565
Richmond City Center	$1,559
Monroe Ward	$1,547
Shockoe Bottom	$1,518
Hioaks	$1,485
Chippenham Forest	$1,474
Central Park - Crescent Park	$1,438
Woodland Heights	$1,361
Cedarhurst	$1,359
Upper Shockoe Valley	$1,351
Piney Knolls	$1,289
Elkhardt	$1,208
Falling Creek Villa - Sherbourne Heights	$1,165

Richmond | Rent Comparison by Neighborhood

Rent in Belfair - Lantern Ridge is 20% lower than in Brittons Hill

$1,568

Belfair - Lantern Ridge rent is 11% lower than Richmond average

Average Rent $1,568

$1,969

Brittons Hill rent is 11% higher than Richmond average

Average Rent $1,969

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 VCU 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.