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Last updated December 7 2019 at 2:03 PM

102 3 Bedroom Apartments for rent in Richmond, VA

Last updated December 9 at 06:20am
Woodmont
1 Unit Available
10532 Ashburn Road
10532 Ashburn Road, Bon Air, VA
3 Bedrooms
$1,550
1575 sqft
Brick rancher has 3 Bedrooms 2 Baths, living room, family room, dining room with eat in kitchen, and utility room. Central Air/Central Heat. Bon Air Elementary, Robius Middle School, and James River High School.
Last updated December 8 at 07:33pm
1 Unit Available
10334 Iron Mill Road
10334 Iron Mill Road, Bon Air, VA
3 Bedrooms
$950
1267 sqft
We are seeking a tenant with 600 or more credit score , 3x rent to income and good past rental history no judgements,evictions and bankruptcy.$45 Application Fee per adult, $125 lease fee. $10 monthly HVAC filter delivery fee.
Last updated December 9 at 05:41am
1 Unit Available
6115 Belgreen Ct
6115 Belgreen Ct, Chesterfield County, VA
3 Bedrooms
$1,500
Welcome home! This luxury MAINTENANCE FREE 3 bedroom 2 1/2 bath townhome in Belfair Townhomes is conveniently located near Chippenham Parkway and easily accessible from Belmont or Turner Rd .
Last updated December 9 at 06:21am
1 Unit Available
1205 Middleberry Drive
1205 Middleberry Drive, Henrico County, VA
AMAZING RENOVATION! Very Well Laid Out Split-Level Home! Featuring a Beautiful Living Room with New LVT and Fresh Paint. Completely New Eat-in Kitchen with Granite Countertops, Stainless Steel Appliances and Ceramic Tile.
Last updated December 9 at 06:20am
1 Unit Available
4826 Morrison Road
4826 Morrison Road, Henrico County, VA
3 Bedrooms
$1,650
2000 sqft
Highly Sought After Area!! MUST SEE..Beautiful West End home in Brittons Hill subdivision. Address is 4826 Morrison Road. Easily accessible to interstate 64. All brick 3 bedrooms, 2 full baths, 2000 square feet.

December 2019 Richmond Rent Report

Welcome to the December 2019 Richmond Rent Report. Richmond rents increased over the past month. In this report, we'll evaluate trends in the Richmond rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

December 2019 Richmond Rent Report

Welcome to the December 2019 Richmond Rent Report. Richmond rents increased over the past month. In this report, we'll evaluate trends in the Richmond rental market, including comparisons to cities throughout the state and nation.

Richmond rents increased slightly over the past month

Richmond rents have increased 0.2% over the past month, and are up marginally by 0.8% in comparison to the same time last year. Currently, median rents in Richmond stand at $900 for a one-bedroom apartment and $1,038 for a two-bedroom. Richmond's year-over-year rent growth lags the state average of 1.6%, as well as the national average of 1.4%.

    Rents rising across cities in Virginia

    Throughout the past year, rent increases have been occurring not just in the city of Richmond, but across the entire state. Of the largest 10 cities that we have data for in Virginia, all of them have seen prices rise. The state as a whole logged rent growth of 1.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Arlington is the most expensive of all Virginia's major cities, with a median two-bedroom rent of $2,122; of the 10 largest Virginia cities that we have data for, all have seen rents rise year-over-year, with Arlington experiencing the fastest growth (+2.2%).
    • Virginia Beach, Roanoke, and Alexandria have all experienced year-over-year growth above the state average (1.8%, 1.7%, and 1.7%, respectively).

    Richmond rents more affordable than many large cities nationwide

    As rents have increased marginally in Richmond, a few large cities nationwide have also seen rents grow modestly. Richmond is still more affordable than most large cities across the country.

    • Richmond's median two-bedroom rent of $1,038 is below the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 0.8% rise in Richmond.
    • While Richmond's rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+3.9%), Dallas (+2.2%), and Seattle (+1.6%).
    • Renters will find more reasonable prices in Richmond than most large cities. For example, San Francisco has a median 2BR rent of $3,101, which is nearly three times the price in Richmond.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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