129 Houses for rent in Richmond, VA

Last updated May 25 at 6:37pm UTC
20 North Boulevard
The Museum District
Richmond, VA
Updated May 25 at 6:37pm UTC
3 Bedrooms
$2,150
4617 Milfax Road
Richmond
Richmond, VA
Updated May 25 at 4:58pm UTC
3 Bedrooms
$1,250
2419 Grove Avenue
The Fan
Richmond, VA
Updated May 25 at 4:58pm UTC
5 Bedrooms
$4,400
1004 Willow Lawn Dr
Willow Lawn
Richmond, VA
Updated May 25 at 4:51pm UTC
4 Bedrooms
$1,395
1204 Hyde Lane
Richmond
Richmond, VA
Updated May 25 at 4:50pm UTC
4 Bedrooms
$2,100
3612 Griffin Avenue
Edgewood
Richmond, VA
Updated May 24 at 11:03am UTC
3 Bedrooms
$1,075
105-A N. 18th St.
Shockoe Bottom
Richmond, VA
Updated May 23 at 10:05am UTC
2 Bedrooms
$1,095
3523 Oregon Oak Dr
Meadowbook
Richmond, VA
Updated May 22 at 8:46pm UTC
4 Bedrooms
$1,600
519 N. 24th Street
Church Hill
Richmond, VA
Updated May 22 at 8:42pm UTC
1 Bedroom
$1,295
2006 Libbie Ave
Richmond
Richmond, VA
Updated May 22 at 8:39pm UTC
3 Bedrooms
$1,395
4902 Edgefield Street
Richmond
Richmond, VA
Updated May 22 at 12:30pm UTC
3 Bedrooms
$1,100
2828 Scarsborough Dr.
Huguenot
Richmond, VA
Updated May 22 at 12:29pm UTC
4 Bedrooms
$1,695
8400 Sir Sagamore Court
Richmond
Richmond, VA
Updated May 22 at 12:24pm UTC
3 Bedrooms
$1,525
5422 Dorchester Road
Westover Hills
Richmond, VA
Updated May 22 at 12:23pm UTC
3 Bedrooms
$1,495
1308 T Street
Oakwood
Richmond, VA
Updated May 25 at 4:59pm UTC
3 Bedrooms
$1,300
4001 Hermitage Road
Bellevue
Richmond, VA
Updated May 25 at 2:10pm UTC
3 Bedrooms
$1,695
1305 Catherine St.
Carver
Richmond, VA
Updated May 24 at 11:07am UTC
4 Bedrooms
$2,385
903 Dominion Townes Ct
Richmond
Richmond, VA
Updated May 22 at 8:46pm UTC
3 Bedrooms
$1,350
6202 Impala Drive
Lakeside
Richmond, VA
Updated May 22 at 8:39pm UTC
3 Bedrooms
$1,225
313 Goshen Street
Carver
Richmond, VA
Updated May 22 at 8:39pm UTC
3 Bedrooms
$1,695
1000 W Clay Street
Carver
Richmond, VA
Updated May 22 at 12:28pm UTC
4 Bedrooms
$2,150
308 W. Clay Street
Jackson Ward
Richmond, VA
Updated May 22 at 12:27pm UTC
4 Bedrooms
$2,400
2911 East Broad Street
Church Hill
Richmond, VA
Updated May 22 at 8:17am UTC
3 Bedrooms
$1,675
6400 Kensington Ave
Three Chopt
Richmond, VA
Updated May 21 at 11:12am UTC
3 Bedrooms
$1,600
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

May 2018 Richmond Rent Report

Welcome to the May 2018 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 Richmond Rent Report
Rent Report
Richmond

May 2018 Richmond Rent Report

Welcome to the May 2018 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 increase sharply over the past month

Richmond rents have increased 0.9% over the past month, and have increased moderately by 3.1% in comparison to the same time last year. Currently, median rents in Richmond stand at $890 for a one-bedroom apartment and $1,020 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in November of last year. Richmond's year-over-year rent growth leads the state average of 0.9%, as well as the national average of 1.5%.

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, 9 of them have seen prices rise. The state as a whole logged rent growth of 0.9% 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 $2,020; of the 10 largest Virginia cities that we have data for, 9 have seen rents rise year-over-year, with Richmond experiencing the fastest growth (+3.1%).
  • Chesapeake, Hampton, and Newport News have all experienced year-over-year growth above the state average (2.0%, 1.6%, and 1.5%, respectively).

Richmond rents more affordable than many large cities nationwide

As rents have increased moderately 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 $1,020 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 3.1% increase in Richmond.
  • While Richmond's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • Renters will find more reasonable prices in Richmond than most large cities. For example, San Francisco has a median 2BR rent of $3,060, 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.