Apartments for Rent in Richmond, VA

Listings last updated 07/21/2021
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Frequently Asked Questions

How much is the average rent in Richmond, VA?

The average rent in Richmond, VA is at $1,268. There are 123 apartments for rent in Richmond, VA to choose from, with prices between $630 and $5,141 per month.

How to search for apartments for rent in Richmond, VA?

Your perfect apartment for rent in Richmond, VA is just a few clicks away on Point2. You can look up 1-bedroom, 2-bedroom, 3-bedroom apartments, studio apartments or any other type of rental in Richmond, VA. Just use the filtering options available to find properties according to your needs. 

How to find Richmond, VA apartments for rent I can afford?

On Point2, you can search for apartment rentals in Richmond, VA based on your budget. Sort all condos according to price, or get a tailored list of properties by setting the minimum and maximum monthly rates you're comfortable with. Moreover, you can use the Price Drop filter to look for any recent rent declines on the Richmond, VA rental market. 

What type of information can I find on Point2?

Point2 offers a lot of information about rentals in Richmond, VA, from property type, square footage and amenities to area demographics and even local rent trends. Additionally, you can use the map view to check if the apartments you're looking at are close to the facilities and services you need. The name and contact details of the real estate agents handling the condos are available on all listings, so just reach out to them directly through the contact forms provided. 

How to find apartments for rent near me?

Save time and energy when looking up nearby rental places by using the Point2 near me pages: Apartments for rent near your location | Houses for rent near me| Townhomes for rent near me | 1-bedroom rentals near me| 2-bedroom rentals near me | 3-bedroom rentals near me

Renter’s City Guide to Richmond, VA

Introducing Richmond Expenses & Housing Stats Jobs & Education Lifestyle & Renting Tips

Richmond is the state capital of Virginia, an independent city that is rich in history. Founded in the 17th century and incorporated in 1742, the city was vital in both the American Revolution and the Civil War. Those with an interest in colonial-era history will have plenty to keep them entertained. Nowadays, this major east coast city has grown into a modern capital with a strong economy home to many industries, including finance and biotechnology.

How big is Richmond?

While Richmond is the state capital of Virginia, it is only the 4th largest city in the state. With a population of around 223,800 and an area of 62.57 sq.miles, it's only slightly smaller than other Virginia cities such as Norfolk and Chesapeake and around 220% larger than nearby Roanoke. 

What cities are close to Richmond?

Washington DC is around 110 miles north of Richmond, while Lynchburg lies 113 miles to the west, and Roanoke is slightly further at 189 miles. Petersburg is just 24 miles south of Richmond.

What is the weather like in Richmond?

Richmond enjoys a temperate climate with snowfall rarely exceeding 3” per year, summer temperatures averaging around 80°F, winter lows averaging 39°F and dry autumns. The city sees four distinctive seasons; summer runs June through August, fall September through November, winter December through February and spring March through May. Hurricanes, though rare, are not unheard of in Richmond.


What are the pros of living in Richmond?

There’s a lot to love about living in Richmond. One major boon is the low level of congestion on the roads. In fact, with an average commute time of just 19 minutes, locals spend far less time commuting compared to the national average of 26 minutes. The city has been recognized by Forbes as one of the top 10 best cities for commuters. In addition, it’s not difficult to find parking in the city. Richmond is also a vibrant college town with a bustling sports scene.

What are the cons of living in Richmond?

While Richmond is great if you have a private vehicle, public transportation options are fairly limited. Also, the continuous expansion of the Virginia Commonwealth University downtown is a cause for concern for residents living in that area.

How cultural is Richmond?

Richmond is a fairly diverse city with rich African American heritage alongside its English history. This gives the city a vibrant art scene, as well as astounding soul food restaurants and Jamaican eateries. Cultural diversity is also celebrated with numerous annual heritage festivals.

Richmond Demographic Highlights

Total Population 226,622
Median Age 34

How much is public transportation in Richmond?

Public transport in Richmond is served by the Greater Richmond Transit Company (GRTC), which operates numerous local bus routes in select portions of the city. A regular fare costs around $1.75, while a monthly pass averages out at $60. A number of taxi services operate within the city, with fares starting at $3 plus $2.50 per mile.

How much does a meal cost in Richmond?

When eating out in Richmond you can expect to pay an average of $60 for a three-course meal for two. A regular coffee will add around $4.25 to your bill.

How much are utilities in Richmond?

On average, you can expect to pay around $145 for your basic monthly utilities in Richmond. This is based on a 915 sq.ft apartment and includes water, electricity, heating, cooling and garbage disposal. Compared to the national average, this is about the same. For an internet connection, you should be paying around $65 per month.

Richmond Rent Statistics

Apartment Rent Ranges

$501 - $7000.87%
$701 - $1,00022.23%
$1,001 - $1,50057.85%
$1,501 - $2,00016.15%
> $20002.9%

Average Rent Trends

What is the average rent in Richmond?

The average rent for an apartment in Richmond is $1,268 per month.

What is the average apartment size in Richmond?

The average apartment size in Richmond is 862 sq. ft.

What is the rent for a studio apartment in Richmond?

Rent for a studio apartment in Richmond ranges between $864 and $2,321 per month.

What is the rent for a 1-bedroom apartment in Richmond?

Rent for a 1-bedroom apartment in Richmond ranges between $799 and $4,159 per month.

What is the rent for a 2-bedroom apartment in Richmond?

Rent for a 2-bedroom apartment in Richmond ranges between $630 and $5,153 per month.

What is the rent for a 3-bedroom apartment in Richmond?

Rent for a 3-bedroom apartment in Richmond ranges between $714 and $3,410 per month.

Richmond Housing Statistics

Occupied Housing Units 90,301
Owner occupied 42.63%
Renter occupied 57.37%

What are the major industries in Richmond?

Richmond enjoys a fairly diverse economy with a variety of important sectors. One of the major industries is the finance and banking sector. The education sector is also common, due in no small part to the economic stimulus from the city’s universities. While not quite a major sector just yet, the film industry is taking off as Richmond becomes an increasingly popular location for feature films and short films. Another upcoming industry is biotechnology and research, which provides opportunities for STEM jobs.

Who are the top employers in Richmond?

Most of the top employers in Richmond are financial institutes, including Genworth Financial, Capital One, Altria Group and Suntrust Bank.

Richmond Employment Statistics

White Collar 96,851
Blue Collar 19,764
White Collar 83.05%
Blue Collar 16.95%
Self Employment 8,419
Private Companies 77,825
Governmental Workers 19,245
Not for Profit Companies 11,126
Self Employment 7.22%
Private Companies 66.74%
Governmental Workers 16.5%
Not for Profit Companies 9.54%

What are the top colleges in Richmond?

The University of Richmond is a liberal arts institution and is one of the top colleges in the city. Its business and law programs are highly ranked and extremely popular. Virginia Commonwealth University (VCU) is also located in the city, boasting medical degrees in dentistry, as well as a highly rated medical school.

Richmond Education Statistics

No High School4.77%
Some High School30.72%
Some College23.55%
Associate Degree5.17%
Bachelor Degree22.07%
Graduate Degree0%

What can you do in Richmond for free?

There are some great things to do in Richmond without spending a dime. History buffs can check out a range of Civil War sites, with the battle site of Fort Harrison being a top choice. The Virginia Holocaust Museum is also free to enter and provides a thought-provoking and powerful experience. Alternatively, embrace the great outdoors and head to the James River, where you can enjoy picnicking, boating and fishing.

What is there to do in Richmond for families?

One of the top attractions for families is the Richmond Zoo, with its wide array of creatures from across the globe. The Science Museum of Virginia is also well worth checking out and features exciting exhibitions that children and adults alike will enjoy. Sports-loving kids can check out a Richmond Flying Squirrels game, the city's minor league baseball team.

Are there parks in Richmond?

There are a number of parks dotted throughout Richmond, from small neighborhood parks to huge city ones. Treat your four-legged friend to a fun morning out at Barker Field Dog Park, or head to Belle Isle, which is rated among the best parks in the entire city.

What are the main annual events in Richmond?

Richmond enjoys a number of annual events, with a particular focus on delectable edibles. The Carytown Watermelon Festival draws huge crowds each year, and besides enjoying the juicy fruit, there's a wealth of other attractions. Likewise, the Hanover Tomato Festival is just as popular among lovers of the versatile red fruit that isn't a fruit. Richmond celebrates its African American culture each year with the annual 2nd Street Festival, a carnival of music, art and food.

What is there to do in Richmond for couples?

'Virginia is for lovers', or so they say, so it’s only fitting that Richmond has a wealth of things to do for couples. Make date night special with a trip to Estilo, a stunning Latin American restaurant with passion on the menu. Alternatively, why not try something new? Blue Bee Cider in Old Town Manchester offers couple’s tasting sessions, where you can discover an array of new flavors.

Where to go shopping in Richmond?

You can fulfill all your shopping needs and desires in Richmond and the city boasts an array of shopping centers, malls and districts. Carytown is a trendy shopping district featuring more than 200 boutiques and stores. For something more traditional, Chesterfield Towne Center offers over 125 familiar stores, while Short Pump Town Center provides outdoor shopping, plus an array of restaurants.

Richmond Household Statistics

Total Number of Households 90,301
Average People Per Household 2
Median Household Income$47,250
Average Household Income$76,176
No Children

What are renters' rights in Richmond?

Renters’ rights in Richmond are fairly well protected. Security deposits are limited to a maximum of the equivalent of 2-months’ rent, while landlords are required to refund deposits within 90 days of the tenant moving out. Landlords are also obliged to maintain the upkeep of rental units and must make repairs to necessary services such as hot water and functioning locks when required. Landlords in Richmond are also compelled by law to disclose whether mold has been found in the rental unit.

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