Rental market trends for
Richmond, VA
The average rent price in Richmond was $1,597 last month, up $32 month over month.
Median rent
$1,597
Month-over-month change
+$32
Average rent in Richmond
In August 2025, Richmond rental prices increased $32 compared to last month.
$1,597
+2.04% month over month
Median rent of neighborhoods in Richmond
Neighborhood | Median rent | MoM (% change) |
---|---|---|
Midlothian | $1,602 | -2.91% |
The Fan | $1,445 | +1.40% |
Midlothian | $1,838 | -9.81% |
Church Hill | $2,500 | +16.31% |
The Museum District | $1,300 | -13.19% |
Downtown Richmond | $1,650 | +3.13% |
Carytown-Museum District | $1,425 | -5.00% |
Last updated: 09/09/2025
Average rent of nearby cities
Here's how Richmond's average rent of $1,597 compares to nearby cities.
Last updated: 09/09/2025
More resources for Richmond
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Condos for rent in Richmond | Rental listings in Richmond | ||
Houses for rent in Richmond | |||
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Apartments for rent in Richmond | |||
Rooms for rent in Richmond |