| STUDIO | $1,010+ |
Rental prices in Downtown Richmond, Richmond, VA have increased by 2.8% over the past year. The average rent moved from $1,168 to $1,200.
Check out the average rent in Richmond.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Richmond, Richmond, VA is $1,200.
The average monthly rent for an apartment in Downtown Richmond, Richmond, VA is around $1,200.
A share of 18% of apartments in Downtown Richmond, Richmond, VA have the cheapest rents between ≤ $1000. Around 76% of Downtown Richmond's apartments have monthly rents between $1,001-$1,500. There are 6% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Downtown Richmond, Richmond, VA (76%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 1 studio rentals available on RentCafe. Prices and availability in Downtown Richmond, Richmond, VA were last updated on 26 Feb 2026.
The average Downtown Richmond, Richmond, VA studio apartment size is 472 sq. ft.
Studio apartments in Downtown Richmond, Richmond, VA tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Downtown Richmond, Richmond, VA has 4,632 residents, 2,224 women and 2,408 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Richmond’s population is 30.
There is a total of 2,875 households in Downtown Richmond, Richmond, VA. Of these, 237 have children and 2,638 are without children. Per Census Bureau’s most current estimates, 609 family households and 2,266 non-family households live in this area. The size of a household in Downtown Richmond is 1.03 people, on average. The median household annual income in Downtown Richmond equals $59,607, and the monthly housing costs equal $1,460.
According to data from the U.S. Census Bureau, 3% of the population in Downtown Richmond, Richmond, VA have no high school education, 16% went to high-school, and 20% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 36% hold a Bachelor Degree, and 20% hold a Graduate Degree.
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