Apartments for Rent in Richmond, VA

Prices and availability in Richmond, VA were last updated on 24 May 2026.

The best apartments in Richmond, VA are: Hammond Lofts, Creek's Edge at Stony Point, Atrium Lofts at Cold Storage, The Cooperage and The Penny at Jackson Ward.

The average rent in Richmond, VA is $1,483.

The price range for a studio apartment in Richmond, VA is between $885 and $5,593.

The price range for a 1-bedroom apartment in Richmond, VA is between $885 and $8,059.

The price range for a 2-bedroom apartment in Richmond, VA is between $900 and $9,822.

The price range for a 3-bedroom apartment in Richmond, VA is between $925 and $12,531.

In Richmond 56% of the housing is rented out compared to 44% of homes are owned, according to the most recent Census Bureau estimates. 24% of Richmond's apartments are found in large buildings of 50 units or more, 58% are located in smaller apartment complexes with less than 50 units, and 18% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Richmond are about 34 years old, on average. Of these, 41% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 83% of the rental communities here are low-rise, garden-style communities, 17% are mid-rises, and 7% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Richmond are around 4% of rentals, while 1-bedroom floor plans represent 37% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.