What is the average apartment size in VCU, Richmond, VA?

The average size for a VCU, Richmond, VA apartment is 786 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in VCU?

As of Jan / 2026, the average rent in VCU is $1,781 per month, a 6.56% increase from last years average of $1,672.

How much does rent cost by apartment size in VCU?

In VCU, studios rent for $1,207 per month, one-bedroom units average $1,488 per month, two-bedrooms cost around $1,992 per month, and three-bedroom apartments rent for about $2,841 per month

What is the average apartment size in VCU?

The typical apartment in VCU offers about 786 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in VCU?

Studio apartments in VCU average 491 sq. ft., one-bedrooms offer 630 sq. ft., two-bedrooms are about 960 sq. ft., and three-bedroom apartments average 1,108 sq. ft.

VCU, Richmond, VA Rental Market Trends

Q: What's the typical rent budget in VCU?

The typical rent budget in VCU ranges from $1,501 to $2,000 per month, with 47% of rentals in this range.

Q: Do most people rent or own in VCU?

In VCU, 67% of households rent while 33% own their homes, based on the latest U.S. Census data.

Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in VCU is $1,781, a 6.56% increase compared to the previous year, when the average rent was $1,672.

Studio Apartments at $1,207 offer the most budget-friendly option with 491 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 630 square feet for $1,488, balancing privacy and affordability.

Two-beedroom units at $1,992 offer 960 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,108 sq ft) for $2,841, suitable for larger households.

Average rent in VCU, Richmond, VA

Last updated: February 22, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,781	786 sq. ft.
Studio	$1,207	491 sq. ft.
1 Bed	$1,488	630 sq. ft.
2 Beds	$1,992	960 sq. ft.
3 Beds	$2,841	1,108 sq. ft.

VCU, Richmond, VA rent trends

Rental prices in VCU, Richmond, VA have increased by 6.56% over the past year. The average rent moved from $1,672 to $1,781.

What's the typical rent budget in VCU, Richmond, VA?

The largest share of rentals in VCU, Richmond, VA (47%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in VCU, Richmond, VA?

402 or 67% of the households in VCU, Richmond, VA are renter-occupied while 196 or 33% are owner-occupied.

Most affordable neighborhoods in VCU?

Cofer $960/month

Falling Creek Villa - Sherbourne Heights $1,162/month

Elkhardt $1,219/month

All of these neighborhoods fall below the city wide average of $1,590/month.

Most expensive neighborhoods in VCU?

Brittons Hill $1,965/month

Dabney Center $2,001/month

Carver $2,163/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Richmond, VA By Neighborhood

Neighborhood	Average Rent
Carver	$2,163
Dabney Center	$2,001
Brittons Hill	$1,965
The Diamond	$1,960
Stony Point	$1,928
Museums	$1,925
Sauer's Gardens	$1,918
Scott's Addition	$1,898
Central Office	$1,846
Providence Green	$1,826
Heritage Commons - Country Place	$1,795
Rock Creek Park	$1,781
VCU	$1,781
Crestview	$1,765
Museum District	$1,728
Manchester	$1,727
The Fan	$1,677
Chamberlayne Industrial Center	$1,659
Malvern Gardens	$1,625
Shockoe Slip	$1,610
Old Town Manchester	$1,591
Belfair - Lantern Ridge	$1,579
Monroe Ward	$1,577
Jackson Ward	$1,560
Richmond City Center	$1,555
Shockoe Bottom	$1,513
Hioaks	$1,499
Chippenham Forest	$1,494
Jahnke	$1,486
Central Park - Crescent Park	$1,443
Cedarhurst	$1,361
Upper Shockoe Valley	$1,356
Woodland Heights	$1,336
Piney Knolls	$1,300
Stevens Hollow - Newberry Towne	$1,299
Elkhardt	$1,219
Falling Creek Villa - Sherbourne Heights	$1,162
Cofer	$960

Richmond | Rent Comparison by Neighborhood

Rent in VCU is 13% higher than in Belfair - Lantern Ridge

$1,781

VCU rent is the same as Richmond average

Average Rent $1,781

$1,579

Belfair - Lantern Ridge rent is 11% lower than Richmond average

Average Rent $1,579

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all VCU apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.