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 Feb / 2026, the average rent in VCU is $1,700 per month, a 1.26% increase from last years average of $1,678.

How much does rent cost by apartment size in VCU?

In VCU, studios rent for $1,183 per month, one-bedroom units average $1,475 per month, two-bedrooms cost around $1,854 per month, and three-bedroom apartments rent for about $2,580 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 52% of rentals in this range.

Q: Do most people rent or own in VCU?

In VCU, 66% of households rent while 34% own their homes, based on the latest U.S. Census data.

Last updated: April 09, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in VCU is $1,700, a 1.26% increase compared to the previous year, when the average rent was $1,678.

Studio Apartments at $1,183 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 $1,475, balancing privacy and affordability.

Two-beedroom units at $1,854 offer 960 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,108 sq ft) for $2,580, suitable for larger households.

Average rent in VCU, Richmond, VA

Last updated: April 09, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,700	786 sq. ft.
Studio	$1,183	491 sq. ft.
1 Bed	$1,475	630 sq. ft.
2 Beds	$1,854	960 sq. ft.
3 Beds	$2,580	1,108 sq. ft.

VCU, Richmond, VA rent trends

Rental prices in VCU, Richmond, VA have increased by 1.26% over the past year. The average rent moved from $1,678 to $1,700.

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

The largest share of rentals in VCU, Richmond, VA (52%) 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?

408 or 66% of the households in VCU, Richmond, VA are renter-occupied while 206 or 34% are owner-occupied.

Most affordable neighborhoods in VCU?

Cofer $1,018/month

Elkhardt $1,208/month

Falling Creek Villa - Sherbourne Heights $1,228/month

All of these neighborhoods fall below the city wide average of $1,600/month.

Most expensive neighborhoods in VCU?

The Diamond $1,969/month

Westbourne $2,036/month

Carver $2,174/month

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

Average Rent in Richmond, VA By Neighborhood

Neighborhood	Average Rent
Carver	$2,174
Westbourne	$2,036
The Diamond	$1,969
Dabney Center	$1,964
Brittons Hill	$1,955
Sauer's Gardens	$1,939
Stony Point	$1,936
Museums	$1,927
Scott's Addition	$1,869
Providence Green	$1,859
Central Office	$1,849
Heritage Commons - Country Place	$1,810
Rock Creek Park	$1,773
The Fan	$1,754
Manchester	$1,730
Crestview	$1,714
Museum District	$1,700
VCU	$1,700
Chamberlayne Industrial Center	$1,612
Shockoe Slip	$1,596
Belfair - Lantern Ridge	$1,584
Old Town Manchester	$1,581
Richmond City Center	$1,560
Jackson Ward	$1,557
Monroe Ward	$1,546
Shockoe Bottom	$1,519
Jahnke	$1,514
Hioaks	$1,510
Chippenham Forest	$1,495
Upper Shockoe Valley	$1,474
Central Park - Crescent Park	$1,422
Malvern Gardens	$1,414
Stevens Hollow - Newberry Towne	$1,413
Woodland Heights	$1,400
Cedarhurst	$1,341
Piney Knolls	$1,307
Falling Creek Villa - Sherbourne Heights	$1,228
Elkhardt	$1,208
Cofer	$1,018

Richmond | Rent Comparison by Neighborhood

Rent in VCU is 7% higher than in Belfair - Lantern Ridge

$1,700

VCU rent is the same as Richmond average

Average Rent $1,700

$1,584

Belfair - Lantern Ridge rent is 7% lower than Richmond average

Average Rent $1,584

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.