How much is rent in Richmond, VA?

The median 2-bedroom in Richmond rents for $1,684 a month with utilities, $121 more than the US median. A 1-bedroom runs $1,480 and a 3-bedroom $1,838.

By Sol Lakein, founder of Slower Sundays. Updated November 2026.

$1,6842-bedroom¹US: $1,563
$1,4801-bedroom¹US: $1,362
$67,360Income for a 2-bed at 30%²A year
22%Share of typical income³For a 2-bedroom

Rent in Richmond by number of bedrooms

Median rent, utilities included, next to the US median.¹

Studio$1,225/mo
Richmond
$1,225
US
$1,365
Income to keep it at 30%: $49,000²
1 bedroom$1,480/mo
Richmond
$1,480
US
$1,362
Income to keep it at 30%: $59,200²
2 bedrooms$1,684/mo
Richmond
$1,684
US
$1,563
Income to keep it at 30%: $67,360²
3 bedrooms$1,838/mo
Richmond
$1,838
US
$1,760
Income to keep it at 30%: $73,520²
4 bedrooms$1,946/mo
Richmond
$1,946
US
$2,153
Income to keep it at 30%: $77,840²

Work out what rent you can afford · Full cost of living in Richmond

Where rent costs less than Richmond

42 of the cities we cover have a lower median 2-bedroom rent. The cheapest and the closest:¹

City	2-bedroom rent	Less than Richmond
Paducah, KY	$886	$798/mo
Terre Haute, IN	$901	$783/mo
Muncie, IN	$919	$765/mo
Nashville, TN	$1,666	$18/mo
Raleigh, NC	$1,673	$11/mo
Savannah, GA	$1,676	$8/mo

Rent in Richmond: questions people ask

How much is rent in Richmond?

Median rent with utilities, all units: $1,643 a month. By size: studio $1,225, 1 bedroom $1,480, 2 bedrooms $1,684, 3 bedrooms $1,838, 4 bedrooms $1,946 (Census ACS, 2025).

How much do you need to make to afford rent in Richmond?

To keep a 2-bedroom at 30% of income, about $67,360 a year. For a 1-bedroom, $59,200.

What share of income goes to rent in Richmond?

A year of median 2-bedroom rent equals 22% of the median household income of $92,800 (Census ACS, 2025).

Where is rent cheaper than Richmond?

Of the cities we cover, Paducah, KY ($886), Terre Haute, IN ($901), Muncie, IN ($919) have the lowest median 2-bedroom rent.

Rent elsewhere in Virginia

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Notes on the numbers

1Rent: Census ACS 2025 1-year, table B25031, median gross rent by number of bedrooms (rent plus utilities the renter pays), 2025. Covers all renters, including long-time tenants, so new leases often cost more. $3,500+ is the highest figure the Census publishes. Census table
2Income to keep rent at 30%: a year of rent divided by 0.3, the common rule of thumb. Our arithmetic.
3Household income: Census ACS 2025 1-year, table B19013, median household income, 2025. Census table

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