The Alder on Dabney
2001 Dabney Rd,
Richmond, VA 23230
$1,599 - $3,190
Studio - 3 Beds
Located on the northwest side of Downtown Richmond not far from a bend in the James River, Virginia Commonwealth University has plenty of bragging rights -- it has one of the best graduate arts programs in the country, it features the top hospital in Richmond (the VCU Medical Center), and is ranked one of the best universities in the nation by US News and World Report. VCU was established in 1838, and its 150-acre campus borders the historic Fan District, a beautiful neighborhood listed on the National Register of Historic Places.
Cheer on the VCU Rams, who participate in NCAA Division I's Atlantic 10 Conference. Wear your black and gold to the Stuart C. Siegel Center to cheer on the basketball teams, or to the Diamond for baseball. The Sports Backers Stadium is home to the soccer teams. VCU's basketball and tennis programs are considered its most successful, with the men's basketball team making the Final Four in 2011.
Being an urban campus, you'll find several terrific neighborhoods for your apartment near VCU. Between the university and the river, Oregon Hill is a US Historic District filled with mature trees and beautiful shotgun-style and Victorian houses. Due to its walkability, proximity to campus, and affordable apartments, Oregon Hill is very popular with VCU students. The Fan District is also popular, filled with Queen Anne and Italianate style homes. To be closer to downtown, look on the east side of the university, where you'll find Jackson Ward and Monroe Ward wedged between VCU and Downtown Richmond.
As of October 2025, the average apartment rent in Richmond, VA is $1,245 for a studio, $1,412 for one bedroom, $1,582 for two bedrooms, and $2,002 for three bedrooms. Apartment rent in Richmond has increased by 2.0% in the past year.
Studio
494 sq ft
Average Sq Ft
$1,245/month
Average Rent
1 BR
684 sq ft
Average Sq Ft
$1,412/month
Average Rent
2 BR
958 sq ft
Average Sq Ft
$1,582/month
Average Rent
3 BR
1,259 sq ft
Average Sq Ft
$2,002/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
433 Students
Public
Grades PK-5
650 Students
Public
Grades PK-5
537 Students
Public
Grades PK-5
352 Students
Public
Grades PK-5
326 Students
Public
Grades 6-12
293 Students
Public
Grades 6-8
825 Students
Public
Grades 6-8
1,072 Students
Public
Grades 6-8
1,003 Students
Public
Grades 6-8
453 Students
Public
Grades 9-12
200 Students
Public
Grades 9-12
183 Students
Public
Grades 9-12
1,773 Students
Public
Grades 6-12
293 Students
Public
Grades 9-12
1,860 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.