Median Age
36 Years
Largest Age Group
30-39 Years
Approximately 19% of Residents
Under 20
22%
Over 65
16%
Richmond, VA
Area Guide
Avg Rent
$1,443
Population
229,548
Renter Mix
64% Rent
A rich history defines Virginia’s entertaining capital city
Diverse
•
Artistic
•
Community
Featuring a historic charm and progressive attitude, Richmond is the capital city of Virginia. Nicknamed the “Creative Culture,” art, history, and a strong sense of community define this eclectic city. Walk through the cobblestone streets to find murals, sculptures, and other forms of public art decorating local businesses and storefronts. From the Virginia Museum of Fine Arts to the Poe Museum, the arts are represented throughout the entire city. Not just for art lovers, foodies thrive in Richmond. The city has been crowned as one of the best spots in the country for great eats, and residents can get a taste of all it has to offer through the countless local restaurants that encompass every cuisine from southern comfort to Korean barbeque. With all the hustle and bustle of the city, residents need an escape into nature, and the city certainly provides. The James River runs through Richmond allowing thrill seeking residents to explore the whitewater rapids. For those not ready to make the plunge into the rapids, the Virginia Capital Trail is a hiking trail that follows along the river. Those lucky enough to live in this dynamic capital city have a large selection of rentals to consider.
Explore the City
Hadad's Lake in Richmond
The historic Richmond Main Street Station was built in 1901
Richmond's historic Tobacco Row
City view from the James River
Demographics
Median Household Income
$53,556
Average: $80,185
Education
85,523
Residents Have a Degree
Job Market
122,018
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Richmond has more renters than homeowners.
Renters
64%
Non-Renters
36%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
31%
Other Education
69%
Rent Trends
As of June 2026, the average apartment rent in Richmond, VA is $1,268 for a studio, $1,442 for one bedroom, $1,630 for two bedrooms, and $2,044 for three bedrooms. Apartment rent in Richmond has increased by 0.9% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,442/month
684 Sq Ft
House
$2,370/month
1,481 Sq Ft
Condo
$1,688/month
958 Sq Ft
Townhome
$2,114/month
1,389 Sq Ft
Cost of Living
The cost of living in Richmond, VA is 5.0% lower than the national average. Generally, housing in Richmond is 14.7% less expensive than the national average, with rent falling between $1,268 - $2,044. You can expect to pay 0.9% less for groceries, 4.1% less for utilities, and 1.5% less for transportation.
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Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Richmond, VA is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Limited Public Transit
Transit
30
/ 100
Very Drivable
Drivability
80
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Scores provided by
Schools
Public
Grades PK-5
433 Students
Mary Munford Elementary School
Public
Grades PK-5
433 Students
Public
Grades PK-5
650 Students
Public
Grades PK-5
650 Students
Public
Grades PK-5
537 Students
Public
Grades 6-12
293 Students
Public
Grades 6-8
825 Students
Public
Grades 6-8
825 Students
Public
Grades 6-8
1,072 Students
Public
Grades 6-8
1,072 Students
Public
Grades 9-12
200 Students
Public
Grades 9-12
183 Students
Public
Grades 9-12
1,773 Students
Public
Grades 9-12
1,773 Students
Public
Grades 6-12
293 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Forest Hill Park
- James River Parks
- Maymont House & Park
- Byrd Park
- Monroe Park
Airports
- Richmond International
Top Apartments in Richmond
Houses for Rent in Richmond
Living in Richmond
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.