Rent in Richmond, VA
Across Richmond's 28 ZIP codes, a 2-bedroom typically rents for about $1,651 a month, with figures from $1,104–$2,014. The highest typical rent is in 23230 ($2,014) and the lowest in 23237 ($1,104). 14 ZIPs have ZIP-level figures from HUD or Census; the other 14 use the county Fair Market Rent. Owner-occupied homes in Richmond city pay about 0.89% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,456 | $1,123–$1,764 | 28 |
| 1 bed | $1,517 | $793–$1,624 | 28 |
| 2 beds | $1,651 | $1,104–$2,014 | 28 |
| 3 beds | $2,039 | $671–$2,129 | 28 |
| 4 beds | $2,499 | $1,639–$2,499 | 28 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Richmond ZIP codes
2 beds- 23173$1,651
- 23218$1,651
- 23219$1,651–$1,763
- 23220$1,633–$1,651
- 23221$1,621–$1,651
- 23222$1,166–$1,651
- 23223$1,279–$1,651
- 23224$1,245–$1,651
- 23225$1,407–$1,651
- 23226$1,651–$1,767
- 23227$1,470–$1,651
- 23230$1,651–$2,014
- 23232$1,651
- 23234$1,303–$1,651
- 23235$1,651–$1,759
- 23236$1,609–$1,651
- 23237$1,104–$1,651
- 23241$1,651
- 23249$1,651
- 23250$1,651
- 23260$1,651
- 23261$1,651
- 23269$1,651
- 23284$1,651
- 23286$1,651
- 23293$1,651
- 23297$1,651
- 23298$1,651
Frequently asked questions
- What is the average rent for a 2-bedroom in Richmond, VA?
- About $1,651 a month: the median of the typical rents in 28 ZIP codes, which range from $1,104–$2,014. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Richmond, VA?
- About $1,517 a month: the median of the typical rents in 28 ZIP codes, which range from $793–$1,624. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Richmond, VA?
- About $2,039 a month: the median of the typical rents in 28 ZIP codes, which range from $671–$2,129. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Richmond, VA?
- About $1,456 a month: the median of the typical rents in 28 ZIP codes, which range from $1,123–$1,764. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Richmond, VA?
- About $2,499 a month: the median of the typical rents in 28 ZIP codes, which range from $1,639–$2,499. Figures are gross rent (rent plus tenant-paid utilities).
- Which Richmond ZIP code has the highest rent?
- For a 2-bedroom, 23230 has the highest typical rent at $2,014 a month, and 23237 the lowest at $1,104.
- What is the property tax rate in Richmond, VA?
- Owner-occupied homes in Richmond city pay a typical 0.89% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Richmond rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).