Property prices for rent in Richmond (Virginia)

The rent prices in real estate in Richmond, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,726.67
Average price last 6 months
$1.66
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Richmond has risen during the last 6 months. In January, the average price per sq.feet was $1.53. In the following month the price per sq.feet rose to $1.67. In the following two months the price per sq.feet has risen 106 %, going from $1.6 to $1.69 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.64 to $1.67 during May y June

Average price

When referring to the price in Richmond (cities), this has risen considerably in the last 6 months. The rent price in January is $1,517, rising in February till $1,625. During the following two months (March, April) the price has had an average rise from $1,571 to $1,806.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,731 they are 16 % more affordable than the average price for Richmond . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,902.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.45 / sq.feet, with an average $1.76 / sq.feet price in Richmond. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.82 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,731 it is 24 % more affordable than the average price in Richmond. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,757 it is 8 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $1.56 / sq.feet. "House" is the most expensive type of property with a $1.87 / sq.feet value followed by "Condo" with an average price of $1.56 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Richmond
Number of properties used in region Virginia
$1,731
$1.76
15,396
188,594
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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