Rents are 7% below what Henrico's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,722 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Henrico usually run 1.7% below trend in December and 1.5% above it in July, about $55 a month apart at today's median. Based on 11 years of data.
Rent in Henrico is 0.1% below its high of $1,724 in June 2026, at $1,722 as of September 2026.
Rent in Henrico changed +1.8% over the year to September 2026. Across the 66 Virginia cities Zillow tracks, the typical change was +2.5%.
Rent in Henrico is 40.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
The priciest of 7 ZIP codes in Henrico, 23233 ($1,950/mo), costs 33% more than the cheapest, 23223 ($1,469/mo).
Hopewell, 25 miles away, rents for 23% less ($1,322/mo), about $4,800 a year in savings.
From Zillow's monthly rent index (ZORI) for Henrico. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series.
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How Henrico, VA has changed in 5 years
Across the past five years, the going rent in Henrico, VA has shifted from $1,334 to $1,722, up 29.1% since 2021. Reading these numbers side by side helps frame whether current listings in Henrico, VA look reasonable against where the market sat half a decade ago.
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Can you afford rent in Henrico on your salary?
At $1,722/mo, how Henrico rent compares to typical pay (30% rule).
Henrico rent by bedroom count
Median rent for each apartment size in Henrico. Click any size for full breakdown.
Tips for renters in Henrico
Last updated: October 17, 2026
The median rent in Henrico is $1,722/mo as of October 2026. A studio apartment averages $1,526/mo while a 2-bedroom runs $1,753/mo. One-bedroom apartments average $1,584/mo and 3-bedroom units go for $2,221/mo.
At 29% of estimated US median household income ($72,000/yr), Henrico ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.
Frequently asked questions
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How does Henrico rent compare to other cities in Virginia?
At $1,722/mo, rent takes ~29% of US median household income ($72,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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