Richmond, VA Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,682
1-year change
+9.9%
$151/mo
5-year change
+31.0%
$398/mo
10-year change
+70.1%
$693/mo

Monthly rent trend

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Year-by-year rent in Richmond

YearMedian rentYoY changevs 2015
2015$946/mo0.0%
2016$987/mo+4.3%+4.3%
2017$1,025/mo+3.9%+8.4%
2018$1,085/mo+5.9%+14.7%
2019$1,136/mo+4.7%+20.1%
2020$1,187/mo+4.5%+25.5%
2021$1,255/mo+5.7%+32.7%
2022$1,414/mo+12.7%+49.5%
2023$1,492/mo+5.5%+57.7%
2024$1,560/mo+4.6%+64.9%
2025$1,520/mo-2.6%+60.7%
2026$1,678/mo+10.4%+77.4%

Frequently asked questions

How much has rent in Richmond changed since 2015?

Median rent in Richmond, VA was $939 in 2015-01 and is $1,682 as of 2026-06 — a change of $743 per month over 11 years.

How much has Richmond rent increased in the last 5 years?

Over the past 5 years, median rent in Richmond, VA has changed +31.0% ($398 per month). The current median is $1,682.

What has rent in Richmond done over the past decade?

Over the past 10 years, median rent in Richmond, VA has changed +70.1% ($693 per month). It is now $1,682.

Is rent in Richmond going up or down year over year?

Year over year, median rent in Richmond, VA has increased +9.9% ($151/mo). Current median: $1,682.

See full rent data for Richmond, VA
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.