Richmond, VA Rent History
138 months of data, 2015–2026. 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
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $946/mo | — | 0.0% |
| 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.