Richmond, VA Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,628
1-year change
+2.8%
$44/mo
5-year change
+28.6%
$362/mo
10-year change
+70.3%
$672/mo

Monthly rent trend

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Year-by-year rent in Richmond

YearMedian rentYoY changevs 2015
2015$907/mo—0.0%
2016$945/mo+4.2%+4.2%
2017$981/mo+3.8%+8.2%
2018$1,040/mo+6.0%+14.7%
2019$1,089/mo+4.7%+20.1%
2020$1,138/mo+4.5%+25.5%
2021$1,203/mo+5.7%+32.6%
2022$1,355/mo+12.6%+49.4%
2023$1,430/mo+5.5%+57.7%
2024$1,496/mo+4.6%+64.9%
2025$1,561/mo+4.3%+72.1%
2026$1,609/mo+3.1%+77.4%

Frequently asked questions

How much has rent in Richmond changed since 2015?

Median rent in Richmond, VA was $900 in 2015-01 and is $1,628 as of 2026-09 — a change of $728 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 +28.6% ($362 per month). The current median is $1,628.

What has rent in Richmond done over the past decade?

Over the past 10 years, median rent in Richmond, VA has changed +70.3% ($672 per month). It is now $1,628.

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

Year over year, median rent in Richmond, VA has increased +2.8% ($44/mo). Current median: $1,628.

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.