Studio Apartment Rent in Richmond, VA
Median asking rent for a studio apartment in Richmond, Virginia as of October 2026. That's +3% lower than the citywide median of $1,628 and +22% above the national studio median of $1,290.
Income needed for a studio in Richmond
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Richmond
Compare Richmond's median rent across every apartment size.
Cheapest cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Danville | $630 |
| 2 | Martinsville | $700 |
| 3 | Bristol | $780 |
| 4 | Madison Heights | $880 |
| 5 | Roanoke | $883 |
| 6 | Christiansburg | $900 |
| 7 | Radford | $900 |
| 8 | Salem | $960 |
| 9 | Front Royal | $970 |
| 10 | Blacksburg | $990 |
| 11 | Waynesboro | $1,060 |
| 12 | Lynchburg | $1,100 |
| 13 | Harrisonburg | $1,120 |
| 14 | Staunton | $1,120 |
| 15 | Culpeper | $1,130 |
Most expensive cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Great Falls | $3,020 |
| 2 | Aldie | $2,720 |
| 3 | Gainesville | $2,670 |
| 4 | Burke | $2,560 |
| 5 | Vienna | $2,547 |
| 6 | Springfield | $2,490 |
| 7 | Chantilly | $2,440 |
| 8 | Arlington | $2,433 |
| 9 | Lorton | $2,430 |
| 10 | Oakton | $2,350 |
| 11 | Fairfax | $2,350 |
| 12 | Ashburn | $2,350 |
| 13 | Sterling | $2,257 |
| 14 | Alexandria | $2,249 |
| 15 | McLean | $2,213 |
Nearby cities — studio rent
Considering nearby alternatives? 4 of these cities have cheaper studio rents than Richmond.
| City | Distance | Studio rent | vs Richmond |
|---|---|---|---|
| Lakeside, VA | 6.9 mi | $1,580 | +$3 (0%) |
| Chesterfield, VA | 9.3 mi | $1,705 | +$128 (+8%) |
| Glen Allen, VA | 11.4 mi | $1,830 | +$253 (+16%) |
| Midlothian, VA | 12.4 mi | $1,780 | +$203 (+13%) |
| Highland Springs, VA | 12.6 mi | $1,380 | $-197 (-12%) |
| Chester, VA | 14.1 mi | $1,685 | +$108 (+7%) |
| Mechanicsville, VA | 16.2 mi | $1,745 | +$168 (+11%) |
| Colonial Heights, VA | 17.4 mi | $1,360 | $-217 (-14%) |
| Petersburg, VA | 24.5 mi | $1,250 | $-327 (-21%) |
| Fredericksburg, VA | 53.3 mi | $1,717 | +$140 (+9%) |
| Williamsburg, VA | 54.5 mi | $1,535 | $-42 (-3%) |
| Stafford, VA | 62.8 mi | $1,970 | +$393 (+25%) |
Studio rent in Richmond — common questions
How much is a studio apartment in Richmond?
As of October 2026, the median studio apartment rent in Richmond, Virginia is $1,577 per month. This is +3% below the citywide median of $1,628.
What income do you need to afford a studio in Richmond?
Using the standard 30% rent-to-income rule, you would need an annual income of about $63,080 ($5,257/month gross), which works out to roughly $30.33/hour at a full-time job.
Is Richmond expensive for a studio compared to the rest of the US?
Richmond's studio median of $1,577 is +22% above the national studio median of $1,290. It ranks in the 69th percentile of US cities tracked.
How does Richmond rank for studio rent in Virginia?
Among the 76 cities in Virginia with studio data, Richmond ranks #32 from cheapest to most expensive.
Are there cheaper studio options near Richmond?
Yes — nearby cities with cheaper studio rents include Highland Springs ($1,380), Colonial Heights ($1,360), Petersburg ($1,250).