Average Rent in Richmond, VA (2026)
Typical asking rent in Richmond is $1,688. Across the 10 ZIP codes with data it runs from $1,541 to $2,169, so which side of town you buy on matters as much as the city average. Data as of June 2026.
Rent by ZIP code in Richmond
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 23226 | Richmond City | $2,169 | +28% |
| 23235 | Chesterfield County | $1,919 | +14% |
| 23220 | Richmond City | $1,807 | +7% |
| 23221 | Richmond City | $1,749 | +4% |
| 23236 | Chesterfield County | $1,689 | 0% |
| 23222 | Richmond City | $1,687 | 0% |
| 23219 | Richmond City | $1,586 | -6% |
| 23234 | Chesterfield County | $1,575 | -7% |
| 23224 | Richmond City | $1,556 | -8% |
| 23225 | Richmond City | $1,541 | -9% |
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Richmond sits in the Richmond, VA metro area.
Other Virginia cities
Would a rental in Richmond cash flow?
Start the analyzer with the Richmond median rent of $1,688 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.