Central Office, Richmond, VA Rental Market Trends
Average rent in Central Office, Richmond, VA by Number of Bedrooms
The chart below shows the average rent in Central Office, Richmond, VA for apartments by number of bedrooms:
Average apartment size in Central Office, Richmond, VA
The average apartment size in Central Office, Richmond, VA is 840 sqft, which is -16% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Central Office, Richmond, VA for each unit type:
Average Rent in Richmond, VA by Neighborhood
There are 22 neighborhoods in Richmond, VA . The Diamond is the most expensive neighborhood, with an average rent of $2,205 ($2.26 per sqft), and Westover is the most affordable neighborhood in Richmond, VA , with an average rent of $1,094 ($1.27 per sqft). The following tables show the Top 5 neighborhoods in Richmond, VA by average rent and the top 5 most affordable neighborhoods in Richmond, VA by average rent:
Top 5 most expensive neighborhoods in Richmond, VA by average rent:
Top 5 most affordable neighborhoods in Richmond, VA by average rent:
Average Rent in Richmond, VA by Zip Code
There are 20 zip codes in Richmond, VA . 23230 is the most expensive zip code, with an average rent of $1,958 ($2.60 per sqft), and 23225 is the most affordable zip code in Richmond, VA , with an average rent of $1,382 ($1.84 per sqft). The following tables show the Top 5 zip codes in Richmond, VA by average rent and the top 5 most affordable zip codes in Richmond, VA by average rent:
Top 5 most expensive zip codes in Richmond, VA by average rent:
Top 5 most affordable zip codes in Richmond, VA by average rent:
Average Apartment Listing Volume and Average Time on Market in Central Office, Richmond, VA
Average number of days on market in Central Office, Richmond, VA
The average listing remains on the market for 8 days in Central Office, Richmond, VA. This is lesser than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Central Office, Richmond, VA:
Available Apartments in Central Office, Richmond, VA by Unit Type
On May 28, 2023 Hello Data, Inc. surveyed 36 active apartment listings in Central Office, Richmond, VA. The graph below shows the breakdown of multifamily units listed by bedroom count:
Frequently Asked Questions – Central Office, Richmond, VA Average Rents
What are the most affordable neighborhoods in Richmond, VA?
The most affordable neighborhoods in Richmond, VA are Westover, where the average rent is $1,094 ($1.27 per sqft) and Fulton, where renters pay $1,095 ($1.33 per sqft) per month on average.
What are the most expensive neighborhoods in Richmond, VA?
The most expensive neighborhoods in Richmond, VA are The Diamond, with an average rent of $2,205 ($2.26 per sqft) and Scott's Addition, with an average rent of $2,155 ($2.92 per sqft) per month.
What are the most popular neighborhoods in Richmond, VA?
The most popular neighborhoods in Richmond, VA are Old Town Manchester, with 364 active listings as of May 28, 2023 and Monroe Ward, with 177 active listings as of May 28, 2023.
How much is a Studio apartment in Central Office, Richmond, VA?
The average monthly rental price for Studio apartments in Central Office, Richmond, VA is $1,300 ($1.84 per sqft).
How much is a 1 Bedroom apartment in Central Office, Richmond, VA?
The average monthly rental price for 1 Bedroom apartments in Central Office, Richmond, VA is $1,515 ($2.11 per sqft).
How much is a 2 Bedroom apartment in Central Office, Richmond, VA?
The average monthly rental price for 2 Bedroom apartments in Central Office, Richmond, VA is $2,155 ($1.69 per sqft).