Richmond, Richmond City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Richmond, Richmond City, VA

Median Home Price Price

$355,047 $355K

Median Monthly Rent Rent

$1,668 $1.7K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Richmond, VA is $1,668, with MoM change +$12 and YoY change +$64 pointing to positive momentum while volatility is low (std $13).

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Metric

Base market Richmond, VA

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Delta vs base

Median rent

$1,668

N/A

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Median price

$355,047

N/A

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YoY change

+$64

N/A

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Price-to-rent

17.7x

Data unavailable

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