Market Summary

Cherry Gardens, Richmond City, VA

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Median Home Price Price

$258,614 $258.6K

Median Monthly Rent Rent

$1,653 $1.7K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Richmond City County

Region Price Rent GRM Display
$232,073 $1,605 12.0x
$217,863 $1,592 11.0x
$238,211 $1,555 13.0x
$253,814 $1,624 13.0x
$269,620 $1,504 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Richmond City County

Region Price Rent GRM Display
$260,500 $1,599 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$279,802 $1,136 20.0x
$249,585 $1,125 18.0x
$249,940 $1,607 13.0x
$431,964 $1,459 25.0x
$303,201 $1,245 20.0x
$445,090 $1,637 23.0x
$355,818 $1,366 22.0x
$311,556 $1,706 15.0x
$365,610 $1,765 17.0x
$445,996 $1,622 23.0x
$268,391 $1,815 12.0x
$155,176 $1,724 7.0x
$252,215 $1,489 14.0x
$382,437 $1,457 22.0x
$319,452 $1,354 20.0x
$311,260 $1,192 22.0x
$255,322 $1,428 15.0x
$253,074 $1,224 17.0x
$318,938 $1,817 15.0x
$287,376 $1,644 15.0x
$389,619 $1,838 18.0x
$248,912 $1,850 11.0x
$697,167 $1,766 33.0x
$283,929 $1,747 13.0x
$269,481 $1,639 14.0x

Home prices

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Monthly rent

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GRM

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Cherry Gardens

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Trend Insights

Median Rent in Cherry Gardens, VA is $1,653, with MoM change +$21 and YoY change +$151 pointing to positive momentum while volatility is low (std $37).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Cherry Gardens, VA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Cherry Gardens, VA
Compare market Select a market
Delta vs base
Median rent
$1,653
N/A
Median price
$258,614
N/A
YoY change
+$151
N/A
Price-to-rent
13.0x
Data unavailable
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