Market Summary

Monument Avenue Park, Richmond City, VA

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Median Home Price Price

$495,881 $495.9K

Median Monthly Rent Rent

$2,259 $2.3K

GRM

18.0x

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
$469,083 $2,351 17.0x
$470,534 $2,295 17.0x
$491,885 $2,337 18.0x
$496,924 $1,875 22.0x
$516,864 $2,108 20.0x
$485,878 $1,968 21.0x
$493,954 $1,693 24.0x

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
$558,330 $1,819 26.0x
$516,341 $1,850 23.0x
$514,612 $1,836 23.0x

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
$361,652 $2,500 12.0x
$503,974 $2,369 18.0x
$1,001,874 $2,405 35.0x
$679,786 $2,520 22.0x
$911,116 $2,508 30.0x
$362,230 $1,836 16.0x
$286,567 $1,610 15.0x
$528,402 $1,541 29.0x
$244,265 $1,832 11.0x
$299,898 $2,143 12.0x
$822,003 $2,142 32.0x
$534,626 $2,596 17.0x
$364,308 $1,806 17.0x
$655,637 $2,384 23.0x
$522,510 $3,040 14.0x
$522,443 $2,476 18.0x

Home prices

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Monthly rent

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GRM

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Monument Avenue Park

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Trend Insights

Median Rent in Monument Avenue Park, VA is $2,259, with MoM change +$24 and YoY change +$207 pointing to positive momentum while volatility is low (std $53).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Monument Avenue Park, VA.

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Metric
Base market Monument Avenue Park, VA
Compare market Select a market
Delta vs base
Median rent
$2,259
N/A
Median price
$495,881
N/A
YoY change
+$207
N/A
Price-to-rent
18.3x
Data unavailable
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