Market Summary

The Museum District, Richmond City, VA

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Median Home Price Price

$592,237 $592.2K

Median Monthly Rent Rent

$2,094 $2.1K

GRM

24.0x

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
$645,234 $2,038 26.0x
$670,769 $2,246 25.0x
$605,650 $2,259 22.0x
$562,026 $2,230 21.0x
$606,196 $1,880 27.0x
$625,057 $1,885 28.0x
$537,844 $1,851 24.0x
$487,460 $1,843 22.0x
$507,376 $1,946 22.0x
$617,877 $2,230 23.0x
$493,533 $1,835 23.0x
$544,797 $2,175 21.0x
$554,921 $1,806 26.0x

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
$969,280 $1,900 43.0x
$791,995 $1,888 35.0x
$810,451 $1,883 36.0x
$569,674 $1,835 26.0x
$585,307 $1,848 26.0x
$684,259 $1,888 30.0x
$653,115 $1,890 29.0x
$577,135 $1,847 26.0x
$888,319 $1,892 39.0x
$662,959 $1,865 30.0x
$645,858 $1,863 29.0x

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
$299,898 $2,143 12.0x
$787,075 $2,821 23.0x
$278,396 $2,134 11.0x
$265,754 $2,124 10.0x
$258,397 $2,002 11.0x
$1,001,874 $2,405 35.0x

Home prices

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Monthly rent

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GRM

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The Museum District

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Trend Insights

Median Rent in The Museum District, VA is $2,094, with MoM change +$23 and YoY change +$243 pointing to positive momentum while volatility is low (std $67).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against The Museum District, VA.

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Metric
Base market The Museum District, VA
Compare market Select a market
Delta vs base
Median rent
$2,094
N/A
Median price
$592,237
N/A
YoY change
+$243
N/A
Price-to-rent
23.6x
Data unavailable
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