Located in Shockoe Bottom, nestled at the quiet foot of Richmond Hill, and yet steps from everything is Fording Flats. Steps to some of the Bottom’s most popular restaurants and bars, a grocery store, and three museums, everything is a short walk away. Just 2 blocks to the Virginia Capital Trail and Canal Walk, great for biking, running, or walking the dog.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Fording Flats by bedroom type below.
1 Bedroom
Suggested income:
$49,400
per year
Rent report
Fording Flats Rent vs. Richmond Average
Fording Flats
Richmond Average
1BR
$1,373
$1,489
$0
$500
$1,000
$1,500
$2,000
Fording Flats is asking 8%
less than the average 1 bedroom apartment in
Richmond.
If you upsized to an average priced Richmond 2 bedroom apartment, you would pay
12% more per month.
If you downsized to an average priced Richmond studio apartment,
you would pay 17% less per month.
Fording Flats provides 1%
more square footage than the average
Richmond 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Fording Flats
1BR
$1,373
$2.00
$4,119
Richmond Average
Studio
$1,274
$2.70
$3,821
1BR
$1,489
$2.20
$4,467
2BR
$1,686
$1.70
$5,059
3BR
$2,011
$1.60
$6,033
4BR
$3,200
$1.40
$9,599
Availability in Richmond
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 827 1BR
units on the market in Richmond. If you're looking to negotiate, this may be your best option.