Apartments in Monument Avenue Richmond

1 - 30 of 130 Results
10
$1,490
4213 Grove Ave Richmond, VA
2 BR | Available Now
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Balcony/Deck/Patio
15
$1,950
Richmond, VA
2 BR | Jan. 15, 2025
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Monument Avenue
22
$2,600
Henrico, VA
3 BR | Available Now
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Monument Avenue
37
$2,750
4800 Fitzhugh Ave Richmond, VA
3 BR | Jan. 10, 2025
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Monument Avenue
13
$2,800
4912 Patterson Ave Richmond, VA
4 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
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Monument Avenue
7
$2,000
Richmond, VA
2 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
34
$2,575
1006 Willow Lawn Dr Richmond, VA
4 BR | Available Now
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14
$1,749
3901-3903 Cutshaw Ave Richmond, VA
2 BR | Dec. 11, 2024
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17
$1,450 - 3,625
Deal
2001 Dabney Rd Richmond, VA
Studio - 3 BR | Available Now
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Surface Parking
6
$1,395 - 1,495
Richmond, VA
1 - 2 BR | Available Now
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0
$1,895
5305 Stokes Ln Richmond, VA
3 BR | Available Now
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40
$1,628 - 2,439
3810 W Broad St Richmond, VA
1 - 2 BR | Available Now
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Covered Parking
0
$1,695
Richmond, VA
2 BR | Dec. 10, 2024
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18
$1,100
Richmond, VA
1 BR | Available Now
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Museum District
11
$1,050 - 1,195
Richmond, VA
1 - 2 BR | Available Now
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Surface Parking
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Disability Access
11
$1,695
Richmond, VA
2 BR | Available Now
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0
$1,805 - 2,138
1510 Belleville St Richmond, VA
1 BR | Available Now
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Luxury
27
$1,219 - 2,170
308 N Nansemond St Richmond, VA
1 - 2 BR | Available Now
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Surface Parking
11
$1,300 - 1,665
308 North Nansemond Street Richmond, VA
1 - 2 BR | Available Now
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Virtual Tour
Luxury
Air Conditioning
0
$1,895
3334 Cutshaw Ave Richmond, VA
2 BR | Available Now
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Museum District
32
$1,526 - 2,362
1310 Roseneath Rd Richmond, VA
1 - 2 BR | Available Now
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In Unit Laundry
7
$1,350 - 1,995
Richmond, VA
2 - 3 BR | Available Now
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Surface Parking
Storage
32
$1,900
Richmond, VA
2 BR | Available Now
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17
$1,595
Richmond, VA
2 BR | Available Now
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166
$1,630 - 4,042
3410 W. Clay Street Richmond, VA
1 - 2 BR | Available Now
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Section 8
Covered Parking
1
$1,850
3541 Grove Ave Richmond, VA
2 BR | Feb. 7, 2025
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Surface Parking
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Disability Access
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0
$1,795
Richmond, VA
2 BR | Available Now
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Museum District
8
$1,329 - 1,669
3212 Cutshaw Ave. Richmond, VA
1 - 2 BR | Dec. 5, 2024
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30
$1,343 - 2,119
3410 W. Clay Street Richmond, VA
1 BR | Available Now
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Fitness Center
21
$2,250
414 Granite Ave Richmond, VA
3 BR | Available Now
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1 - 30 of 130 Results
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  3. Monument Avenue

Richmond:
November Rent Report

Welcome to the November 2024 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Richmond rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Richmond and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Richmond average rent prices in the chart below.

Monthly Rent Report

$1,800
$1,350
$900
$450
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Richmond Rent Prices Decrease From October to November

Richmond rent prices decreased over the last month. From October to November, the city experienced a -0.82% decrease for the price of a one-bedroom apartment. The rent price for a Richmond one-bedroom apartments currently stands at $1,575.0.

When we take a look at the two-bedroom comparison from October to November, Richmond experienced a 0.58% increase for the price of a two-bedroom apartment. The rent price for a Richmond two-bedroom apartments currently stands at $1,741.0.

November Prices: Richmond vs. Surrounding Areas

South Prince George, VA
Midlothian, VA
Henrico, VA
Richmond, VA
South Chesterfield, VA
Glen Allen, VA
Chester, VA
Petersburg, VA
$1,790
$1,646
$1,608
$1,588
$1,579
$1,535
$1,396
$1,079
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Richmond and Surrounding Areas

Rent prices have decreased in Richmond over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Richmond suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Midlothian, VA, Henrico, VA, Chester, VA, South Prince George, VA .

  • Rent decreased in Glen Allen, VA, Petersburg, VA, South Chesterfield, VA.

  • 4 suburbs are currently priced higher than the city of Richmond.

  • 3 suburbs are currently priced lower than the city of Richmond.

November 2024 Pricing Trends: Richmond vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Richmond, VA
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,588
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Richmond Rent Prices More Affordable Than Major Cities

Rent growth in Richmond over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Richmond average rent prices appear to be relatively affordable for local residents.

The price for a Richmond one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Richmond and surrounding area rent prices, take a look at the complete data set below.

Data set for Richmond and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Richmond, VA $1,588.0 -0.06% $1,731.0 1.47%
Midlothian, VA $1,646.0 4.38% $2,143.0 2.19%
Glen Allen, VA $1,535.0 -0.97% $1,904.0 0.74%
Petersburg, VA $1,079.0 -2.26% $1,329.0 1.84%
Henrico, VA $1,608.0 2.75% $1,906.0 0.58%
South Chesterfield, VA $1,579.0 -0.44% $1,610.0 9.82%
Chester, VA $1,396.0 2.05% $1,614.0 -0.80%
South Prince George, VA $1,790.0 1.70% $1,361.0 -1.02%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.