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Richmond, Virginia's capital city situated along the historic James River, combines well-preserved 18th-century architecture with a dynamic urban core. The city's median household income of $76,416 reflects its strong economic foundation, supported by major employers in finance, healthcare, and government sectors. The Federal Reserve Bank, multiple Fortune 500 headquarters, and the state government provide stable employment opportunities within minutes of residential neighborhoods.
Richmond's rental market offers diverse housing options across several established districts. The Museum District features tree-lined streets, the renowned Virginia Museum of Fine Arts, and preserved early 20th-century architecture. Near West End neighborhoods like Windsor Farms and Westover Hills provide houses with larger lots and quick access to the University of Richmond. Church Hill showcases historic homes with sweeping city views, while Stratford Hills offers a peaceful setting near the James River parks system.
The average three-bedroom rental home in Richmond runs approximately $2,057 per month, with rental rates showing steady appreciation. Commute times remain reasonable thanks to the intersection of I-64 and I-95, while the GRTC Pulse rapid transit system connects downtown to Scott's Addition and the West End. The James River Park System encompasses 550 acres of outdoor recreation space, complemented by the 52-mile Virginia Capital Trail for cycling and walking. From the locally-owned shops in Carytown to the craft breweries in Scott's Addition, each neighborhood offers its own distinct character. The city's central location places it two hours from Washington D.C. and Virginia Beach, making weekend getaways easily accessible for residents.
Frequently Asked Questions
Average Rent Rates
What's the average rent for a house in Richmond, VA?
House averages in Richmond, VA varies based on size.
- $862 for a 1-bedroom house in Richmond, VA
- $1,600 for a 2-bedroom house in Richmond, VA
- $2,150 for a 3-bedroom house in Richmond, VA
- $2,600 for a 4-bedroom house in Richmond, VA
Education
What elementary schools are in Richmond, VA?
There are several great elementary schools in Richmond, VA. ForRent.com can help you find a house near Mary Munford Elementary, Tuckahoe Elementary, Trevvett Elementary, and others.
What middle schools are in Richmond, VA?
ForRent.com can help you find a new house in Richmond, VA, near middle schools like Franklin Military Academy, Pocahontas Middle, Moody Middle, and others.
What high schools are in Richmond, VA?
Search ForRent.com to find a new house in Richmond, VA, located near high schools like Richmond Community High, Open High, Godwin High, and others.
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Richmond Houses for Rent by Amenity
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Find Rentals Near Richmond, VA
Houses for Rent near Colleges in Richmond
- Houses for Rent near Virginia Commonwealth University
- Houses for Rent near Virginia Union University
- Houses for Rent near J. Sargeant Reynolds Community College-Downtown Campus
- Houses for Rent near University of Richmond
- Houses for Rent near J. Sargeant Reynolds Community College-Parham Road Campus
- Houses for Rent near John Tyler Community College-Midlothian Campus