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
$1,478
$0
$500
$1,000
$1,500
$2,000
Fording Flats is asking 7%
less than the average 1 bedroom apartment in
Richmond.
If you upsized to an average priced Richmond 2 bedroom apartment, you would pay
11% more per month.
If you downsized to an average priced Richmond studio apartment,
you would pay 12% less per month.
Fording Flats provides 2%
less 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
$1,320
$2.40
$3,961
1BR
$1,478
$2.10
$4,433
2BR
$1,669
$1.70
$5,007
3BR
$2,039
$1.60
$6,118
4BR
$3,623
$1.50
$10,868
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 912 2BR
units on the market in Richmond. If you're looking to negotiate, this may be your best option.