Apartments in 23227

1 - 12 of 12 Results
6
$2,250
7513 Hawthorne Ave Richmond, VA
3 BR | May. 1, 2024
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Balcony/Deck/Patio
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4
$2,000
8021 Diane Ln Richmond, VA
3 BR | Ask for Availability
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2
$975 - 1,050
Richmond, VA
1 - 2 BR | Available Now
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Cat Friendly
Air Conditioning
Surface Parking
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1
$1,050 - 1,650
Richmond, VA
1 - 3 BR | Available Now
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24
$2,200
Richmond, VA
3 BR | Available Now
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Air Conditioning
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18
$1,900
7509 Montrose Ave Richmond, VA
3 BR | Available Now
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25
$2,500
Richmond, VA
3 BR | Available Now
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7
$ Ask - 963
6001 Grammarcy Circle Richmond, VA
1 - 3 BR | Available Now
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Income Restricted
Section 8
Balcony/Deck/Patio
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15
$1,305
628 Windomere Ave Richmond, VA
2 BR | Available Now
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Townhome
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Fitness Center
$1,895
Richmond, VA
3 BR | May. 10, 2024
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1
$2,100
Richmond, VA
3 BR | Available Now
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$2,100
Richmond, VA
3 BR | May. 14, 2024
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1 - 12 of 12 Results
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How much does it cost to rent an apartment in 23227?

23227 apartments
Bed Type Average Rent Range
1BR $1,050 $980 - $1,050
2BR $1,180 $1,050 - $1,310
3BR $2,100 $1,650 - $2,500
Find an Apartment in 23227
Looking for apartments for rent in 23227 Richmond, VA? Look no further! Rentable has the latest rental information for this zip code. Currently, there are 38 units available for rent in 23227, with the average rent being $1,450. The minimum rent for a 1-bedroom floor plan is $975.

The top neighborhood in 23227 is Ginter Park. This area offers a charming community with easy access to nearby parks and amenities. If you enjoy spending time outdoors, you'll love exploring the parks in this area.

If you're looking for apartments near 23227, Rentable has you covered. We have a variety of options for you to choose from. Take a look at our listings in 23227 and find the perfect apartment that suits your needs and preferences.

Richmond:
April Rent Report

Welcome to the April 2024 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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

$1,750
$1,310
$880
$440
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Richmond Rent Prices Increase From March to April

Richmond rent prices increased over the last month. From March to April, the city experienced a 0.13% increase for the price of a one-bedroom apartment. The rent price for a Richmond one-bedroom apartments currently stands at $1,519.0.

When we take a look at the two-bedroom comparison from March to April, Richmond experienced a 1.02% increase for the price of a two-bedroom apartment. The rent price for a Richmond two-bedroom apartments currently stands at $1,689.0.

April Prices: Richmond vs. Surrounding Areas

South Chesterfield, VA
Midlothian, VA
Henrico, VA
Glen Allen, VA
Richmond, VA
Chester, VA
Petersburg, VA
Hopewell, VA
$1,627
$1,573
$1,570
$1,566
$1,517
$1,383
$1,162
$974
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Richmond and Surrounding Areas

Rent prices have increased 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 1 of the Richmond suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Hopewell, VA .

  • Rent decreased in Midlothian, VA, Glen Allen, VA, Henrico, VA, Petersburg, VA, Chester, 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.

April 2024 Pricing Trends: Richmond vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Richmond, VA
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,517
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Richmond Rent Prices More Affordable Than Major Cities

Rent growth in Richmond over the past year has been on the rise. 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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Richmond, VA $1,517.0 0.53% $1,672.0 1.52%
Midlothian, VA $1,573.0 -0.57% $1,914.0 1.00%
Glen Allen, VA $1,566.0 -0.06% $1,842.0 4.13%
Henrico, VA $1,570.0 -3.27% $1,901.0 -0.47%
Petersburg, VA $1,162.0 -1.53% $1,114.0 1.46%
Hopewell, VA $974.0 4.06% $895.0 0.00%
Chester, VA $1,383.0 -0.07% $1,584.0 -0.94%
South Chesterfield, VA $1,627.0 -0.25% $1,465.0 -12.80%

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.