Average Rent in Richmond County, VA↓ Rents falling 4.9% YoY

Richmond County, VA has rental prices ranging from $801/month to $1,773/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $806/month — 42% below the national average of $1,400/month. With a median household income of $64,184/year, spending $806/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Richmond County Compares

With an average 2-bedroom rent of $1,056/month, Richmond County ranks #23 most expensive of the 68 cities tracked in Virginia — pricier than 71% of all US cities in our data.

The Richmond County Rental Market

The Richmond County, VA area has a population of about 9,047 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Richmond County, VA have fallen by $54/month (4.9%) over the past year, from $1,110 to $1,056. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Richmond County, VA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,240. The local median household income of $64,184 exceeds that threshold by $31,944, making Richmond County relatively accessible compared to local wages.

Economy & Jobs

Richmond County, VA has an unemployment rate of 4.3%, 0.4 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Richmond County, VA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Richmond County?

Break-even analysis and mortgage estimates based on local market data.

Living in Richmond County

Cost of living, job market, crime rates, and moving cost estimates.