Prices last verified
Average Rent in Richmond 23230 & Rent Trends
Rent prices and market trends across 2 apartment communities in Richmond 23230, Richmond, VA. Updated daily.
Market Average
$1,861/mo
Lowest Listed
$1,626/mo
as of Oct 2
Communities
2
tracked daily
Units Listed
34
as of Oct 2
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Richmond 23230 vs Richmond, VA Average
Richmond 23230 is more expensive than the Richmond, VA average by $9/mo (0%). The citywide average is $1,852/mo across all neighborhoods.
Is Rent Going Up or Down in Richmond 23230?
As of October 2026, the average rent in Richmond 23230 is $1,861 per month across 2 apartment communities and 34 recently listed units.
The most affordable option is GEM at Scott's Collection starting at $1,626/mo. By unit type, a 1-bedroom averages $1,801/mo, a 2-bedroom averages $2,057/mo.
Prices range from $1,626 to $2,520 per month. The most common price point is the $1,600 range, where 20 units were listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Richmond 23230
Rent Prices by Apartment in Richmond 23230
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| GEM at Scott's Collection | $1,626/mo | $1,861/mo | 17 | 3.7 |
| INK at Scott's Collection | $1,626/mo | $1,861/mo | 17 | 4.7 |
Frequently Asked Questions About Rent in Richmond 23230
What is the average rent in Richmond 23230?
Is rent going up or down in Richmond 23230?
What is the cheapest apartment in Richmond 23230?
How much is a 1-bedroom apartment in Richmond 23230?
How many apartments are available in Richmond 23230?
What salary do I need to live comfortably in Richmond 23230?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$74,000/year
Based on the 30 percent rule, using our tracked average rent of $1,861/mo.
Comfortable income
$89,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,626/mo), you need to earn at least $65,000/year.
Median household income in Richmond 23230 is $62,671 , about 30% below the comfortable-living threshold.
Cost of living in Richmond 23230
Overall prices in Richmond 23230 runs below the national average by about 2% (BEA Regional Price Parity index 98.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Richmond 23230's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,861 |
| Utilities | $434 |
| Groceries | $524 |
| Transportation | $1,036 |
| Healthcare | $505 |
| Other goods and services | $808 |
| Estimated total | $5,169/mo |
Population
227,595
Median household income
$62,671
Census median rent
$1,314/mo
Census rent burden
31.4%
Median age
34.5
Mean commute
22 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Richmond 23230 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Richmond 23230 Apartments
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