Richmond Metro

Richmond metro covers 149 tracked apartment buildings totaling 35,198 units in Richmond, VA, with an average asking rent of $1,707 — close to the national median for this metropolitan area. Asking rents span $998 to $5,859 across the available inventory. Occupancy of 93.1% is in line with a healthy stabilized market.

The for-sale market in this metropolitan area shows a median asking price of $374,950 ($235 per square foot). For-sale listings sit on the market for an average of 59 days. As of the most recent snapshot Rufus is tracking 145 active listings. HMDA mortgage data for the county covering Richmond shows an average loan amount of $368,408 at an average interest rate of 6.75%. 6,447 loans were originated in the most recent reporting year, a very low denial rate that suggests borrowers in this area are typically well-qualified.

Rufus refreshes this metropolitan area snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.