Rent by ZIP · Richmond city
Rent in Richmond, VA 23220
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,980 (-1.5% vs FY2026). Renters in this ZIP code pay a median $1,406 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,750 | $1,750 | 0% | $1,575–1,925 | $1,145 ±$78 |
| 1 bedroom | $1,820 | $1,830 | -0.5% | $1,638–2,002 | $1,173 ±$40 |
| 2 bedrooms | $1,980 | $2,010 | -1.5% | $1,782–2,178 | $1,633 ±$46 |
| 3 bedrooms | $2,450 | $2,520 | -2.8% | $2,205–2,695 | $1,915 ±$170 |
| 4 bedrooms | $3,000 | $3,100 | -3.2% | $2,700–3,300 | $1,203 ±$1,189 |
Small Area FMRs for the Richmond, VA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Richmond, VA HUD Metro FMR Area, 2 bedrooms: $1,651.
What renters pay in 23220
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 23219 | Richmond | $1,750 | $1,763 |
| 23221 | Richmond | $1,930 | $1,621 |
| 23222 | Richmond | $1,490 | $1,166 |
| 23223 | Richmond | $1,550 | $1,279 |
| 23224 | Richmond | $1,490 | $1,245 |
| 23225 | Richmond | $1,630 | $1,407 |
Fair Market Rents across Richmond city, VA · All VA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.