Rent by ZIP · Richmond city
Rent in Richmond, VA 23221
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,930 (-3% vs FY2026). Renters in this ZIP code pay a median $1,518 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,700 | $1,730 | -1.7% | $1,530–1,870 | $1,176 ±$92 |
| 1 bedroom | $1,770 | $1,810 | -2.2% | $1,593–1,947 | $1,301 ±$61 |
| 2 bedrooms | $1,930 | $1,990 | -3% | $1,737–2,123 | $1,621 ±$87 |
| 3 bedrooms | $2,380 | $2,490 | -4.4% | $2,142–2,618 | $2,129 ±$348 |
| 4 bedrooms | $2,920 | $3,070 | -4.9% | $2,628–3,212 | $2,475 ±$637 |
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 23221
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 |
|---|---|---|---|
| 23220 | Richmond | $1,980 | $1,633 |
| 23222 | Richmond | $1,490 | $1,166 |
| 23219 | Richmond | $1,750 | $1,763 |
| 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.