Rent by ZIP · Richmond city
Rent in Richmond, VA 23224
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,490 (-3.2% vs FY2026). Renters in this ZIP code pay a median $1,314 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,310 | $1,340 | -2.2% | $1,179–1,441 | $1,313 ±$102 |
| 1 bedroom | $1,360 | $1,400 | -2.9% | $1,224–1,496 | $1,265 ±$106 |
| 2 bedrooms | $1,490 | $1,540 | -3.2% | $1,341–1,639 | $1,245 ±$116 |
| 3 bedrooms | $1,870 | $1,950 | -4.1% | $1,683–2,057 | $1,382 ±$55 |
| 4 bedrooms | $2,300 | $2,410 | -4.6% | $2,070–2,530 | $1,747 ±$257 |
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 23224
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 |
|---|---|---|---|
| 23223 | Richmond | $1,550 | $1,279 |
| 23225 | Richmond | $1,630 | $1,407 |
| 23222 | Richmond | $1,490 | $1,166 |
| 23226 | Richmond | $2,040 | $1,767 |
| 23221 | Richmond | $1,930 | $1,621 |
| 23227 | Richmond | $1,540 | $1,470 |
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.