In Greater Richmond, you will be members of a large, inclusive, diverse and accepting community with access to safe neighborhoods, excellent public education and top-rated health care.
A wide variety of housing types and styles are available in city, suburban and rural locations. Choices include downtown apartments in renovated warehouses, historic townhouses, golf course and waterfront communities and farms. Whatever your lifestyle, there’s a place for you in Greater Richmond.
9,490
net new residents per year
85.2
Cost of Living housing Index
100+
murals decorate the urban landscape
House and Apartment Pricing
The average sales price of new 4-bedroom/2-bathroom homes in the Richmond Metro Area was $418,417 in 2024, according to the C2ER Cost of Living Index. Average monthly apartment rental was $1,521 for a two-bedroom apartment, according to the C2ER Cost of Living Index.
Cost of living in the Richmond MSA is 94.8, with housing at 85.2 index, both well below the national average of 100.0. The average new home price is 20 percent below the national average, and the average 2-bedroom/1.5-bathroom apartment rent is almost 4 percent below the national average.
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