About Fair Housing Find a manager that fits your property
Find a Manager Match me with a property managerMatch Me With a Manager I'm a Manager

Property Managers in Richmond, VA

Compare top property management companies in Richmond, VA. Review services and vetting status, then reach out or request a free quote.

Berkshire Hathaway HomeServices PenFed
Earl M. Jackson Broker
N. Chesterfield, VA [ Serves Richmond, Bon Air, Chester, Chesterfield +8 more ]
Unverified
We are a full-service Property Management company, with more than 30 years of experience.  Memberships include Richmond, Virginia and National Association of Realtors, National Tenant Network, National Association of Residential Property Managers, VAR Property Management Council, Virginia Property Management Coalition Board, Housing Opportunities Made Equal, Board of Directors, Commercial Property Information Exchange, RAR Education Committee, VAR Education and Legislative Committees, VAR Rental Inspection Task Force, VAR Legislative Summit.
›
Suite for You Corporate Housing
Sue McCormick
Richmond, VA
Unverified Long-term Residential
›
Dodson Property Management
Elizabeth Cane
Richmond, VA
Unverified
›
Dodson Property Management
Stephen M Kittrell
Richmond, VA
Unverified
›
Dodson Property Management
Timothy Wehner
Richmond, VA
Unverified
›
Dodson Property Management
Trevor C Wood
Richmond, VA
Unverified
›
RentInRichmond.com
Whit Brooks
Richmond, VA
Unverified
›
Boatwright Property Management
Angela Farmer
Richmond, VA
Unverified
›
Horner & Newell, Inc. Realtors
Diane Harring
Richmond, VA
Unverified
›
Dominion Properties Virginia
Betsy Kaltsounis
Richmond, VA
Unverified
›
Top Tier Properties
Phil Victor
Richmond, VA
Unverified
›
Cityscape Property Mgmt LLC
Lisa Williamson
Richmond, VA
Unverified
›
Dodson Properties
Chris McCracken
Richmond, VA
Unverified
›
Dodson Property Management
Gabe Kachuba
Richmond, VA
Unverified
›
Wind Chime Properties
Danielle Kenny ABR, CDPE, GRI
Richmond, VA
Unverified
›

Rental market in Richmond: rising rents

In Richmond, Census median gross rent rose about 31.7% over the last five years, rents on a clear upward path. The market also shows three-bedroom rents about 6% below the U.S. average, a population of 335,744, up 2.5% over five years, and vacancy near 5.2%. The typical home is valued near $359,200, and the median household earns about $88,783 a year, with renters spending a median 30.8% of income on rent.

Market at a glance

Rents & affordability

-4% 2-bed vs U.S. rent
-6% 3-bed vs U.S. rent
+-0% 4-bed vs U.S. rent
+31.7% Rent trend, 5-yr
30.8% Rent-to-income

People & households

35.5% Renter-occupied
335,744 Population
+2.5% Population, 5-yr
$88,783 Median household income

Housing stock

5.2% Vacancy rate
$359,200 Median home value
1985 Median year built
73.6% Single-family homes

Jobs

3.6% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -4% 3-bed -6% 4-bed 0%
Who rents vs owns
Renters 35.5% Owners 64.5%

A professional property manager in Richmond generally handles pricing, marketing, tenant screening, rent collection, and maintenance. About 73.6% of local housing is single-family, a common focus for rental owners. With vacancy near 5.2%, rent positioning and days on market can shape your return. Area unemployment is 3.6% as of August 2026. See the managers above and ask for a free quote.

All rent figures cover long-term residential leases, not short-term or vacation stays. Commercial rents are not listed, but they generally follow local residential movement, so the signal above still applies to you.

Frequently asked questions

Are rents rising in Richmond?

In the past five years, Census median gross rent rose close to 31.7%.

How do rents in Richmond compare to the national average?

Relative to the U.S. as a whole: two-bedroom -4%, three-bedroom -6%, four-bedroom +-0%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Is Richmond a good market for rental property?

Rents here have risen in recent years, which can favor owners who buy at the right price. Renters make up 35.5% of households and vacancy sits near 5.2%. Three-bedroom rents run about 6% below the national average, and rents rose about 31.7% over five years.

How strong is rental demand in Richmond?

Renters make up 35.5% of the housing, and the population of 335,744 grew 2.5% over five years. Vacancy runs near 5.2%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).