Richmond va rent

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Rental Property Management in Richmond

Renters Warehouse Richmond

In the Richmond area, Renters Warehouse is the top leasing and property management company. Our team of local licensed professional landlords is perfectly suited to help homeowners and investors like you lease their home or property with confidence.

Richmond Property Management

Our professional property managers can handle all of your management needs when you rent out your house or property in the Richmond area.

With a strong Richmond rental market, Renters Warehouse is ready to help you turn your rental home  into income in just a few weeks.

There are no marketing fees, no upfront fees, and you can cancel at any time.

Services Include: inspections, tenant placement, rent collection, maintenance, tax and licensing paperwork, protection packages and more.

Rental Properties in the Richmond, VA Area

The Richmond area was rated number four on Zillow’s list of hottest US rental markets for 2016. A strong job market, and low unemployment rate has resulted in an excellent environment for landlords.

As a homeowner, you will also have leg up on some older apartment buildings that operate with restrictions under Richmond’s Rent control laws.

Renters Warehouse can help you capitalize on the unique Richmond market. Contact us today to learn more.

Richmond Property Management Stats

Population

223,170

Median Household Income

$40,758

Zillow Richmond SFR Median Rent

$1,285

Rental Occupancy Rate

35.96%

Renters Warehouse Richmond SFR Median Rent

$1,369

Vacancy Rate

3.51%


Renters Warehouse Richmond proudly serves: Richmond, Henrico, Chesterfield, Goochland, New Kent, Hanover, Ashland, Chester, Midlothian, Bon Air, Short Pump, Glen Allen, Highland Springs, Sandston

Property Management Pricing for Richmond

Renters Warehouse Richmond property managers can help with monthly rent collection, maintenance request coordination, inspections, tax and legal paperwork, and more!

*Call us for more information on our multi-family rental program.

Property Management Account Setup Fee: $99

Property Management Account Setup Fee with existing tenants: $299

Eviction Admin Fee: $350

Customized Maintenance Service Options: $10-$15 per month plus $25 per closed work order (*Includes working with home warranties, customized notice thresholds and Owner preferred vendors)

Get Started with 24/7 Property Management
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Sours: https://www.renterswarehouse.com/offices/richmond

1,137 Apartments for rent in Richmond, VA

Rumor going around the old Commonwealth is you’re looking for an uber-sweet crash pad in the capitol of Virginia. Good call!

Richmond, after all, not only boasts one of America’s most storied pasts but also has a lot to offer to those of us living in the present (i.e., plenty of affordable and eclectic lodgings).

Having trouble with Craigslist Richmond? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Richmond: A Sneak Peek at “The River City”

Richmond has a fascinating history of its own. Founded in 1737, it is one of America’s most tenured cities and played critical roles in both the Revolutionary and Civil Wars. But you’re not here for a history lesson, we know. You want to hear about Richmond in the here and now. So here are a few facts of life you should know about the city in the 21st century:

  • A History Aficionado’s Heaven: Outsiders continue to flock to the city to visit Richmond National Battlefield Park and Hollywood Cemetery, among other historic locations. Be prepared: Richmond is a hotbed for Civil War reenactments, so if you’re sitting on your favorite barstool in Shockoe Botton one night and you see a blood-stained Johnny Reb stumbling by, you’re not hallucinating or seeing a ghost. It’s just a “regular” guy who’s pretending to be wounded in action or dying of dysentery in 1864.
  • Navigating the City: The most convenient way to maneuver throughout the city is (big surprise alert!) via your own vehicle. Traffic is rarely backed up in Richmond and parking spaces are easy enough to find, so if you have your own gas-guzzler, you’re in good shape. If not, you can always take the GRTC city buses that service the area, but be sure to have either exact change or a nifty little GRTC Go Card (available everywhere anything at all is sold…).

  • Day… Richmond residents who like to have their fun under the sun won’t be disappointed. Popular daytime recreational haunts include Belle Isle on the James River, Monument Avenue, and Maymont Park (one of the country’s most aesthetic urban parks). Numerous other parks and museums (including the Edgar Allen Poe Museum) are spread throughout the city as well.

  • And Night: If a musical genre exists, there’s a live band in Richmond playing it right now. Throughout Shockoe Bottom, the downtown area, and the Fan District, music junkies will find an endless stream of live music venues with bands exploring every genre from punk, funk, and indie to bluegrass, hip hop, and – sorry to say it – disco. Never fear, techno-tronic enthusiasts: The Shockoe Bottom ‘hood also serves up its fair share of pulse-pounding club music, so don’t forget to pack your glittery shirts and glow sticks.

Settling in Richmond

People have been settling in Richmond successfully for roughly 275 years, and guess what? You can, too! Just a few caveats to consider before signing on that dotted line:

  • Richmond-ers can be choosers: Richmond is one of those rare cities in Virginia where renters outnumber buyers (by more than seven percent in this case). So be choosy and don’t settle on a pad until you’re sure it’s exactly what your little heart desires.
  • Take careful inventory: When you move-in, chances are your apartment manager will give you a checklist so you can note anything that isn’t completely perfect in your new pad. Don’t blow this off! Apartments tend to turn over very quickly in Richmond, and property managers don’t always have the chance to examine every last nook and cranny of vacant units for blemishes. You don’t want to get blamed – or worse, lose your deposit – for something that happened before your time.
  • Bring the basics: Of course, you’ll need I.D., proof of income, a list of previous landlords, and banking info to rent at most Richmond properties. Or, you’ll need a co-signer.
  • It’s not old, it’s distinguished … Roughly 75 percent of buildings in Richmond, including rental properties, were built prior to 1970, so hopefully you appreciate a certain degree of antiquity in your living quarters.

The Lay of the Land

So which neighborhood in Richmond is right for you? You have your choice of 50-plus distinct ‘hoods to pick from, including:

  • Downtown: The downtown area, especially the Monroe Ward and Shockoe Slip areas, are ideal for those who want to be in the hub of the city’s commerce and culture (average apartment cost is around $900). The historical neighborhood of Jackson Ward is also downtown and has some rental houses available in the $1200 range.
  • Shockoe Bottom: The epicenter of Richmond’s nightlife is Shockoe Bottom, on the banks of the James River. Just be prepared to spend close to a grand for a 1 BR and $1300-plus for a multi-room unit.
  • Tobacco Row: Remember those “eclectic” living spaces we promised? We were talking about Tobacco Row, whose clusters of former tobacco factories have been transformed into chic, spacious lofts and condos. Riverside rentals are currently available in the $700 range for the smallest units (600 square feet), while the more roomy digs (1100-plus square feet) will cost you close to $1200.

Closing thoughts: “Give me liberty or give me cheap cost of living”

Well, then, liberty it is! The cost of living in Richmond is nearly 9 percent higher than the national average, but fortunately, the average rental unit is hovering around only $850, and move-in specials pop up frequently.

Welcome to Richmond, and happy hunting!

Sours: https://www.apartmentlist.com/va/richmond
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Welcome Home

Welcome to

Georgetown Apartments

a Richmond, VA community

>

With comfortable townhomes in Richmond’s Malvern Gardens, Georgetown offers an escape from the busy life of the city in an excellent location. You’ll be close to major interstates, shopping, dining, Downtown and Carytown. You’ll be impressed by the lush landscaping, size of our enormous floor plans for the value and our professionally managed property.

Our intimate and unique townhomes offer privacy and comfort at an affordable price. Each boasts hardwood and parquet floors throughout, great kitchens with abundant cabinet space, oversized closets and private enclosed patios perfect for friendly gatherings. We also offer upgraded kitchens and bathrooms. Never worry about a thing with our 24-hour, full-service maintenance and exceptional customer service. Check out more of our amenities below!

  • Air Conditioner
  • Disposal
  • Individual Climate Control
  • Large Closets
  • Private Patio
  • Range
  • Refrigerator
  • Window Coverings
  • Package receiving
  • Short-term Leases
  • Laundry Center
  • Playground
  • Pet-Friendly
  • 24/7 On-Site Maintenance
  • On-Site Management

One look at our spacious floor plans and it's easy to see how Georgetown is different from other apartments for rent in Richmond, VA. With a variety of floor plans to choose from, we’re certain there’s one that’s just right for you. Browse our two bedroom floor plans.

Take a look below at our gallery and you’ll see our Richmond apartments interior and community photos.

The pinnacle of comfortable living, Georgetown is truly one of a kind. Georgetown is ideally situated to give you easy access to the best of what Richmond has to offer. Around the corner from amazing shopping hot spots, and just minutes from Richmond's hottest restaurants. Browse the categories for local services and attractions.

Beverage

  • Black Hand Coffee Co
  • Hardywood Park Craft Brewery
  • The Jasper
  • The Veil Brewing Co.

Entertainment

  • Movieland At Boulevard Square
  • Science Museum of Virginia
  • Virginia Museum of Fine Arts
  • Virginia Museum of History & Culture

Restaurant

  • Lunch and Supper
  • Stella's
  • Tazza Kitchen Scott's Addition
  • The Franklin Inn

Shopping

  • Carytown Shopping District
  • Kroger
  • Target
  • Willow Lawn Shopping Center

The pinnacle of comfortable living, Georgetown is truly one of a kind. Georgetown is ideally situated to give you easy access to the best of what Richmond has to offer. Around the corner from amazing shopping hot spots, and just minutes from Richmond's hottest restaurants. Browse the categories for local services and attractions.

We'd love to help you find your new home! Fill out a contact form, call us at (844) 215-4865, email us or stop by the leasing office.

Sours: https://www.georgetownapartmentsrva.com/georgetown-apartments-richmond-va

Richmond has 2nd-highest eviction rates nationwide – here’s what renters should know

RICHMOND, Va. (WRIC) – Over the past decade, Richmond has become a majority rent-focused home market. Approximately 58% of households in the city rent, and 43% of both renters and homeowners in Richmond spend a third or more of their income on housing. Housing Forward VA considers any household contributing more than 30% of their income to housing to be “cost-burdened.”

Jonathan Knopf from Housing Forward VA told 8News the reason the housing market is so rent-focused is due to a variety of factors, including “more multifamily buildings in the City than suburbs.”

“The city’s demographics are younger and less white – two populations which have structural challenges preventing them from owning,” he explained adding that the presence of Virginia Commonwealth University as an “anchor institution” brings in short-term residents.

According to data from Housing Forward VA, the median rent in Richmond increased from $840 in 2010 to $1,080 in 2019. When broken down by apartment size, $1,020 is the fair market rent of a single-bedroom apartment. For Richmond families, a two-bedroom can cost up to $1,200, and three bedrooms can cost upwards of $1,500, according to data compiled by Virginia Housing.

Ben Teresa, a professor at L. Douglas Wilder School of Government and Public Affairs at VCU and co-founder of RVA Eviction Lab, spoke with 8News on the Richmond housing market.

“Over the past decade, rents have increased for renters faster than incomes,” said Teresa. “So rents have increased over those ten years by about 10% while incomes have increased by about 5%.”

According to Teresa, rents haven’t been raising fastest in the most expensive neighborhoods, instead of in the neighborhoods that are already facing the greatest instability – the southside, east end and northside predominantly. These neighborhoods face extremely high eviction rates, placing Richmond with the second-highest eviction rates in the country, according to Princeton Eviction Lab.

“For part of 2020, in the middle of the pandemic, the worst of the pandemic, rents were not increasing, or even falling in certain places,” said Teresa. “The areas that suffer the worst from housing instability, high eviction, increasing rents, the rents there actually didn’t go down. They went down in places, like in Richmond where there was a lot of new construction like Scott’s Addition and Manchester.”

Both RVA Eviction Lab and Housing Forward VA emphasize that city-wide averages are less relevant than data broken down by neighborhood.

“As we track city-wide averages, they may obscure more nuanced rent trends by neighborhood, race/ethnicity, type of apartment, etc.,” said Knopf.

The next phase of the pandemic means the likely end of the eviction moratorium and emergency aid for families who have fallen behind on housing costs. Teresa told 8News that 10-15% of Virginians fell behind on rent during the pandemic.

“So if we think that what’s happening in the state is similar to Richmond… that’s a significant number of renter households. Probably on the order of 5,000 households that are not able, and that’s probably a low estimate,” said Teresa.

Knopf stressed his concerns for the end of emergency aid. “If the moratorium does end and evictions resume significantly, more Richmonders will find themselves a) possibly homeless, and b) limited in the type and location of housing that will accept them now that they have an eviction on their record.”

As for the cost of rent moving into the next phase of the pandemic, both Knopf and Teresa expect the rental market to resume its pre-pandemic trajectory.

“I expect rents to keep climbing at about the same pace they have been over the next few years,” said Knopf. “Barring some other major crises or economic downturn, Richmond will continue to be a popular place to live and move to, especially as a less-expensive alternative to DC. That means demand will keep ticking up – the question is whether we will keep adding new supply.”

RVA Eviction Lab hopes that in the wake of the pandemic, emergency aid could continue into more permanent programs to help renters.

“Virginia has done more than many other states in terms of providing rental assistance for people who lost jobs related to COVID,” said Teresa. “And I think we can expect, unfortunately, to resume the levels of instability, rising housing costs, and rising levels of eviction that were pre-pandemic.

“The hope is though that we can build on some of the emergency interventions and protections to stabilize housing for more people after the pandemic rather than just resume what was the status quo before.”

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Sours: https://www.wric.com/news/local-news/richmond/richmond-has-2nd-highest-eviction-rates-nationwide-heres-what-renters-should-know/

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