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Richmond Rents Stay Positive Advertised asking rents in Richmond were up 0.2 percent on a T3 basis through August, to an average of $1,592, which was just 10 bps ahead of the nation. Supply growth slowed to a level closer to historic averages, with 4,346 units coming online in 2025’s first eight months.
Advertised asking rents in Richmond were up 0.2 percent on a T3 basis through August, to an average of $1,592, which was just 10 bps ahead of the nation. Supply growth slowed to a level closer to historic averages, with 4,346 units coming online in 2025’s first eight months.
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