October 29, 2025
Matrix Multifamily Richmond Report-October 2025
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.
Sign up to download
Recent reports
-
Matrix Multifamily National Report – September 2026
Multifamily performance mixed heading into final stretch
-
Matrix Single-Family Rental National Report – September 2026
Matrix Single Family Rental Report – September 2026
-
Matrix Industrial National Report – September 2026
Headwinds threaten post-supply boom equilibrium