Rental market snapshot for Church Hill, Richmond
Church Hill rental market summary
The rental market in Church Hill, Virginia is showing signs of growth. In July of 2023, there were 38 new listings, a 7.0% increase from the previous month. This is a positive sign for the rental market in Church Hill, as it indicates that more people are looking for housing in the area. The median rent in Church Hill also increased from $1,495 in June of 2023 to $1,600 in July of 2023, a 8.6% increase from the same time last year. This is a strong indication that the rental market in Church Hill is continuing to grow and that demand for housing is increasing.
Overall, the rental market in Church Hill is showing signs of growth. With more new listings and increasing median rent prices, it is clear that the rental market in Church Hill is on the rise. This is good news for both landlords and tenants, as it indicates that the rental market in Church Hill is becoming more competitive and that there are more options available for those looking for housing in the area.
Median rent for all residential properties in Church Hill
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The most expensive listings and top trending buildings in Church Hill
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2306 E Broad St | $4,200 | 3 / 2.5 |
| 504 N 24th St | $2,900 | 4 / 2.5 |
| 3105 E Marshall St | $1,995 | 3 / 2.0 |
| 3018 E Broad St | $1,795 | 2 / 1.0 |
| 417 N 26th St | $1,650 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,317 |
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Bedroom Breakdown in Church Hill
Church Hill neighborhood apartments rents
The rental market for studios in Church Hill, Virginia appears to be relatively stable, with only one new studio listing in June 2022. The median rent for studios in June 2022 is $935, though the median rent for May 2022 is not available. Therefore, it is not possible to determine the percent change in rent from May 2022 to June 2022. Overall, the rental market for studios in Church Hill appears to be relatively stable.
The rental market for 1-bedroom apartments in Church Hill, Virginia in March 2023 saw two new listings, with the median rent remaining unchanged from the previous month at $1,317. This indicates that the rental market for 1-bedroom apartments in Church Hill is stable, with no significant changes in rent prices.
The rental market for 2-bedroom apartments in Church Hill, Virginia is showing signs of growth. In May 2023, there were 4 new 2-bedroom listings, a 24.6% increase in rent from April 2023 to May 2023, and a median rent of $1,862. This indicates that the rental market is becoming more competitive and that prices are increasing.