Henrico renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Henrico is about $1,252 per month. This puts it in the 81st percentile compared to the state average cost of rent, which is $1,444. Households in Henrico have a median income of $7,650 per month so the average renter in Henrico is spending roughly 16% of their earnings on housing.
Nationally, and in Henrico, home values are the data point most closely correlated with the cost of rent. The median price of a home in Henrico is $306,767 right now, which is higher than nearby cities, meaning that rents in Henrico also tend to be higher versus these nearby cities.
Higher rent prices are common in the southeastern parts of Henrico while lower rent rates are often available in central areas.
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood