The Alder on Dabney
2001 Dabney Rd,
Richmond, VA 23230
$1,450 - $3,665 | Studio - 3 Beds
Featuring a historic charm and progressive attitude, Richmond is the capital city of Virginia. Nicknamed the “Creative Culture,” art, history, and a strong sense of community define this eclectic city. Walk through the cobblestone streets to find murals, sculptures, and other forms of public art decorating local businesses and storefronts. From the Virginia Museum of Fine Arts to the Poe Museum, the arts are represented throughout the entire city. Not just for art lovers, foodies thrive in Richmond. The city has been crowned as one of the best spots in the country for great eats, and residents can get a taste of all it has to offer through the countless local restaurants that encompass every cuisine from southern comfort to Korean barbeque. With all the hustle and bustle of the city, residents need an escape into nature, and the city certainly provides. The James River runs through Richmond allowing thrill seeking residents to explore the whitewater rapids. For those not ready to make the plunge into the rapids, the Virginia Capital Trail is a hiking trail that follows along the river. Those lucky enough to live in this dynamic capital city have a large selection of rentals to consider.
Hadad's Lake in Richmond
The historic Richmond Main Street Station was built in 1901
Richmond's historic Tobacco Row
City view from the James River
As of March 2025, the average apartment rent in Richmond, VA is $1,239 for a studio, $1,391 for one bedroom, $1,571 for two bedrooms, and $2,058 for three bedrooms. Apartment rent in Richmond has increased by 2.4% in the past year.
The cost of living in Richmond, VA is 4.8% lower than the national average. Generally, housing in Richmond is 15.0% less expensive than the national average, with rent falling between $1,239 - $2,058. You can expect to pay 0.4% more for groceries, 0.1% more for utilities, and 3.1% less for transportation.
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
544 Students
Public
Grades PK-5
650 Students
Public
Grades PK-5
577 Students
Public
Grades PK-5
590 Students
Public
Grades PK-5
462 Students
Public
Grades 6-8
825 Students
Public
Grades 6-12
293 Students
Public
Grades 6-8
1,072 Students
Public
Grades 6-8
761 Students
Public
Grades 6-8
1,003 Students
Public
Grades 9-12
200 Students
Public
Grades 9-12
183 Students
Public
Grades 9-12
1,773 Students
Public
Grades 6-12
293 Students
Public
Grades 9-12
1,860 Students
45
Communities
7,920
Units
16
Cities
157
Communities
37,845
Units
59
Cities
106
Communities
21,899
Units
43
Cities
18
Communities
3,509
Units
5
Cities
66
Communities
21,922
Units
26
Cities
30
Communities
7,972
Units
15
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.