Residential Facts & Figures

Who lives downtown and why? Is it the walkability? Riverfront access? Do they rent or own? What matters most to downtown's residents? We've got the answers!

River's Edge apartments

Who Lives Downtown?

Downtown Richmond has experienced residential growth in the recent years. From Millennials wanting the ease of living and working downtown, to Baby Boomers downsizing from single-family homes, to low-to-no-maintenance properties, Downtown has - yet again - become home to a diverse segment of Richmonders.​

Street full of people

Facts & Figures

  • 51,000 residents have moved to Richmond since 2010
  • 18% of households do not own a car
  • People biking or walking to work nearly doubled since 2000
  • GRTC bus rapid transit triples number of residents within ½ mile of a frequent bus
  • 74 Walk Score
  • 75% of Richmonders live within a 10 minute walk of a park
  • There are nearly 3,000 acres of parkland in the City
  • Annual Rent Growth Up 3%
  • Market Rent/SF $19.65
  • 7 Bus Stops Downtown

To make yourself at home, check out our Living Essentials to learn more about where to find services Downtown!​

Data provided by City of Richmond.

Virtual Tour

Welcome to Richmond, your destination for living, working and exploring. Discover our vibrant downtown with a virtual tour showcasing Virginia’s capital city, an innovative community of small businesses, start-up incubators and Fortune 500 companies.