Richmond, Virginia Short-Term Rental Market
AMarket Score 99/100
Quick Answer: Richmond, Virginia is an active short-term rental market. average occupancy is 70%. average monthly revenue is $3,079. average daily rate is $162. the top operator is Landing, Inc. with 86 listings. market score is 99/100 (grade A).
Avg Monthly Revenue
$3,079
↑ 4.1% YoY
70%
Occupancy
↓ 1.4% YoY
$162
Avg Daily Rate
↑ 8.8% YoY
37.3 days avg lead time5.2 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation68
Seasonality98
Investability74
Rental Demand94
Revenue Growth86
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 57% | $108 | $1,767 |
| Feb | 63% | $112 | $1,783 |
| Mar | 66% | $123 | $2,215 |
| Apr | 64% | $123 | $2,194 |
| May | 66% | $130 | $2,328 |
| Jun | 69% | $129 | $2,419 |
| Jul | 70% | $120 | $2,337 |
| Aug | 68% | $122 | $2,336 |
| Sep | 64% | $120 | $2,047 |
| Oct | 64% | $126 | $2,241 |
| Nov | 62% | $128 | $2,103 |
| Dec | 58% | $122 | $2,010 |
Top Short-Term Rental Operators in Richmond
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Landing, Inc. | 86 | 107 | ★ 3.78 |
| 2 | Utopia VRM | 70 | 4,511 | ★ 4.82 |
| 3 | Evolve | 38 | 1,142 | ★ 4.61 |
| 4 | Properties By Preston | 31 | 97 | ★ 3.81 |
| 5 | Family Properties 456 | 29 | 1,079 | ★ 4.91 |
What Kind of STR Should I Buy in Richmond?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,402 |
| 2 bed | 664 |
| 3 bed | 585 |
| 4 bed | 203 |
| 5 bed | 74 |
ADR by Property Tier
| Entire Home | $185 |
| Luxury | $297 |
| Professionally Managed | $162 |
Revenue by Dwelling Type
| Apartment | $2,594 |
| Entire Place | $3,505 |
| House | $3,392 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 66.3% |
| vrbo | 3.4% |
| both | 30.2% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
Run a Free Address Analysis
Skip the market averages. Get revenue projections, comp analysis, and ROI for your specific property address. Free, instant, no signup required.
Analyze My Property →Home Value Trends (Richmond)
Typical Home Value
$379,365
Median Sale Price
$375,733
Days to Pending
6
Analyze Richmond Rentals
Use our free calculator to estimate Airbnb revenue for any property in Richmond.
Free Richmond STR Calculator →
