Up until they moved from Tobacco Row in the 1980s, the area was home to many of the country's largest tobacco companies. Shockoe Bottom, just east of downtown along the James River, became a major nightlife, dining, and entertainment center of Richmond in the last two decades of the 20th century.
|Rent Price||Feb||vs Last Month|
Over the February 2023, the average rent for an apartment in/near Shockoe Bottom, Richmond, VA increased by 2% to $1,414.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 2.5% to $1,257. Pricing for 2-bed apartment also increased by 7.3% and a place of this size will now cost you $1,669. 3-bed apartment rent pricing starts at $1,999, it increased by 8.1% lately.
|Rent Type Price||Feb||vs Last Month|
|Apartments for rent||$1,414||+2%|
The median rent for an apartment in Shockoe Bottom, Richmond, VA increased by 2% to $1,414.