Contract Rent in Richmond city, Virginia

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed Contract rent trend from 2009 & 2015 for all counties in the US. Contract rent is impacted due to factors such as Home location, facilities in the home, Employment opportunity, Strata levies, duration of the tenant.

The key elements in the research are

1. Contract rent below $1000
2. Contract rent above $1000

Our key findings

• % Change Cash rent below $1,000: Richmond city out performed than Virginia by 11.6
• % Change Cash rent below $1,000: Richmond city out performed than US by 5.1
• CAGR Cash rent below $1,000: Richmond city out performed than state by 2.0
• CAGR Cash rent below $1,000: Richmond city out performed than US by 0.9
• % Change Cash rent above $1,000: Richmond city out performed than Virginia by 58.3
• % Change Cash rent above $1,000: Richmond city out performed than US by 54.8
• CAGR Cash rent above $1,000: Richmond city out performed than state by 6.1
• CAGR Cash rent above $1,000: Richmond city out performed than US by 5.7

County	Richmond city
Cash rent below $1,000 2015	38,351
Cash rent below $1,000 2009	36,440
Cash rent below $1,000 % change	5.2
Cash rent below $1,000 change rank compared to US	1,097
Cash rent below $1,000 change rank compared to Virginia	43
Cash rent above $1,000 2015	10,695
Cash rent above $1,000 2009	5,196
Cash rent above $1,000 % change	105.8
Cash rent above $1,000 change rank compared to US	957
Cash rent above $1,000 change rank compared to Virginia	41