Find property management in Richmond, VA
Learn what to look for, compare Richmond management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Richmond Property Managers (100)
Showing all property managers in Richmond. Describe your property to show only the managers who offer the services you're looking for.
Real Property Management - Richmond Metro
- At Real Property Management - Richmond Metro, we strive daily to improve the lives of our owners, residents and employees by producing generational wealth and providing comfortable, stress-free l... View full company profileHenrico, VA 23229
KRS Holdings, Inc
- We specialize in management services for residential properties. We also specialize in services for investment property owners in real estate management, leasing, contract administration and acco... View full company profile
Great Richmond Rentals
- If you are searching for a Richmond property management company that sees the business from an owner’s point of view, give us a call.We can help you fill your vacancies, reduce turnovers and ma... View full company profileRichmond, VA 23226
Northpoint Asset Management
- An Inc. 5000 Business! Single Family Homes & Condos & Apartments professional PROPERTY MANAGEMENT company with office locations throughout the United States; providing quality services for over a... View full company profile
PMI Richmond
- PMI Richmond is dedicated to providing our clients with excellent customer service by maximizing owner profitability while preserving their investment in real estate. This is all part of PMI Rich... View full company profileGlen Allen, VA 23060
Trimark Corporation
- As a trusted property management firm, Trimark leads our owner-clients in the stewardship of their real estate assets by applying our industry knowledge and professional insight to deliver a supe... View full company profile
Metropolis Condominium Management Inc.
- In business for over 25 years, Metropolis Condominium Management offers a broad range of services designed to meet the unique needs of your community. View full company profileMarket Info
Richmond Management Companies
As a landowner or community board member, you've learned the importance of sound management practices for the prolonged health and prosperity of your asset or association. For this reason many Richmond, VA owners and HOA boards look to a full-time property manager for assistance. Our directory can aid your evaluation process and help you make an informed decision about who to hire.
In case you're interested, here is a list of things to ask about when assessing your fit with a property management company. The aim of this website is to give landlords the knowledge and tools you need to decide wisely about working with a property management professional. Provided you're unfamiliar with what typical management contracts contain, you might consider reading our research on property management agreements. We hope the resources on this site prove to be useful!
Housing Market Stats
| Richmond | Virginia | U.S. | |
|---|---|---|---|
| Median Home Value | $222,900 | $298,900 | $192,400 |
| Owner Costs > 30% Income | 16.5% | 17.7% | 14.7% |
| Gross Rent > 30% Income | 21.3% | 20.9% | 19.2% |
Richmond, VA Housing Market Stats
As of 2008, the rental vacancy rate in Richmond, VA stood at 9%, relatively high compared to the rest of the country. There are about 508,814 housing units, averaging $222,900 in value, 30% of which are occupied by renters. The rent to price ratio in Richmond, VA is 0.4%, slightly higher than the Virginia average. For 21% of Richmond, VA tenants, 30% or more of their income goes to paying rent.
Demographic Stats
| Richmond | Virginia | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 24.4 | 25.8 | 25.3 |
| Median Age | 37.2 | 35.8 | 36.7 |
| Avg Household Size - Owners | 2.59 | 2.63 | 2.7 |
| Avg Household Size - Renters | 2.35 | 2.37 | 2.42 |
| Median Household Income | $58,590 | $64,246 | $52,175 |
| Per Capita Income | $29,787 | $33,834 | $27,466 |
Richmond Demographic Info
Richmond has a population of 1,210,042, comprised of 462,392 households, with on average 3 members per household. Out of approximately 640,027 people in the civilian workforce, 602,571 (94%) were employed in 2008. 85% of the population 25 and older has earned a high school diploma, with 30% holding a 4 year college degree.
Community Info
Richmond Community Info
As the capital of the state of Virginia, Richmond’s economy is based heavily on the government, service, law, and finance industries; these industries combined represent more than one half of the jobs in the city. Many notable corporations have headquarters in Richmond, including GE Financial Assurance and LandAmerica Financial Group. Citizens of Richmond have a median household income of approximately $36,000 annually.
Tourism also plays an important role in Richmond’s economy, as the city is home to an abundance of historic landmarks and sights. Downtown Richmond’s Canal Walk on the James River boasts 22 historical statues and markers, including the famous Civil War Visitor’s Center. Brown’s Island and Belle Isle, also on the Canal Walk, offer tourists a well-preserved glimpse into canal history. Other famous architectural sights are represented by historic buildings such as The Maggie Walker House, Agecroft Hall, and the Governor’s Mansion. Tourists can view the city on foot by taking any number of the city’s tree-lined brick roads, or by rail, bus, automobile, and riverboat. Most automobile traffic into and out of the city comes though I-64 and I-95. The majority of the area’s air traffic is controlled by the Richmond International Airport.
The Richmond Arts Council has taken great strides to maintain the city’s vibrant arts and cultural scene. Among the city’s most well known theatres are the Carpenter Center and the Landmark Theatre. Richmond has many art galleries with hundreds of exhibits for citizens to view at any given time throughout the year. Some of the best-known galleries in the area are the Anderson Gallery and the Last Stop. Residents in Richmond support local music, and every year, the city is home to a number of musical festivals, including the world renowned “Big Gig:” 16 days of diverse music in venues throughout the city.
Because of the Arts Councils’ partnership with the city’s public school system, students of all ages in Richmond can experience its many cultural offerings. Students seeking post-secondary education have access to several local colleges and universities, including Virginia Commonwealth University and the University of Richmond. Currently, of the population who are 25 years of age or more, about 75% hold a high school diploma, and 29% have at least a bachelor’s degree. Improving the quality of education has been an important issue for current Richmond Mayor Dwight Jones, who is also focusing his efforts on creating inclusive neighborhood plans and strong initiatives for Richmond’s diverse population, which is about 57% African American, 38% White, 3% Hispanic or Latino, and 1% Native American.