Blog Post

RVA named 3rd in the nation for attracting new residents during Covid-19!

Emily Brick Road Rentals • Apr 16, 2021

How the Continued Growth of Richmond is Affecting Rentals! 


Covid-19 has affected many areas of our lives over this past year. One of the biggest changes is the way we work. Many companies have transitioned their employees to virtual workplaces allowing them to virtually move anywhere in the country they want! You can now earn a New York City salary but live in an affordable up and coming city like we have here in RVA! Out of 38 major cities, Richmond was found to be the 3rd most popular to attract new residents during the pandemic! 

We first saw an article regarding this topic by our local new station ABC8News. You can read their article below:


So how does this affect rentals? 

We have noticed at the beginning of our leasing season, our properties are renting faster than ever. We will list a property for rent and have applications on it much quicker than in the past! With so many new residents moving to Richmond, the demand for rentals and homes is increasing more than ever! New tenants have to be competitive when it comes to finding a lease just like the current home sales market. 

As Richmond continues to grow and bring in new residents, it will be fun to watch the areas in the city that continue to expand to adapt to this growth! 

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