Buying a Richmond Rental: Cite $26,029, Keep Satellites Separate

Underwrite Richmond at $26,029 on 1,033 listings. Do not underwrite Ashland as this note. Year over year is minus 4.2 percent.

Typical Richmond listings earned about $26,029 last year from 1,033 active rentals, AirROI trailing twelve months from August 2025 through July 2026. The average night was $194. Occupancy was 44.5 percent. Revenue per available night was $89. Year over year is minus 4.2 percent. Active supply moved plus 5.8 percent. A prior hub brief printed plus 26.6 percent growth in an older window. This pass uses the current extract.

The three strongest city months are October, March, and May. October is the busiest. July is the slowest. Occupancy is weakest in July. Most guests arrive from Richmond, then Washington. Stay is 6.2 nights, booked about 39 days ahead. Call Richmond Zoning Administration at 804-646-6340. 900 E Broad Street, Room 108. The city's STR page lists a $600 biennial permit. The operator must be the property owner. In a residential zoning district the stay must sit on the lot of the operator's primary residence. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock.

DSCR Starts on Richmond $26,029

DSCR starts on $26,029 on 1,033 listings. ADR $194. Occupancy 44.5 percent. RevPAR $89. This page does not invent a purchase price. Write this heading as the stay a host can actually file. Write the city or the satellite the guest typed. Beyond the Rapids is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay.

Year Over Year Is Minus 4.2 Percent

Year over year is minus 4.2 percent. A prior hub brief printed plus 26.6 percent in an older window. File the current extract. Write this heading as the stay a host can actually file. Keep $26,029 on 1,033 city listings on its own line. Market a Richmond Stay is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole.

Supply Plus 5.8 Percent

Supply moved plus 5.8 percent. Watch this sample. Write this heading as the stay a host can actually file. October is the city peak. July is the city hole. Richmond STR Rules is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit.

A Satellite Stay Is Not This City Note

An Ashland or Petersburg stay is not this city note. This pass did not mint satellite AirROI years. Keep those files unlabeled rather than invented. Write this heading as the stay a host can actually file. Call 804-646-6340 before you advertise a Richmond stay. Richmond Shoulder is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay.

The $600 Biennial Permit Sits With the Deed

The $600 biennial permit sits with the deed. Owner-operator and primary-residence rules sit with residential lots. Call Richmond Zoning Administration at 804-646-6340. 900 E Broad Street, Room 108. The city's STR page lists a $600 biennial permit. The operator must be the property owner. In a residential zoning district the stay must sit on the lot of the operator's primary residence. Write this heading as the stay a host can actually file. The city's STR page lists a $600 biennial permit. Richmond Remote Stays is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock.

Watch This Sample Size

Watch this sample size. 278 listings set a 30-night minimum. Stay is 6.2 nights. Lead is 39 days. Write this heading as the stay a host can actually file. Ashland is not Scott's Addition. DIY vs Hire Beyond the Rapids is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay.

Independent Ownership Changes the Hire

Independent ownership changes the hire. Professionally managed share is 8.0 percent. Write this heading as the stay a host can actually file. Petersburg is not the Fan. Who Books Richmond is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition.

What a Buyer Packet Should Carry

What a buyer packet should carry is the city year, the hall, and each satellite on its own line. Write this heading as the stay a host can actually file. We market. We do not take the lock. Richmond Tourism Data is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit. Ashland is not Scott's Addition. Petersburg is not the Fan. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit.

Hosts who underwrite Greater Richmond should keep $26,029 on 1,033 city listings, call 804-646-6340, and leave Ashland and Petersburg on their own lines. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $26,029 on 1,033 city listings on its own line. October is the city peak. July is the city hole. Call 804-646-6340 before you advertise a Richmond stay. The city's STR page lists a $600 biennial permit.

Frequently Asked Questions

What did a typical Richmond short-term rental earn last year?

About $26,029 over the trailing twelve months from August 2025 through July 2026, across 1,033 active rentals. Average nightly rate was $194, occupancy 44.5 percent, and revenue per available night $89. Revenue was down 4.2 percent year-over-year while active supply grew 5.8 percent. Note a prior hub brief cited plus 26.6 percent growth from an older window — use this current extract instead.

Do I need a permit to operate a short-term rental in Richmond?

Yes. The city's STR page lists a $600 biennial permit, and the operator must be the property owner. In a residential zoning district, the stay must sit on the lot of the operator's primary residence. Call Richmond Zoning Administration at 804-646-6340, 900 E Broad Street, Room 108, walk-in Monday through Friday 8:00 a.m. to 1:00 p.m., to confirm current 2026 requirements.

Is Ashland part of the Richmond revenue figure?

No, and this research pass didn't mint an AirROI year for Ashland — its figures should stay unlabeled rather than invented. Ashland is not Scott's Addition, and it's a separate satellite market with its own family-basecamp guest draw, distinct from Richmond's $26,029 city number.

What about Petersburg — does it share Richmond's numbers?

No, this pass also didn't produce a Petersburg AirROI year. Petersburg is not the Fan, and it draws a heritage-circuit guest rather than the urban Richmond visitor. Keep it unlabeled and confirm any Petersburg-specific figures separately before citing them.

When is Richmond's short-term rental market strongest?

October is the busiest month, with March and May also running strong. July is both the slowest revenue month and the weakest for occupancy. That seasonal pattern tracks Richmond's own downtown and rapids-district calendar, distinct from Ashland's or Petersburg's own patterns.

Who books a Richmond short-term rental?

Most guests arrive from within Richmond itself, then Washington, D.C., staying an average of 6.2 nights booked about 39 days ahead. Urban guests want Scott's Addition and the rapids; Ashland guests are booking a family basecamp, and Petersburg guests a heritage circuit — three different products that shouldn't share one pitch.

Should I hire a property manager for a Richmond listing?

Professionally managed share in Richmond is 8.0 percent, with the largest manager, Anna, holding 18 listings — a heavily independent-owner market. Ashland and Petersburg each reward their own separate approach rather than one blended management pitch across all three markets.

Is a 30-night minimum stay proof that Richmond's market runs full?

No. About 278 of Richmond's 1,033 active listings — 26.9 percent — have set a 30-night minimum, a host policy choice rather than an occupancy measurement. Richmond's actual occupancy is 44.5 percent and average stay is 6.2 nights. Don't mistake a long minimum-stay setting for strong booking pace.

What should a buyer packet cite for a Richmond acquisition?

Cite $26,029 on 1,033 city listings, 5.8 percent supply growth, and a 4.2 percent year-over-year revenue decline, sourced to the current AirROI extract rather than the older plus-26.6-percent figure. Keep Ashland and Petersburg unlabeled rather than inventing numbers for them, and confirm current permit status by calling 804-646-6340.

Can I use Richmond's city ADR to price an Ashland or Petersburg listing?

No. Richmond's average nightly rate is $194 across 1,033 listings, and this pass produced no matching figures for either satellite market. Keep the $194 city ADR off both Ashland and Petersburg, and confirm each town's own current data independently rather than assuming a shared Greater Richmond rate.

Related Reading

More PLACE, STATE reading already live on Crest & Cove.

• Beyond the Rapids: Richmond $26,029, Satellites Stay Separate

• Richmond STR Rules: Confirm the $600 Permit Before You List

• What It Costs to Start a Legal Richmond STR Stay 2026

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Reach out at crestcove.co or (256) 998-7502.