Why Live in Midtown Richmond
Midtown Richmond is a vibrant neighborhood in the heart of Richmond, bordered by the lively West Broad Street. This area offers a mix of restaurants, shops, and entertainment, contributing to its dynamic atmosphere. Recent redevelopment has introduced new dining options and condominium complexes. Residents enjoy the walkability and proximity to both downtown and the western parts of the city. Home styles include contemporary colonials and townhomes with distinctive features like tall windows and wide porches, alongside modern condominiums such as Todd Lofts and Cookie Factory Lofts.
The neighborhood is bike-friendly, with lanes on West Leigh Street leading to local spots like Whole Foods, Movieland, and Scott's Addition. Families have access to Richmond Public Schools, with the highly rated Maggie L. Walker Governor's School as an option. Monroe Park and Bon Secours Park provide green spaces for recreation. Grocery shopping is convenient with Whole Foods and Aldi nearby, and dining ranges from Italian at Gersi to casual meals at City Diner.
Entertainment options include Movieland, River City Roll, and The Broadberry for movies, bowling, and concerts. Sports fans can enjoy a Flying Squirrels game at The Diamond. The area's proximity to Virginia Commonwealth University (VCU) attracts students and employees. Public transportation is accessible via the GRTC Transit System, and Interstate 95 is nearby for commuting. The VCU Medical Center is 3 miles away, and Richmond International Airport is about 14 miles away. Midtown Richmond is safer than the national average, enhancing its appeal as a residential area.
Frequently Asked Questions
Is Midtown Richmond a good place to live?
Midtown Richmond is a good place to live. Midtown Richmond is considered fairly walkable and very bikeable with some transit options. Midtown Richmond is a suburban neighborhood. Midtown Richmond has 5 parks for recreational activities. It is fairly sparse in population with 4.4 people per acre and a median age of 31. The average household income is $74,300 which is below the national average. College graduates make up 59.2% of residents. A majority of residents in Midtown Richmond are renters, with 91.5% of residents renting and 8.5% of residents owning their home. A
local real estate agent serving Midtown Richmond can help you decide if this neighborhood is the right one for you. Learn more on our
Midtown Richmond neighborhood guide.
Is Midtown Richmond, VA a safe neighborhood?
Midtown Richmond, VA is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Midtown Richmond?
The median home price in Midtown Richmond is $309,000. If you put a 20% down payment of $61,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Midtown Richmond. The average household income in Midtown Richmond is $74K.
What are the best public schools in Midtown Richmond?
The best public schools that serve Midtown Richmond are:
What are the best private schools in Midtown Richmond?
The best private schools that serve Midtown Richmond are:
- Saint Benedict Catholic School has an A+ Niche grade, a student teacher ratio of 16:1 and an average review score of 5.0.
- Orchard House School has an A+ Niche grade, a student teacher ratio of 10:1 and an average review score of 5.0.
- Veritas School has an A Niche grade, a student teacher ratio of 10:1 and an average review score of 4.8.
What are the most popular zip codes in Midtown Richmond, Richmond, VA?
What are the most popular neighborhoods near Midtown Richmond, Richmond, VA?
Are home prices dropping in Midtown Richmond?
Yes, home prices in Midtown Richmond are down 41% in the last 12 months.
Home Trends in Midtown Richmond, VA
On average, homes in Midtown Richmond, Richmond sell after 73 days on the market compared to the national average of 70 days. The median sale price for homes in Midtown Richmond, Richmond over the last 12 months is $285,000, down 23% from the median home sale price over the previous 12 months.
Median Sale Price
$285,000
Median Single Family Sale Price
$285,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
0
Last 12 months Home Sales
3
Median List Price
$309,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-23%