Family Office Briefing on research byNewmark·May 22, 2026
Richmond & Hampton Roads Multifamily Market Report 1Q26
The report covers multifamily market trends in Richmond and Hampton Roads for Q1 2026, including occupancy, rent growth, absorption, and sales volume.
Key Metrics
| Metric | Value |
|---|---|
| Occupancy Rate | 95.4% |
| Average Effective Rent Growth | 1.3% |
| Absorption | -30.3% |
| Deliveries | 306units |
| Sales Volume | 287million |
| Price per Unit | 191784$ |
| Occupancy Rate | 96.6% |
| Average Effective Rent Growth | 4.1% |
| Absorption | -63.0% |
| Deliveries | -61.6% |
Metrics extracted from the source report and independently fact-checked. Method →
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