{
  "schema_version": "1.0",
  "submarket": {
    "slug": "short-pump-va",
    "name": "Short Pump",
    "state": "VA",
    "city": "RICHMOND",
    "cbsa": "Richmond",
    "zip_codes": [
      "23233",
      "23238"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-19T15:17:34.003Z",
    "last_updated_at": "2026-06-02T12:50:10.433Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1543,
        "low": 1466,
        "high": 1621,
        "mom_pct": -2.340310880829015,
        "yoy_pct": -4.0406217616580316
      },
      "2br": {
        "median": 1886,
        "low": 1792,
        "high": 1980,
        "mom_pct": -0.5078378378378378,
        "yoy_pct": 0.26554054054054044
      },
      "3br": {
        "median": 2382,
        "low": 2263,
        "high": 2501,
        "mom_pct": 4.038289473684211,
        "yoy_pct": 3.0182894736842103
      },
      "4br": {
        "median": 2982,
        "low": 2943,
        "high": 3092,
        "mom_pct": 0.15000000000000002,
        "yoy_pct": 5.185
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1676,
        "low": 1622,
        "high": 1730,
        "mom_pct": 2.505,
        "yoy_pct": 3.965
      },
      "2br": {
        "median": 1921,
        "low": 1873,
        "high": 1969,
        "mom_pct": 0.2429411764705882,
        "yoy_pct": 0.5958823529411764
      },
      "3br": {
        "median": 2322,
        "low": 2229,
        "high": 2415,
        "mom_pct": 0.31000000000000044,
        "yoy_pct": -1.7760869565217394
      },
      "4br": {
        "median": 2997,
        "low": 2886,
        "high": 3107,
        "mom_pct": 0.08999999999999998,
        "yoy_pct": 3.2414285714285715
      }
    },
    "single_family": {
      "1br": {
        "median": 1726,
        "low": 1705,
        "high": 1786,
        "mom_pct": 0.64,
        "yoy_pct": 6.31
      },
      "2br": {
        "median": 1893,
        "low": 1833,
        "high": 1954,
        "mom_pct": 1.1488888888888888,
        "yoy_pct": 5.828888888888889
      },
      "3br": {
        "median": 2390,
        "low": 2313,
        "high": 2466,
        "mom_pct": 1.186842105263158,
        "yoy_pct": 5.794210526315789
      },
      "4br": {
        "median": 2913,
        "low": 2753,
        "high": 3074,
        "mom_pct": 4.714347826086957,
        "yoy_pct": 6.788260869565217
      }
    }
  },
  "vacancy": 3.9457,
  "days_on_market": {
    "apartment": 31,
    "condo_townhome": 32,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "1BR apartments decline 4.0% YoY",
      "body": "In the Short Pump (23233, 23238) rental market, 1-bedroom apartments registered the sharpest annual decrease, with median rent at $1,543—down 4.04% year-over-year and 2.34% month-over-month. This segment’s contraction marks the largest dip in Short Pump (23233, 23238) among tracked property types and bedroom sizes."
    },
    {
      "headline": "3BR apartments rent for $60 more",
      "body": "Among 3-bedroom units in Short Pump (23233, 23238), apartments averaged $2,382 in median rent, $60 above 3-bedroom condo/townhome units at $2,322. While apartments saw a 3.02% YoY increase, condos dropped 1.78% over the same period, illustrating a split in performance between these segments."
    },
    {
      "headline": "4BR single-family rents rise 6.8% YoY",
      "body": "Compared to other property types, Short Pump (23233, 23238) rental trends indicate 4-bedroom single-family homes led with $2,913 median rent, rising 6.79% year-over-year. This surpasses rent growth for 4-bedroom apartments at 5.19% and condos at 3.24% in the same market."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Short Pump, VA range from $1,543 to $2,997 per month depending on property type and bedroom count.",
      "The largest year-over-year rent increase was in single-family 4BR homes, which rose 6.79% over the past year.",
      "For 2-bedroom units, single-family homes have a median rent of $1,893 compared to $1,886 for apartments."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Short Pump, VA as of April 2026?",
        "answer": "In April 2026, rental prices in Short Pump, VA range from $1,543 for a 1-bedroom apartment to $2,997 for a 4-bedroom condo/townhome."
      },
      {
        "question": "Which segment in Short Pump, VA saw the greatest annual rent growth, and is this increase broad or isolated?",
        "answer": "The segment with the highest annual rent growth is single-family 4BR homes, which increased by 6.79% year over year, and all single-family bedroom counts increased between 5.79% and 6.79%."
      },
      {
        "question": "Are rents increasing or decreasing year-over-year across rental types in Short Pump, VA?",
        "answer": "Some segments in Short Pump, VA have year-over-year rent increases, such as single-family 2BR at 5.83% and apartment 4BR at 5.18%, while other segments show decreases like apartment 1BR at -4.04% and condo/townhome 3BR at -1.78%."
      },
      {
        "question": "What is the rent premium for single-family homes versus apartments for the same bedroom count in Short Pump, VA?",
        "answer": "In April 2026, single-family homes in Short Pump, VA rent for $1,726 vs $1,543 for 1BR, $1,893 vs $1,886 for 2BR, $2,390 vs $2,382 for 3BR, and $2,913 vs $2,982 for 4BR, with single-family rents higher for 1BR, 2BR, and 3BR but slightly lower for 4BR apartments."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1543,
          "2br": 1886,
          "3br": 2382,
          "4br": 2982
        },
        "condo_townhome": {
          "1br": 1676,
          "2br": 1921,
          "3br": 2322,
          "4br": 2997
        },
        "single_family": {
          "1br": 1726,
          "2br": 1893,
          "3br": 2390,
          "4br": 2913
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1591,
          "2br": 1896,
          "3br": 2294,
          "4br": 2978
        },
        "condo_townhome": {
          "1br": 1635,
          "2br": 1924,
          "3br": 2295,
          "4br": 2998
        },
        "single_family": {
          "1br": 1715,
          "2br": 1872,
          "3br": 2359,
          "4br": 2785
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1512,
          "2br": 1846,
          "3br": 2331,
          "4br": 3003
        },
        "condo_townhome": {
          "1br": 1636,
          "2br": 1902,
          "3br": 2306,
          "4br": 2988
        },
        "single_family": {
          "1br": 1719,
          "2br": 1877,
          "3br": 2310,
          "4br": 2771
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1624,
          "2br": 1873,
          "3br": 2352,
          "4br": 3031
        },
        "condo_townhome": {
          "1br": 1652,
          "2br": 1889,
          "3br": 2353,
          "4br": 3017
        },
        "single_family": {
          "1br": 1726,
          "2br": 1885,
          "3br": 2316,
          "4br": 2797
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1650,
          "2br": 1901,
          "3br": 2331,
          "4br": 3045
        },
        "condo_townhome": {
          "1br": 1669,
          "2br": 1895,
          "3br": 2318,
          "4br": 3031
        },
        "single_family": {
          "1br": 1734,
          "2br": 1895,
          "3br": 2349,
          "4br": 2792
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1655,
          "2br": 1878,
          "3br": 2315,
          "4br": 3044
        },
        "condo_townhome": {
          "1br": 1679,
          "2br": 1899,
          "3br": 2288,
          "4br": 3043
        },
        "single_family": {
          "1br": 1736,
          "2br": 1902,
          "3br": 2352,
          "4br": 2789
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1653,
          "2br": 1902,
          "3br": 2330,
          "4br": 3033
        },
        "condo_townhome": {
          "1br": 1669,
          "2br": 1921,
          "3br": 2325,
          "4br": 3043
        },
        "single_family": {
          "1br": 1734,
          "2br": 1908,
          "3br": 2361,
          "4br": 2789
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1698,
          "2br": 1938,
          "3br": 2313,
          "4br": 3021
        },
        "condo_townhome": {
          "1br": 1698,
          "2br": 1925,
          "3br": 2354,
          "4br": 3049
        },
        "single_family": {
          "1br": 1732,
          "2br": 1907,
          "3br": 2363,
          "4br": 2841
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1682,
          "2br": 1936,
          "3br": 2313,
          "4br": 2997
        },
        "condo_townhome": {
          "1br": 1711,
          "2br": 1914,
          "3br": 2388,
          "4br": 3034
        },
        "single_family": {
          "1br": 1723,
          "2br": 1897,
          "3br": 2366,
          "4br": 2903
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1668,
          "2br": 1901,
          "3br": 2347,
          "4br": 2960
        },
        "condo_townhome": {
          "1br": 1676,
          "2br": 1909,
          "3br": 2404,
          "4br": 3006
        },
        "single_family": {
          "1br": 1707,
          "2br": 1871,
          "3br": 2376,
          "4br": 2874
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1633,
          "2br": 1896,
          "3br": 2324,
          "4br": 2918
        },
        "condo_townhome": {
          "1br": 1640,
          "2br": 1911,
          "3br": 2333,
          "4br": 2980
        },
        "single_family": {
          "1br": 1681,
          "2br": 1846,
          "3br": 2342,
          "4br": 2830
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1608,
          "2br": 1897,
          "3br": 2340,
          "4br": 2872
        },
        "condo_townhome": {
          "1br": 1619,
          "2br": 1906,
          "3br": 2360,
          "4br": 2932
        },
        "single_family": {
          "1br": 1651,
          "2br": 1819,
          "3br": 2307,
          "4br": 2762
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/short-pump-va/",
    "self": "https://data.estaite.com/feeds/short-pump-va.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}