Rent vs buy in Brandermill & Swift Creek

Midlothian, VA · ZIP 23112 · computed from 212 active listings within about 1.5 miles on September 14, 2026

The market right now

• 1-bedroom: $1,650/mo median rent
• 3-bedroom: $2,300/mo median rent
• 4-bedroom: $2,750/mo median rent

2-bedroom and 5-bedroom rentals are not shown: fewer than 5 active listings, too few to publish a median from.

212 homes actively for sale within about 1.5 miles, spanning 1 1-bed, 17 2-bed, 85 3-bed, 69 4-bed, 32 5-bed, 8 6-bed. 201 of them sit inside 23112 itself.

Rent medians over 52 active rental listings in 23112.

What buying takes

• 2-bedroom: $404,950 median list price (market context, not the basis)
• 3-bedroom: $405,000 median list price (market context, not the basis)
• 4-bedroom: $515,000 median list price (market context, not the basis)
• 5-bedroom: $615,990 median list price (market context, not the basis)

1-bedroom list prices are not shown: fewer than 5 active listings, too few to publish a median from.

All-in monthly to own: $2,471 for a 2-bedroom, $2,225 for a 3-bedroom - mortgage, taxes, insurance, maintenance, and any HOA carried.

The roommate math nobody shows you

A matched 2-bedroom here runs about $2,471 a month to own on the homes the engine actually matches here, typically around $341,695. Split two ways, that is about $1,440 per person. Qualifying for the same home solo takes roughly $82,000 a year at the standard 36 percent lender cap: rent splits between people, a mortgage qualification does not.

Brandermill, what qualification costs

$82,000 a year is roughly the income needed to buy a matched two-bedroom here on one application. Two people carrying the same home pay about $1,440 each a month, and the gap between those figures is a lending rule, not a market one.

$1,650 a month is the median one-bedroom rent across Brandermill and Swift Creek, among the higher rents in the Richmond metro.

201 homes are for sale inside 23112 from 212 within about 1.5 miles, one of the deeper markets on this site by count. Depth at one bedroom is a different matter, and it is thin enough that no matched price at that size is stated here.

Keep exploring

• Downtown Richmond · own from about $2,056/mo
• The Fan & VCU · own from about $1,987/mo
• Carytown & Museum District
• Northside & Highland Park
• Church Hill & East End
• All Richmond, VA neighborhoods
• Introducing LeaseLens: how the rent-vs-buy math actually works

Common questions

Can roommates buy together in Brandermill & Swift Creek?

Splitting a 2-bedroom two ways runs about $1,440 per person each month, while qualifying for the same home solo takes roughly $82,000 of annual income at the standard 36 percent lender cap.

Run it on your actual lease

These figures describe a typical renter. Upload your lease and LeaseLens computes the same comparison on your real rent, income, and savings, then watches the market for you.

Data updated September 14, 2026.

How these numbers are computed

Every figure comes from the same engine that powers the LeaseLens comparison, run over live inventory in 23112: rent medians from active rental listings, ownership costs from the engine's top-matched-homes construction, and the crossover year from its 30-year net worth projection. The reference buyer is a solo renter with good credit, a $100k income, 20 percent down, and cash covering the close. Your own lease and finances will move every number, which is what the full comparison is for.