Rent vs buy in Lakeside & Bellevue

Richmond, VA · ZIP 23227 · computed from 35 active listings within about 1.5 miles on September 14, 2026

The market right now

• 1-bedroom: $995/mo median rent
• 2-bedroom: $1,650/mo median rent
• 3-bedroom: $2,295/mo median rent

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

35 homes actively for sale within about 1.5 miles, spanning 1 1-bed, 3 2-bed, 25 3-bed, 4 4-bed, 2 5-bed. 35 of them sit inside 23227 itself.

Rent medians over 40 active rental listings in 23227.

What buying takes

• 3-bedroom: $374,900 median list price (market context, not the basis)

1-bedroom, 2-bedroom, 4-bedroom, and 5-bedroom list prices are not shown: fewer than 5 active listings, too few to publish a median from.

All-in monthly to own: $2,446 for a 3-bedroom - mortgage, taxes, insurance, maintenance, and any HOA carried.

Only one matching 1-bedroom home is for sale here right now, not enough to model a reliable market price, so we are not quoting one. It is in the listings below. Only two matching 2-bedroom homes are for sale here right now, too few to model a reliable market price, so we are not quoting one. They are in the listings below.

On the market in Lakeside & Bellevue

The engine's own top matches for a typical renter here; each cash-to-close is 20 percent down plus closing on that home's price.

Lakeside rent is the lowest here. The buy side is unpriced.

$995 a month is the median one-bedroom rent in 23227, the lowest of any neighborhood mapped on this site. A low rent changes the arithmetic of waiting: there is less monthly penalty to renting here than almost anywhere else in the region.

35 homes are on the market inside the ZIP and 35 within about 1.5 miles. The one-bedroom portion is too thin to build a defensible price from, so no matched purchase figure is stated above.

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

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 23227: 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.