Midlothian, VA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Midlothian short-term rental market based on reliable data.

Listings

49 / 134

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$34,108

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$474,335

Median Home Sale Price

Top Earners

$136,146

Top-Earners Revenue

Midlothian

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Midlothian.

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B

Generally Investor friendly

Midlothian Regulations

Richmond allows STRs with clear rules, but requires a biennial permit ($600), detailed documentation, owner‑occupancy, and caps like one STR per lot and 8‑adult occupancy (plus building‑specific multifamily caps). The process is standardized and supported via a portal, making compliance moderate and predictable for investors.

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About Midlothian

Midlothian is an unincorporated community in Chesterfield County, Virginia, situated in the rolling Piedmont landscape southwest of the state capital. Spread across several ZIP codes, the greater Midlothian area is home to roughly 60,000–80,000 residents, making it one of the larger suburban communities in the Richmond metropolitan region. The area has a comfortable, family-oriented suburban character, anchored by tree-lined residential neighborhoods, well-regarded public schools, and a growing mix of restaurants, breweries, and retail centers along Midlothian Turnpike and Route 288. Midlothian is best known as the site of some of the earliest commercial coal mining in the United States, and today it functions as a popular residential base for commuters working in Richmond and as a gateway to outdoor recreation in the surrounding region. Downtown Richmond is approximately 12 miles to the northeast, typically a 20- to 25-minute drive depending on traffic.

A short drive from the heart of Midlothian, Mid-Lothian Mines Park preserves the area's most distinctive piece of local history. The park sits on the grounds of what was once the Midlothian Coal Mining Company, active in the 18th and 19th centuries, and features a network of paved and natural-surface trails, interpretive signage, and ruins from the mining era. Visitors can walk past the old mine shafts and enjoy a quiet green space just minutes from suburban Midlothian, making it a quick and educational stop for travelers interested in Virginia's industrial past.

About ten miles southeast of Midlothian, Pocahontas State Park offers a substantial escape into nature without leaving Chesterfield County. Encompassing nearly 8,000 acres of forest, meadows, and the 72-acre Swift Creek Lake, the park draws visitors for miles of hiking and biking trails, paddling, a swimming pool complex, and family-friendly campgrounds. It is roughly a 15- to 20-minute drive from central Midlothian, making it a natural day-trip option for short-term rental guests looking for hiking, picnicking, or a peaceful evening by the water.

For travelers interested in the broader cultural offerings of the region, downtown Richmond lies just a short drive northeast and adds a wealth of museums, historic neighborhoods, the James River riverfront, and the Virginia State Capitol to any itinerary. Closer to home, the James River itself passes through southern Chesterfield County within about 15 minutes of Midlothian, where public landings such as Robious Landing provide access for kayaking, fishing, and riverside walks.

Midlothian's appeal as a short-term rental base lies in this combination of suburban comfort and accessibility. Guests can stay in a quiet, well-served residential community while remaining within easy reach of Richmond's urban amenities, the outdoor recreation of Pocahontas State Park, and the scenic James River corridor, all of which make the area versatile for both weekend getaways and longer regional visits.

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