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Apartments in Richmond

1 - 17 of 17 Results
1
Fountain City Apartments Apartment for rent in Richmond, IN
$865
Fountain City Apartments
300 Fountain Ave Richmond, IN
2 BR | Jun. 20, 2025
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Dog Friendly
Cat Friendly
1
4924 US 35 North Apartment for rent in Richmond, IN
$725 - 875
4924 US 35 North
Richmond, IN
1 - 2 BR | Jul. 1, 2025
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Dog Friendly
Cat Friendly
6
Historic Apartment Building Apartment for rent in Richmond, IN
$595
Historic Apartment Building
214 S 4th St Richmond, IN
1 BR | Ask for Availability
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In Unit Laundry
2
Richmond Flats Apartment for rent in Richmond, IN
$475 - 650
Richmond Flats
3001 W Cart Rd Richmond, IN
2 - 4 BR | Available Now
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Storage
25
Spacious Historic Home On Quiet Street Apartment for rent in Richmond, IN
$1,295
Spacious Historic Home On Quiet Street
119 S 3rd St Richmond, IN
3 BR | Ask for Availability
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House
In Unit Laundry
Dishwasher
1
Fenced Backyard Apartment for rent in Richmond, IN
$1,500
Fenced Backyard
258 SW 2Nd St Richmond, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
1
Royal Oaks Apartments Apartment for rent in Richmond, IN
$900
Royal Oaks Apartments
4100 Royal Oaks Dr Richmond, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
2
Reeveston Townhouses Apartment for rent in Richmond, IN
$985
Reeveston Townhouses
49-57 S 21St St Richmond, IN
2 BR | Ask for Availability
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1
Large, Beautiful Home North Of Richmond Apartment for rent in Richmond, IN
$2,500
Large, Beautiful Home North Of Richmond
1102 Highland Rd Richmond, IN
3 BR | Available Now
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House
Dishwasher
2
Historic Apartment Building Near Earlham College Apartment for rent in Richmond, IN
$535
Historic Apartment Building Near Earlham College
314 S 4Th St Richmond, IN
1 BR | Ask for Availability
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In Unit Laundry
Dishwasher
13
Atlas Apartments Apartment for rent in Richmond, IN
$750 - 775
Atlas Apartments
401 N 10th St Richmond, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
15
9 North Apartments Apartment for rent in Richmond, IN
$750 - 1,030
9 North Apartments
2.2
210 N 9Th St Richmond, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Dishwasher
19
8th & Main Apartment for rent in Richmond, VA
$1,249 - 1,629
8th & Main
800 E. Main Street Richmond, VA
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
38
Annex Of Richmond Apartment for rent in Richmond, IN
$439 - 540
PER
BED
Annex Of Richmond
3001 West Cart Rd Richmond, IN
2 - 4 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Student
Air Conditioning
12
300 - Park Ridge Commons Apartments Apartment for rent in Richmond, IN
$795
300 - Park Ridge Commons Apartments
4700 S A St Richmond, IN
1 BR | Available Now
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6
Superbly Maintained Reeveston Double Apartment for rent in Richmond, IN
$695
Superbly Maintained Reeveston Double
69 And 69 1/2 S. 17Th Street Richmond, IN
2 BR | Ask for Availability
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1
200 - Winding Ridge Apartments Apartment for rent in Richmond, IN
$700
200 - Winding Ridge Apartments
Winding Ridge Dr Richmond, IN
2 BR | Available Now
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1 - 17 of 17 Results
  1. Home
  2. Richmond

How much does it cost to rent an apartment in Richmond?

Richmond Apartments
Bed Type Average Rent Range
1BR $1,480 $550 - $1,620
2BR $870 $650 - $980
3BR $1,400 $1,030 - $2,500
4+BR $530 $480 - $580
Frequently Asked Questions

How many apartments are available in Richmond, IN on Rentable.co?

Rentable.co has over 445 apartments available in Richmond.

What is the average rent for a one-bedroom apartment in Richmond, IN?

The average rent for a one-bedroom apartment in Richmond is around $1,480 per month.

What is the average rent for a two-bedroom apartment in Richmond, IN?

The average rent for a two-bedroom apartment in Richmond is around $870 per month.

How expensive is it to rent an apartment in Richmond, IN?

For a two-bedroom apartment in Richmond, the average rent price is $870 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Richmond, IN?

Based on average rent prices in Richmond, to afford a one-bedroom apartment you would need an annual household income of $59,000 to live comfortably.

Search Cities Near Richmond, IN

Connersville, IN
Oxford, OH
Greenville, OH

Campuses Nearby

Indian University East

Richmond:
May Rent Report

Welcome to the May 2025 Richmond Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 key findings and figures for the Richmond rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Richmond and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Richmond average rent prices in the chart below.

Monthly Rent Report

$1,600
$1,200
$800
$400
$0
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
1 BR       2 BR

Richmond Rent Prices Decrease From April to May

Richmond rent prices decreased over the last month. From April to May, the city experienced a -4.23% decrease for the price of a one-bedroom apartment. The rent price for a Richmond one-bedroom apartments currently stands at $1,269.0.

When we take a look at the two-bedroom comparison from April to May, Richmond experienced a -1.98% decrease for the price of a two-bedroom apartment. The rent price for a Richmond two-bedroom apartments currently stands at $840.0.

May Prices: Richmond vs. Surrounding Areas

Rent Prices in Richmond and Surrounding Areas

Rent prices have decreased in Richmond over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Richmond suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Richmond suburbs

  • Rents did not decrease in any of the Richmond suburbs.

May 2025 Pricing Trends: Richmond vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,098
$3,173
$2,343
$2,342
$1,887
$1,310
$1,243
$1,230
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Richmond Rent Prices More Affordable Than Major Cities

Rent growth in Richmond over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Richmond average rent prices appear to be relatively affordable for local residents.

The price for a Richmond one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Richmond and surrounding area rent prices, take a look at the complete data set below.

Data set for Richmond and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Richmond Apartments
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