Zumper
modified
6 Hours Ago

Highlights

  • Private entrance
  • Washer/dryer hookups
  • Spacious kitchen
  • On-street parking
  • No smoking
  • Covered front porch

Location

316 Richmond Ave, Richmond, IN 47374, USA
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Tour 316 Richmond Ave

Contact

Management

EB Real Estate

Leasing office

(937) 548-7368

Property Overview

316 Richmond Ave receives a strong Zumper expert rating of 8.5, highlighting its appeal for renters, complemented by a perfect price rating of 10, indicating excellent value for its competitive pricing. It features notable amenities, including a spacious kitchen and private entrance, enhanced by its favorable location just minutes from top-rated schools. Additionally, it ranks in the 83.33 percentile for value per square foot, underscoring its attractive living standards.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 316 Richmond Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 316 Richmond Ave has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • More space
  • Middle school nearby

Floor plans

Richmond, IN - Apartment - $625.00 Available August 20251 bed1 bath894 sqft$625 /mo1 unit availableThis well-kept downstairs apartment offers comfort and character in an established neighborhood just minutes from downtown Richmond. With a private entrance and pleasing layout, this unit is nice for anyone seeking a comfortable and convenient place to call home. Apartment features include one generously-sized bedroom, full bathroom with tub/shower combo, spacious kitchen, private entry on covered front porch, washer/dryer hookups in separate utility room, and access to a shared back yard. This tenant is responsible for mowing and lawn maintenance. Tenant pays electric and a $75 per month water/trash utility charge. No smoking. No pets. On-street parking is available.

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Amenities for 316 Richmond Ave

Apartment Amenities

All ElectricAll Electric Unit
BaseboardOff Street
Rent Includes WaterWasher/Dryer Hookups

Appliances

In-Unit Laundry

Tech

Cable Ready

Grounds

Outdoor Space
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

No pets allowed.

Building details

Property details

Year built1900
Units1
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About 316 Richmond Ave

HomeApartments in Richmond 316 Richmond Ave

1 bedroom apartments. (1 upstairs and 1 downstairs.) Tenants pay electric and $75/ month water/trash utility charge.


Year Built: 1900

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 316 Richmond Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 316 Richmond Ave has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 316 Richmond Ave
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
316 Richmond Ave offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
316 Richmond Ave goes above and beyond to provide sought-after conveniences and desirable perks, including outdoor space. Renters looking for popular or luxurious features will find them here—and for that reason, 316 Richmond Ave receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
316 Richmond Ave is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 316 Richmond Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
316 Richmond Ave provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 316 Richmond Ave compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 1-bedroom is 144 sqft larger than other listings nearby
Middle school nearby
There is a middle school 0.4 mile away
Outdoor space
Easy access to the outdoors

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Richmond

1-bedroom apartments at 316 Richmond Ave cost about 6% less than the average rent price for 1-bedroom apartments in Richmond.

Median rents as of Jul 13 2024.
Richmond
A table of studio rental data trends in Richmond
MonthMedian Rent
June 2024$600
July 2024$600

Affordability calculator

Can I afford to live at 316 Richmond Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$25,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $25,000 annually to afford this 1-bedroom monthly rent price of $625.
For more information on rent affordability, visit our rent calculator.

Schools near 316 Richmond Ave

Community Youth Services

315 nw 3rd st

richmond, IN, 47374

K-12Public

Fairview Elementary School

60 nw 'l' st

richmond, IN, 47374

PK, K-4Public
C
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Internet available near 316 Richmond Ave

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Richmond near 316 Richmond Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 316 Richmond Ave, Richmond

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

2/10
Some shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 316 Richmond Ave

Needler's Fresh Market
501 National Rd W
Meijer
2507 Chester Blvd
Walmart Supercenter
3601 E Main St
Kroger
3701 National Rd E
Save-A-Lot
3775 National Rd E

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