Zumper
modified
Updated 5+ Days Ago

Highlights

  • On-street parking
  • Refrigerator provided
  • Private outside entrance
  • No smoking

Location

316 Richmond Ave, Richmond, IN 47374, USA
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Contact

Management

EB Real Estate

Leasing office

(937) 548-7368

Property Overview

316 Richmond Ave offers strong value, with a 7.9 Zumper Expert Rating, high scores for amenities and location, and competitive pricing for what it offers. It also stands out for its on-street parking, refrigerator provided, private outside entrance, no smoking policy, and proximity to highly rated elementary and middle schools.

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

7.9
Very Good
316 Richmond Ave is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Middle school nearby

Floor plans

Richmond, IN - Apartment - $450.00 Available March 20261 bed1 bath714 sqft$450 /mo1 unit availableUpstairs one bedroom apartment with private exterior entrance and a simple, comfortable space at an affordable monthly rent. The apartment features baseboard heat and includes a stove and refrigerator for tenant use. On-street parking is available. Rent ($450) plus water and trash ($50) equals a monthly payment of $500 and tenant is responsible for electric. No smoking and no pets permitted. Kitchen appliances are provided for tenant use; landlord does not guarantee repair or replacement of appliance. Visit www ebrealestateteam com rentals or email **** or call 937-548-7368 for more information.

Let's explore this property.

Amenities for 316 Richmond Ave

Apartment Amenities

All ElectricAll Electric Unit
BaseboardOff Street
Rent Includes Water

Appliances

Stove

Tech

Cable Ready
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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. Showings must be scheduled at www ebrealestateteam com rentals, ****, or 937-548-7368.


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.
7.9
/10
Very Good
316 Richmond Ave is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 316 Richmond Ave
Price·8A 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.
Scoring a 8/10, 316 Richmond Ave is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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 rent includes water. 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

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.2 miles away
Middle school nearby
There is a middle school 0.4 miles away

Considerations

Lacks images
Fewer than 5 photos available for this property

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Rent trends in Richmond

1-bedroom apartments at 316 Richmond Ave cost about 25% less than the average rent price for 1-bedroom apartments in Richmond.

Median rents as of Oct 3 2026.
Richmond
A table of 1-bedroom apartment rental data trends in Richmond
MonthMedian Rent
October 2024$612
November 2024$629
December 2024$565
January 2025$628
February 2025$638
March 2025$700
April 2025$684
May 2025$620
June 2025$597
July 2025$624
August 2025$639
September 2025$657
October 2025$670
November 2025$687
December 2025$627
January 2026$700
February 2026$710
March 2026$715
April 2026$730
May 2026$669
June 2026$656
July 2026$609
August 2026$610
September 2026$600
October 2026$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

$18,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $18,000 annually to afford this 1-bedroom monthly rent price of $450.
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

Preschool at Tri-Village High School

315 s main st

new madison, OH, 45346

PKPublic

Indiana Digital Learning School

8707 w us hwy 36

modoc, IN, 47358

K-6Public
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

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

5/10
Variety of shops within a short drive

Cafes

3/10
Some cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

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

6/10
Variety of bars within a short drive

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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