Highlights
New Construction
Nearby rentals
Renter hub
Property management
Apartment Amenities
| Air Conditioning | Central Heat |
| Dryer | Heating |
| Linen Closet | Mirrors |
| Private Patio | Vinyl Floors |
| Walk-in Closet | Washer |
| Window Coverings |
Appliances
| In-Unit Laundry | Microwave |
| Range | Refrigerator |
Building
| Controlled Access |
Grounds
| Courtyard | Gate |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
These units are part of the Project-Based Vouchers (PBV) Program, meaning that rent is determined based on the tenant's income. This ensures that housing remains affordable for those who qualify. The Richmond is an affordable apartment community situated in the Russell neighborhood, just minutes from downtown. The newly constructed property, built in 2025, features three stories and offers 15 units, including spacious 1- and 2-bedroom living options. The modern open floor plan comes with granite countertops, stainless steel appliances, in-unit laundry, walk-in closets, and private patio spaces for each unit. The Richmond offers controlled access entry and features on-site security cameras with 24/7 monitoring, providing residents with peace of mind and enhanced security in their living environment. Smart Wi-Fi Enabled Locks. Private and on-street parking. No Pets Policy. Income-restricted at 50% of AMI, which is currently: 1 person: $33,850; 2 person $38,650; 3-person $43,500; 4-person $48,300.
| Neighborhood | Russell |
|---|---|
| Zip code | 40203 |
| Type | Apartment for rent |
1-bedroom apartments at 1622 W Market St #103 cost about 1% more than the average rent price for 1-bedroom apartments in Russell.
| Month | Median Rent |
|---|---|
| February 2024 | $1,025 |
| March 2024 | $1,032 |
| April 2024 | $1,099 |
| May 2024 | $1,086 |
| June 2024 | $1,101 |
| July 2024 | $1,136 |
| August 2024 | $1,125 |
| September 2024 | $1,117 |
| October 2024 | $1,118 |
| November 2024 | $1,114 |
| December 2024 | $1,097 |
| January 2025 | $1,089 |
| February 2025 | $1,088 |
| March 2025 | $1,026 |
| April 2025 | $1,028 |
| May 2025 | $1,050 |
| June 2025 | $1,058 |
| July 2025 | $1,069 |
| August 2025 | $1,075 |
| September 2025 | $1,092 |
| October 2025 | $1,057 |
| November 2025 | $1,072 |
| December 2025 | $1,075 |
| January 2026 | $1,087 |
| Month | Median Rent |
|---|---|
| February 2024 | $625 |
| March 2024 | $637 |
| July 2024 | $888 |
| August 2024 | $865 |
| September 2024 | $888 |
| October 2024 | $869 |
| November 2024 | $871 |
| December 2024 | $850 |
| January 2025 | $777 |
| February 2025 | $706 |
| March 2025 | $704 |
| April 2025 | $699 |
| May 2025 | $721 |
| June 2025 | $713 |
| July 2025 | $782 |
| August 2025 | $900 |
| September 2025 | $885 |
| October 2025 | $891 |
| November 2025 | $850 |
| December 2025 | $939 |
| January 2026 | $956 |
Can I afford to live at 1622 W Market St #103?
Bedrooms
1 bedroomRent-to-income ratio
30%
$38,600/yr
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