Last updated on August 10, 2026

Average rent in
Richmond, BC

Key takeaways for renters

  • The bottom line

    Richmond, BC rent rose 2.0% year over year to a current median of $2,650/month. This reflects a modest increase compared to last year without conflicting dollar changes reported in the source data.

  • Richmond runs 37.7% more expensive than the $1,925/month national median, placing it among pricier Canadian metros with a total of 111 total rentals available.

  • Price ranges

    Studios in Richmond rent for $1,690/month, 1-bedrooms for $1,998/month, and 2-bedrooms for $2,800/month, with 3-bedrooms at $3,600/month and 4+ bedrooms at $4,000/month. Apartments average $2,550/month while houses are higher at $3,200/month, reflecting the city's varied inventory.

  • Neighborhood spotlight

    Lackner rents fell 63.7% year over year to $2,250/month across 21 rentals, a larger decline compared to the citywide 2.0% rise. Ironwood saw rents climb 26.7% year over year to $2,850/month, showing significant local variation within Richmond.

Median rent

Median rent in Richmond

$2,650/mo

increased by2%

vs previous year

The average rent in Richmond is $2,650 per month as of August 2026. This is 38% above the national average rent, or $725 more per month.

$2.80

average price per square foot

Total rentals

Available rentals in Richmond

111

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Richmond rentals at each price point

60%45%30%15%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Richmond, BC

Average rent prices in Richmond have decreased by 2% over the last month and have increased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Richmond, BC

Rent prices in Richmond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond is $2,550, whereas a house costs $3,200. 1-bedroom apartments in Richmond run $2,000 on average, while 2-bedroom apartments are $2,800.

Listings

Studio

$1,690

20%

7%

1 bedroom

$1,997

1%

8%

2 bedroom

$2,800

1%

2%

3 bedroom

$3,600

2%

1%

4 bedroom

$4,000

7%

17%

Studio

Average rent

$1,690

Last 30 days

20%

Last year

7%

1 bedroom

Average rent

$1,997

Last 30 days

1%

Last year

8%

2 bedroom

Average rent

$2,800

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$3,600

Last 30 days

2%

Last year

1%

4 bedroom

Average rent

$4,000

Last 30 days

7%

Last year

17%

The table above reflects average rent prices in Richmond, BC, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Richmond, BC compare to other cities?

Compare median rent prices in Richmond and Blaine by all bedroom counts and property types.

Richmond

Median rent price$2,650
increased by38%

higher than the national median

Median rent price$2,390
increased by24%

higher than the national median

Takeaway

The median rent for all rentals in Richmond, BC is 11% higher than the median rent in Blaine, WA.

Discover rentals in Richmond, BC

8000 Minler Rd - Photo 1 of 1

5d+ ago

Apartment for rent in Richmond

Apartment for rent

Available May 21

Carlton Park Gardens Apartments - Photo 1 of 1
Rent special

3d ago

9.4

Excellent

Carlton Park Gardens Apartments

10951 Mortfield Rd, Richmond, BC V7A 2W5

1–3 beds

1 bath

$1,895–$2,985

Apartment for rent

Available Jun 1

7233 Heather St #18 - Photo 1 of 1

4d ago

McLennan South townhouse for rent in Richmond

House for rent

8700 Ackroyd Rd #203 - Photo 1 of 1

5d+ ago

Lansdowne Village apartment for rent in Richmond

Apartment for rent

Available Aug 10

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Richmond, BC

Quick answers to common questions about the Richmond rental market.

How much is rent in Richmond?

The average rent in Richmond is $2,650 per month as of August 8, 2026.

Is rent up or down in Richmond?

Average rent prices in Richmond have decreased by 2% over the last month and have increased by 2% since last year.

How does Richmond rent compare to the national average?

Rent in Richmond is 38% above the national average, which means renters are paying approximately $725 more per month.

Which neighborhoods are most affordable in Richmond?

The most affordable neighborhoods in Richmond are St Albans ($2,400/mo), South Arm ($2,445/mo), and Moffatt ($2,575/mo).

What salary do I need to afford rent in Richmond?

To comfortably afford rent in Richmond, you'd need to earn approximately $106,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Richmond?

Based on Zumper's July 2026 data, one-bedroom apartments in Richmond average around $2,070/month and two-bedrooms approximately $2,720/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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