Last updated on November 1, 2026

Average rent in
Richmond, IL

Median rent

Median rent in Richmond

$1,995/mo

increased by63%

vs previous year

The average rent in Richmond is $1,995 per month as of October 2026. This is 5% above the national average rent, or $95 more per month.

$1.85

average price per square foot

Total rentals

Available rentals in Richmond

10

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Richmond rentals at each price point

55%41%28%14%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Richmond, IL, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Richmond, IL

Average rent prices in Richmond have decreased by 21% over the last month and have increased by 63% 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, IL

Rent prices in Richmond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond is $1,700, whereas a house costs $2,575. 1-bedroom apartments in Richmond run $1,300 on average, while 2-bedroom apartments are $1,750.

Listings

Studio

$1,078

-

21%

1 bedroom

$1,300

8%

8%

2 bedroom

$1,750

No Change

18%

3 bedroom

$2,675

-

-

4 bedroom

$2,750

No Change

-

Studio

Average rent

$1,078

Last year

21%

1 bedroom

Average rent

$1,300

Last 30 days

8%

Last year

8%

2 bedroom

Average rent

$1,750

Last year

18%

3 bedroom

Average rent

$2,675

4 bedroom

Average rent

$2,750

The table above reflects average rent prices in Richmond, IL, 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, IL compare to other cities?

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

Richmond

Median rent price$1,995
increased by5%

higher than the national median

Median rent price$1,399
decreased by26%

lower than the national median

Takeaway

The median rent for all rentals in Richmond, IL is 43% higher than the median rent in Delavan, WI.

Discover rentals in Richmond, IL

350 Cunat Blvd #2B - Photo 1 of 1

5d+ ago

Condo for rent in Richmond

350 Cunat Blvd #2B, Richmond, IL 60071

1 bed

1 bath

$1,350

Price dropped $100Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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, IL

Quick answers to common questions about the Richmond rental market.

How much is rent in Richmond?

The average rent in Richmond is $1,995 per month as of October 31, 2026.

Is rent up or down in Richmond?

Average rent prices in Richmond have decreased by 21% over the last month and have increased by 63% since last year.

How does Richmond rent compare to the national average?

Rent in Richmond is 5% above the national average, which means renters are paying approximately $95 more per month.

What salary do I need to afford rent in Richmond?

To comfortably afford rent in Richmond, you'd need to earn approximately $80,000/year, based on spending no more than 30% of your income on rent.

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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