Bedroom count
Property type
Last updated on June 10, 2026
Average rent in
Richmond, IN
Average rent in
Last updated on June 10, 2026
Bedroom count
Property type
Median rent
Median rent in Richmond
$795/mo
6%vs previous year
The average rent in Richmond is $795 per month as of June 2026. This is 59% below the national average rent, or $1,155 less per month.
average price per square foot
Total rentals
Available rentals in Richmond
20
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Richmond rentals at each price point
Rent trends in Richmond, IN
Average rent prices in Richmond have decreased by 8% over the last month and have increased by 6% 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, IN
Rent prices in Richmond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond is $725, whereas a house costs $1,375. 1-bedroom apartments in Richmond run $675 on average, while 2-bedroom apartments are $725.
Listings | ||||
|---|---|---|---|---|
Studio | $610 | 2% | 6% | |
1 bedroom | $682 | 1% | 12% | |
2 bedroom | $725 |  6% | 5% | |
3 bedroom | $1,200 | 7% | 1% | |
4 bedroom | $525 | No Change | No Change |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Richmond, IN.
Listings | ||||
|---|---|---|---|---|
Apartments | $725 | 1% | No Change | |
Condos | $1,050 | 38% | - | |
Houses | $1,375 | 5% | No Change |
Studio
Average rent
$610
Last 30 days
2%
Last year
6%
1 bedroom
Average rent
$682
Last 30 days
1%
Last year
12%
2 bedroom
Average rent
$725
Last 30 days
6%
Last year
5%
3 bedroom
Average rent
$1,200
Last 30 days
7%
Last year
1%
4 bedroom
Average rent
$525
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Richmond, IN.
Apartments
Average rent
$725
Last 30 days
1%
Condos
Average rent
$1,050
Last 30 days
38%
Houses
Average rent
$1,375
Last 30 days
5%
The table above reflects average rent prices in Richmond, IN, 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, IN compare to other cities?
Compare median rent prices in Richmond and Cambridge City by all bedroom counts and property types.
Richmond
59%lower than the national median
65%lower than the national median
Takeaway
The median rent for all rentals in Richmond, IN is 16% higher than the median rent in Cambridge City, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$685
5%$835
19%$1,050
4%$1,250
34%$1,500
27%$822
15%$1,350
9%$1,268
16%$1,100
6%$950
4%$961
6%$1,050
9%Cost of living in Richmond, IN
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 13% lower |
| Groceries | 5% lower |
| Health | 19% lower |
| Housing | 38% lower |
| Transportation | 2% lower |
| Utilities | 18% lower |
Discover rentals in Richmond, IN
1d ago
House for rent in Richmond
1908 N E St, Richmond, IN 47374
4 beds
2 baths
$408
House for rent
Available Jun 10
5d+ ago
3001 W Cart Rd, Richmond, IN 47374
2–4 beds
2–4 baths
$475–$675
Apartment for rent
2h ago
209 N 16th St, Richmond, IN 47374
2 beds
1 bath
$675
Apartment for rent
5d+ ago
824 S 6th St, Richmond, IN 47374
2 beds
1 bath
$720
House for rent
Available Jun 10
5d+ ago
House for rent in Richmond
3 beds
2 baths
$1,725
House for rent
5d+ ago
House for rent in Richmond
300 S 3rd St, Richmond, IN 47374
3 beds
1.5 baths
$1,625
House for rent
5d+ ago
House for rent in Richmond
337 Sw 3rd St, Richmond, IN 47374
2 beds
1.5 baths
$1,275
House for rent
3d ago
227 S 2nd St, Richmond, IN 47374
2 beds
1 bath
$1,075
Apartment for rent
6h ago
401 N 10th St, Richmond, IN 47374
1–2 beds
1 bath
$775–$895
Apartment for rent
2h ago
209 N 16th St, Richmond, IN 47374
2 beds
1 bath
$675
Apartment for rent
14h ago
1300 S 18th St, Richmond, IN 47374
2–3 beds
2 baths
$975–$1,015
Apartment for rent
1d ago
House for rent in Richmond
1908 N E St, Richmond, IN 47374
4 beds
2 baths
$408
House for rent
Available Jun 10
5d+ ago
Apartment for rent in Richmond
527 N 17th St, Richmond, IN 47374
2 beds
1 bath
$725
Apartment for rent
Available May 8
5d+ ago
Apartment for rent in Richmond
517 N 21st St, Richmond, IN 47374
1 bed
1 bath
$675
Apartment for rent
Available May 2
5d+ ago
House for rent in Richmond
236 S 3rd St, Richmond, IN 47374
3 beds
2 baths
$1,500
House for rent
5d+ ago
222 S 12th St, Richmond, IN 47374
1 bed
1 bath
$575
Apartment for rent
2h ago
209 N 16th St, Richmond, IN 47374
2 beds
1 bath
$675
Apartment for rent
14h ago
1300 S 18th St, Richmond, IN 47374
3 beds
2 baths
$1,015
Apartment for rent
4d ago
Condo for rent in Richmond
211 N 20th St, Richmond, IN 47374
2 beds
2 baths
$1,000
Condo for rent
Available Jun 1
5d+ ago
222 S 12th St, Richmond, IN 47374
1 bed
1 bath
$575
Apartment for rent
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, IN
Quick answers to common questions about the Richmond rental market.
How much is rent in Richmond?
The average rent in Richmond is $795 per month as of June 6, 2026.
Is rent up or down in Richmond?
Average rent prices in Richmond have decreased by 8% over the last month and have increased by 6% since last year.
How does Richmond rent compare to the national average?
Rent in Richmond is 59% below the national average, which means renters are paying approximately $1,155 less per month.
What salary do I need to afford rent in Richmond?
To comfortably afford rent in Richmond, you'd need to earn approximately $32,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Richmond?
Richmond apartment rents in 2025 average around $670 per month for one-bedroom units and around $830 monthly for two-bedroom apartments. These figures reflect the current market conditions across different apartment sizes in the city.
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).