Bedroom count
Property type
Last updated on October 24, 2026
Average rent in
Richmond, IN
Average rent in
Last updated on October 24, 2026
Bedroom count
Property type
Median rent
Median rent in Richmond
$900/mo
20%vs previous year
The average rent in Richmond is $900 per month as of October 2026. This is 53% below the national average rent, or $1,000 less per month.
average price per square foot
Total rentals
Available rentals in Richmond
20
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Richmond rentals at each price point
Rent trends in Richmond, IN
Average rent prices in Richmond have increased by 9% over the last month and have increased by 20% 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 $700, whereas a house costs $1,200. 1-bedroom apartments in Richmond run $700 on average, while 2-bedroom apartments are $797.
Listings | ||||
|---|---|---|---|---|
Studio | $610 | - | 3% | |
1 bedroom | $700 | No Change | No Change | |
2 bedroom | $947 |  3% | 26% | |
3 bedroom | $1,175 | No Change | 9% | |
4 bedroom | $1,150 | 7% | 38% |
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 | $700 | 7% | 3% | |
Condos | $972 | No Change | - | |
Houses | $1,200 | No Change | 10% |
Studio
Average rent
$610
Last year
3%
1 bedroom
Average rent
$700
2 bedroom
Average rent
$947
Last 30 days
3%
Last year
26%
3 bedroom
Average rent
$1,175
Last year
9%
4 bedroom
Average rent
$1,150
Last 30 days
7%
Last year
38%
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
$700
Last 30 days
7%
Last year
3%
Condos
Average rent
$972
Houses
Average rent
$1,200
Last year
10%
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
53%lower than the national median
50%lower than the national median
Takeaway
The median rent for all rentals in Richmond, IN is 5% lower than the median rent in Cambridge City, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$945
$775
13%$1,000
$1,100
96%$1,350
7%$800
13%$1,397
8%$1,170
$1,100
8%$999
11%$1,000
$950
13%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 | 14% lower |
| Groceries | 2% lower |
| Health | 13% lower |
| Housing | 37% lower |
| Transportation | 3% lower |
| Utilities | 17% lower |
Discover rentals in Richmond, IN
1d ago
House for rent in Richmond
4711 National Rd E, Richmond, IN 47374
Studio
0 baths
$300
Fees 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.House for rent
15h ago
3001 W Cart Rd, Richmond, IN 47374
2–4 beds
2–4 baths
$525–$685
Fees 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.Apartment for rent
5d+ ago
Apartment for rent in Richmond
127 1/2 Sw 9th St, Richmond, IN 47374
2 beds
1 bath
$525
Fees 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.Apartment for rent
5d+ ago
Apartment for rent in Richmond
1916 Sw E St #1916, Richmond, IN 47374
2 beds
1 bath
$750
Fees 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.Apartment for rent
5d+ ago
House for rent in Richmond
3 beds
2.5 baths
$2,350
Price dropped $150Fees 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.House for rent
5d+ ago
House for rent in Richmond
301 S 4th St, Richmond, IN 47374
2 beds
2 baths
$1,550
Fees 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.House for rent
4d ago
320 S 4th St, Richmond, IN 47374
2 beds
1 bath
$1,300
Fees 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.Condo for rent
5d+ ago
House for rent in Richmond
241 S 3rd St, Richmond, IN 47374
2 beds
1 bath
$1,245
Fees 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.House for rent
2d ago
401 N 10th St, Richmond, IN 47374
1–2 beds
1 bath
$775–$950
Fees 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.Apartment for rent
20h ago
1300 S 18th St, Richmond, IN 47374
3 beds
2 baths
$1,015
Fees 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.Apartment for rent
4d ago
320 S 4th St, Richmond, IN 47374
2 beds
1 bath
$1,300
Fees 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.Condo for rent
4d ago
230 Kinsey St, Richmond, IN 47374
1 bed
1 bath
$700
Fees 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.Apartment for rent
5h ago
70 S 18th St, Richmond, IN 47374
2 beds
1 bath
$825
Fees 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.Apartment for rent
3d ago
Townhouse for rent in Richmond
735 S 7th St, Richmond, IN 47374
3 beds
1.5 baths
$1,200
Fees 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.House for rent
Available Oct 20
4d ago
320 S 4th St, Richmond, IN 47374
2 beds
1 bath
$1,300
Fees 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.Condo for rent
5d+ ago
House for rent in Richmond
241 S 3rd St, Richmond, IN 47374
2 beds
1 bath
$1,245
Fees 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.House for rent
5h ago
70 S 18th St, Richmond, IN 47374
2 beds
1 bath
$825
Fees 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.Apartment for rent
15h ago
3001 W Cart Rd, Richmond, IN 47374
4 beds
4 baths
$615
Fees 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.Apartment for rent
20h ago
1300 S 18th St, Richmond, IN 47374
3 beds
2 baths
$1,015
Fees 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.Apartment for rent
3d ago
Apartment for rent in Richmond
203 1/2 S 6th St #1, Richmond, IN 47374
1 bed
1 bath
$550
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 13
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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 $900 per month as of October 17, 2026.
Is rent up or down in Richmond?
Average rent prices in Richmond have increased by 9% over the last month and have increased by 20% since last year.
How does Richmond rent compare to the national average?
Rent in Richmond is 53% below the national average, which means renters are paying approximately $1,000 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 $36,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Richmond?
January offers the lowest rental prices in Richmond, running about 14% cheaper than April's peak rates. Timing your search for winter months could help you save compared to spring apartment hunting.
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).