Bedroom count
Property type
Last updated on September 9, 2026
Average rent in
Richmond, IN
Average rent in
Last updated on September 9, 2026
Bedroom count
Property type
Median rent
Median rent in Richmond
$787/mo
5%vs previous year
The average rent in Richmond is $787 per month as of September 2026. This is 59% below the national average rent, or $1,112 less per month.
average price per square foot
Total rentals
Available rentals in Richmond
24
for rent on Zumper.com as of September 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 3% over the last month and have increased by 5% 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 $675, whereas a house costs $1,250. 1-bedroom apartments in Richmond run $600 on average, while 2-bedroom apartments are $750.
Listings | ||||
|---|---|---|---|---|
Studio | $610 | - | 2% | |
1 bedroom | $600 | No Change |  5% | |
2 bedroom | $800 | 4% | 2% | |
3 bedroom | $1,200 | 4% | 18% | |
4 bedroom | $1,795 | 1% | 110% |
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 | $675 | 3% | No Change | |
Condos | $660 | 3% | - | |
Houses | $1,250 | 8% | No Change |
Studio
Average rent
$610
Last year
2%
1 bedroom
Average rent
$600
Last 30 days
No Change
Last year
5%
2 bedroom
Average rent
$800
Last 30 days
4%
Last year
2%
3 bedroom
Average rent
$1,200
Last 30 days
4%
Last year
18%
4 bedroom
Average rent
$1,795
Last 30 days
1%
Last year
110%
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
$675
Last 30 days
3%
Condos
Average rent
$660
Last 30 days
3%
Houses
Average rent
$1,250
Last 30 days
8%
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
50%lower than the national median
Takeaway
The median rent for all rentals in Richmond, IN is 17% lower than the median rent in Cambridge City, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$950
28%$800
23%$1,020
2%$1,150
79%$1,675
2%$725
$1,375
17%$1,195
15%$1,200
15%$999
11%$1,114
9%$962
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 | 15% lower |
| Groceries | 2% lower |
| Health | 13% lower |
| Housing | 40% lower |
| Transportation | 1% lower |
| Utilities | 17% lower |
Discover rentals in Richmond, IN
4d ago
3001 W Cart Rd, Richmond, IN 47374
2–4 beds
2–4 baths
$475–$675
Apartment for rent
5d+ ago
Apartment for rent in Richmond
1916 Sw E St, Richmond, IN 47374
2 beds
1 bath
$675
Apartment for rent
Available Sep 1
5d+ ago
Apartment for rent in Richmond
3 beds
1 bath
$800
Apartment for rent
Available Oct 23
5d+ ago
Apartment for rent in Richmond
3 beds
1 bath
$990
Apartment for rent
5d+ ago
House for rent in Richmond
241 S 3rd St, Richmond, IN 47374
2 beds
1 bath
$1,350
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
5d+ ago
401 N 10th St, Richmond, IN 47374
1 bed
1 bath
$775
Apartment for rent
5d+ ago
Apartment for rent in Richmond
320 1/2 N 10th St, Richmond, IN 47374
1 bed
1 bath
$700
Apartment for rent
5d+ ago
401 N 10th St, Richmond, IN 47374
1 bed
1 bath
$775
Apartment for rent
1d ago
1300 S 18th St, Richmond, IN 47374
2–3 beds
2 baths
$975–$1,015
Apartment for rent
4d ago
1081 Woolman Dr, Richmond, IN 47374
2 beds
1 bath
$1,150
Apartment for rent
5d+ ago
4100 Royal Oak Dr, Richmond, IN 47374
2 beds
1 bath
$975
Apartment for rent
19h ago
222 S 12th St, Richmond, IN 47374
1 bed
1 bath
$575
Apartment for rent
4d ago
1081 Woolman Dr, Richmond, IN 47374
2 beds
1 bath
$1,150
Apartment for rent
5d+ ago
Townhouse for rent in Richmond
733 S 7th St, Richmond, IN 47374
3 beds
2 baths
$1,250
House for rent
Available Aug 25
5d+ ago
House for rent in Richmond
119 S 3rd St, Richmond, IN 47374
3 beds
1.5 baths
$1,295
House for rent
13h ago
809 1/2 N A St, Richmond, IN 47374
1 bed
1 bath
$475
Apartment for rent
22h ago
316 Richmond Ave, Richmond, IN 47374
1 bed
1 bath
$450
Apartment for rent
4d ago
3001 W Cart Rd, Richmond, IN 47374
2–4 beds
2 baths
$475–$675
Apartment for rent
5d+ ago
1300 S 18th St, Richmond, IN 47374
3 beds
2 baths
$1,015
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 $787 per month as of September 5, 2026.
Is rent up or down in Richmond?
Average rent prices in Richmond have decreased by 3% over the last month and have increased by 5% 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 $1,112 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?
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).