Bedroom count
Property type
Last updated on September 7, 2026
Average rent in
Richmond, KY
Average rent in
Last updated on September 7, 2026
Bedroom count
Property type
Key takeaways for renters
Where Richmond rent stands today
Richmond, KY rent climbed 2.2% year over year to a current median of $1,150/month, with renters paying $138 less per month on average than last year. Month over month, rent slipped 3.0%, reflecting a recent softening after a peak of $1,275/month two months ago.
Compared to national trends
Richmond sits 39.5% more affordable than the $1,900/month national median, offering a lower-cost rental market with 127 total rentals across the city.
Rent ranges by bedroom
Studios in Richmond run around $315/month, 1-bedrooms around $750/month, 2-bedrooms around $965/month, 3-bedrooms around $1,525/month, and 4+ bedrooms around $2,325/month. These figures show the range renters face by bedroom count.
Price ranges
Houses and apartments split Richmond's rental market evenly, each making up 49.5% of total rentals. Median rents are $1,650/month for houses and $950/month for apartments, showing a price difference by property type.
Median rent
Median rent in Richmond
$1,150/mo
2%vs previous year
The average rent in Richmond is $1,150 per month as of September 2026. This is 39% below the national average rent, or $750 less per month.
average price per square foot
Total rentals
Available rentals in Richmond
127
for rent on Zumper.com as of September 2026
Rent price distribution
Share of Richmond rentals at each price point
Rent trends in Richmond, KY
Average rent prices in Richmond have decreased by 3% 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, KY
Rent prices in Richmond vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Richmond is $950, whereas a house costs $1,650. 1-bedroom apartments in Richmond run $750 on average, while 2-bedroom apartments are $950.
Listings | ||||
|---|---|---|---|---|
Studio | $315 | 24% |  16% | |
1 bedroom | $750 | 1% | 4% | |
2 bedroom | $965 | 3% | 5% | |
3 bedroom | $1,525 | 1% | 10% | |
4 bedroom | $2,325 | No Change | 10% |
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, KY.
Listings | ||||
|---|---|---|---|---|
Apartments | $950 | 4% | No Change | |
Condos | $1,400 | 13% | - | |
Houses | $1,650 | 1% | No Change |
Studio
Average rent
$315
Last 30 days
24%
Last year
16%
1 bedroom
Average rent
$750
Last 30 days
1%
Last year
4%
2 bedroom
Average rent
$965
Last 30 days
3%
Last year
5%
3 bedroom
Average rent
$1,525
Last 30 days
1%
Last year
10%
4 bedroom
Average rent
$2,325
Last 30 days
No Change
Last year
10%
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, KY.
Apartments
Average rent
$950
Last 30 days
4%
Condos
Average rent
$1,400
Last 30 days
13%
Houses
Average rent
$1,650
Last 30 days
1%
The table above reflects average rent prices in Richmond, KY, 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, KY compare to other cities?
Compare median rent prices in Richmond and Berea by all bedroom counts and property types.
Richmond
39%lower than the national median
46%lower than the national median
Takeaway
The median rent for all rentals in Richmond, KY is 12% higher than the median rent in Berea, KY.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,025
15%$1,000
5%$927
16%$1,872
8%$935
20%$1,300
6%$1,495
2%$1,245
72%$1,399
$1,187
12%$1,500
10%$1,220
18%Discover rentals in Richmond, KY
3d ago
Verified
241 N Madison Ave, Richmond, KY 40475
1–3 beds
1 bath
$655–$977
Apartment for rent
Available Nov 25
4d ago
Verified
254 Lombardy St Apt 24, Richmond, KY 40475
Studio–3 beds
1 bath
$825–$1,250
Apartment for rent
1d ago
235 Wayne Dr, Richmond, KY 40475
2 beds
1 bath
$800–$875
Apartment for rent
5d+ ago
Apartment for rent in Richmond
103 Rice Ct #4, Richmond, KY 40475
2 beds
1 bath
$800
Apartment for rent
5d+ ago
House for rent in Richmond
8133 Driftwood Loop, Richmond, KY 40475
4 beds
2.5 baths
$2,800
House for rent
5d+ ago
House for rent in Richmond
315 High St #1, Richmond, KY 40475
4 beds
2 baths
$2,800
House for rent
Available Jul 1
5d+ ago
House for rent in Richmond
8125 Driftwood Loop, Richmond, KY 40475
4 beds
2.5 baths
$2,800
House for rent
5d+ ago
House for rent in Richmond
1065 Berea Rd, Richmond, KY 40475
Studio
0 baths
$2,200
House for rent
3d ago
Verified
241 N Madison Ave, Richmond, KY 40475
1–3 beds
1 bath
$655–$977
Apartment for rent
Available Nov 25
4d ago
Verified
254 Lombardy St Apt 24, Richmond, KY 40475
Studio–3 beds
1 bath
$825–$1,250
Apartment for rent
1d ago
124 Alycia Dr, Richmond, KY 40475
1–2 beds
1 bath
$675–$950
Apartment for rent
2d ago
House for rent in Richmond
216 Magnolia Dr #1, Richmond, KY 40475
4 beds
3 baths
$2,200
House for rent
Available Sep 4
3d ago
Verified
241 N Madison Ave, Richmond, KY 40475
1–3 beds
1 bath
$655–$977
Apartment for rent
Available Nov 25
4d ago
Verified
254 Lombardy St Apt 24, Richmond, KY 40475
Studio–3 beds
1 bath
$825–$1,250
Apartment for rent
1d ago
235 Wayne Dr, Richmond, KY 40475
2 beds
1 bath
$800–$875
Apartment for rent
5d+ ago
House for rent in Richmond
8097 Driftwood Loop, Richmond, KY 40475
4 beds
2.5 baths
$2,295
House for rent
3d ago
Verified
241 N Madison Ave, Richmond, KY 40475
1–2 beds
1 bath
$655–$771
Apartment for rent
Available Nov 25
4d ago
Verified
254 Lombardy St Apt 24, Richmond, KY 40475
2–3 beds
1 bath
$850–$1,250
Apartment for rent
1d ago
201 Aqueduct Dr, Richmond, KY 40475
1 bed
1 bath
$600–$700
Apartment for rent
1d ago
124 Alycia Dr, Richmond, KY 40475
1 bed
1 bath
$675
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, KY
Quick answers to common questions about the Richmond rental market.
How much is rent in Richmond?
The average rent in Richmond is $1,150 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 2% since last year.
How does Richmond rent compare to the national average?
Rent in Richmond is 39% below the national average, which means renters are paying approximately $750 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 $46,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Richmond?
February offers the best rental deals in Richmond, with rents running about 11% lower than December's peak pricing. This seasonal variation creates clear timing opportunities for prospective renters looking to save on their monthly housing costs.
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).