Average Rent in Richmond, TX
10 apartment buildings, 192 units. Real asking prices, refreshed daily.
Avg Rent
$1,580/mo
Cheapest
$999/mo
Properties
10
Units
192
Analysis
Rent Price Breakdown
Compare pricing across all 10 properties in Richmond, TX.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Richmond, TX Rent Prices
All 10 properties ranked by lowest available rent.
Marquis Grand Lakes
20900 Farm To Market 1093, Richmond, TX 77407
Alleia Long Meadow Farms Apartments
5600 Berkeley Knl Cir, Richmond, TX 77407, USA
Grandea Lakemont
7115 S Mason Rd, Richmond, TX 77407, USA
Cyan Cinco Ranch Apartments
21650 FM 1093, Richmond, TX 77407, USA
Cendana District West
7303 S Peek Rd, Richmond, TX 77407, USA
Grand Fountain Apartments
23702 FM 1093, Richmond, TX 77406, USA
Granary Flats
4647 Harvest Corner Dr, Richmond, TX 77406, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Marquis Grand Lakes 20900 Farm To Market 1093, Richmond, TX 77407 | $999 | $1,285 | $1.37 | 3.9 (405) | 10 |
| 2 | Alleia Long Meadow Farms Apartments 5600 Berkeley Knl Cir, Richmond, TX 77407, USA | $1,119 | $1,701 | $1.55 | 4.4 (254) | 30 |
| 3 | Grandea Lakemont 7115 S Mason Rd, Richmond, TX 77407, USA | $1,122 | $1,402 | $1.59 | 4.7 (413) | 25 |
| 4 | Cyan Cinco Ranch Apartments 21650 FM 1093, Richmond, TX 77407, USA | $1,125 | $1,445 | $1.45 | 4.1 (446) | 37 |
| 5 | Cendana District West 7303 S Peek Rd, Richmond, TX 77407, USA | $1,221 | $1,221 | $2.06 | 4.3 (152) | 1 |
| 6 | Grand Fountain Apartments 23702 FM 1093, Richmond, TX 77406, USA | $1,244 | $1,735 | $1.63 | 3.5 (241) | 21 |
| 7 | Granary Flats 4647 Harvest Corner Dr, Richmond, TX 77406, USA | $1,250 | $1,576 | $1.91 | 4 (270) | 49 |
Explore Each Property
Marquis Grand Lakes
3.9 (405)20900 Farm To Market 1093, Richmond, TX 77407
Alleia Long Meadow Farms Apartments
4.4 (254)5600 Berkeley Knl Cir, Richmond, TX 77407, USA
Grandea Lakemont
4.7 (413)7115 S Mason Rd, Richmond, TX 77407, USA
Cyan Cinco Ranch Apartments
4.1 (446)21650 FM 1093, Richmond, TX 77407, USA
Cendana District West
4.3 (152)7303 S Peek Rd, Richmond, TX 77407, USA
Grand Fountain Apartments
3.5 (241)23702 FM 1093, Richmond, TX 77406, USA
Richmond, TX Average Rent Prices 2026
The average rent in Richmond, TX is $1,580 per month, based on 192 units across 10 apartment communities. Prices range from $999 at Marquis Grand Lakes to $1,600 at Cortland Sugar Land.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,110/mo | $999/mo | 2 |
| 1 Bed | $1,387/mo | $999/mo | 105 |
| 2 Bed | $1,783/mo | $1,437/mo | 74 |
| 3 Bed | $2,143/mo | $1,784/mo | 11 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Richmond, TX, and what they pay
Tracked one-bedroom rent in Richmond, TX averages $1,387/mo, with two-bedroom units averaging $1,783/mo. At the local median household income of $68,564, that works out to 28% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Richmond, TX at $1,248/mo. The current tracked market average runs 27% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Richmond, TX while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Houston
Demand in the Houston rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- ExxonMobil
- Texas Medical Center
Mean one-way commute in Richmond, TX is 27 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Richmond, TX?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$63,000/year
30 percent rule -- using our average rent of $1,580/mo.
Comfortable income
$76,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($999/mo), you need to earn at least $40,000/year.
Median household income in Richmond, TX is $68,564 , about 10% below the comfortable-living threshold.
Cost of living in Richmond, TX
Overall prices in Richmond, TX matches the national average by about 0% (BEA Regional Price Parity index 99.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Richmond, TX's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,580 |
| Utilities | $457 |
| Groceries | $549 |
| Transportation | $1,089 |
| Healthcare | $531 |
| Other goods and services | $850 |
| Estimated total | $5,057/mo |
Population
12,117
Median household income
$68,564
Census median rent
$1,248/mo
Rent as % of income
42.8%
Median age
34.7
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Texas
How Richmond, TX rent compares to other markets in the state.
| City | Avg Rent | vs Richmond, TX | Properties |
|---|---|---|---|
| Austin, TX | $2,013 | +27% | 200 |
| Dallas, TX | $1,770 | +12% | 151 |
| Addison, TX | $1,857 | +18% | 146 |
| Houston, TX | $2,269 | +44% | 75 |
| Lewisville, TX | $1,627 | +3% | 50 |
| San Antonio, TX | $2,033 | +29% | 39 |
Frequently asked questions
What is the average rent in Richmond, TX?
The average rent in Richmond, TX is $1,580 per month, based on 192 units across 10 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Richmond, TX?
The lowest available rent in Richmond, TX starts at $999 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Richmond, TX?
1-bedroom apartments in Richmond, TX average $1,387/mo. The lowest listed 1-bedroom starts at $999/mo across 105 units tracked.
How much is a 2-bedroom apartment in Richmond, TX?
2-bedroom apartments in Richmond, TX average $1,783/mo. Units start from $1,437/mo across 74 units currently listed.
Rent Trends in Richmond, TX
Track how apartment prices are changing over time.
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