Last updated
Average Rent in Richmond, TX & Rent Trends
Rent prices and market trends across 10 apartment communities in Richmond, TX. Updated daily.
Market Average
$1,543/mo
▼ 1.8% from last month
Lowest Available
$999/mo
cheapest unit on market
Communities
10
tracked daily
Units Listed
238
available now
Price Cuts This Week in Richmond, TX
23 listed units across 7 buildings in Richmond, TX dropped their asking rent in the past 7 days, an average cut of $75/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Ivy Point Richmond | Unit 245, Elm | $1,956 | $1,699 | $257 |
| Granary Flats | Unit 4111, B2 | $2,023 | $1,867 | $156 |
| Alleia Long Meadow Farms Apartments | Unit 2201, B3 | $1,845 | $1,733 | $112 |
| Alleia Long Meadow Farms Apartments | Unit 1319, B5 | $1,770 | $1,663 | $107 |
| Alleia Long Meadow Farms Apartments | Unit 1320, B5 | $1,820 | $1,736 | $84 |
| Alleia Long Meadow Farms Apartments | Unit 2129, B2 | $1,896 | $1,812 | $84 |
| Alleia Long Meadow Farms Apartments | Unit 3128, B1 | $1,769 | $1,685 | $84 |
| Alleia Long Meadow Farms Apartments | Unit 3229, B3 | $2,062 | $1,978 | $84 |
Rent by Neighborhood in Richmond, TX
Compare average rent across Richmond, TX neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Richmond 77469 | $1,953 | $1,500 | 1 | 9 |
| Glenwood | $1,572 | $1,036 | 4 | 127 |
| Bradford Park | $1,469 | $999 | 5 | 102 |
Is Rent Going Up or Down in Richmond, TX?
As of July 2026, the average rent in Richmond, TX is $1,543 per month across 10 apartment communities and 238 available units. Rents have decreased $28 (1.8%) over the past month.
The most affordable option is Marquis Grand Lakes starting at $999/mo. By unit type, a studio averages $1,421/mo, a 1-bedroom averages $1,345/mo, a 2-bedroom averages $1,779/mo, a 3-bedroom averages $2,153/mo.
Prices range from $999 to $2,416 per month. The most common price point is the $1,200 range, where 62 units are currently listed.
Richmond, TX Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Richmond, TX
Rent Prices by Apartment in Richmond, TX
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Marquis Grand Lakes | $999/mo | $1,276/mo | 11 | 3.9 |
| Allora Bella Terra | $1,036/mo | $1,457/mo | 34 | 4.5 |
| Cyan Cinco Ranch Apartments | $1,076/mo | $1,439/mo | 42 | 4.1 |
| Alleia Long Meadow Farms Apartments | $1,141/mo | $1,714/mo | 30 | 4.4 |
| Granary Flats | $1,167/mo | $1,517/mo | 51 | 4 |
| Grandea Lakemont | $1,170/mo | $1,505/mo | 39 | 4.7 |
| Cendana District West | $1,223/mo | $1,223/mo | 1 | 4.3 |
Google Search Trends for Richmond, TX Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Richmond, TX
What is the average rent in Richmond, TX?
Is rent going up or down in Richmond, TX?
What is the cheapest apartment in Richmond, TX?
How much is a 1-bedroom apartment in Richmond, TX?
How many apartments are available in Richmond, TX?
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
$62,000/year
Based on the 30 percent rule, using our tracked average rent of $1,543/mo.
Comfortable income
$74,000/year
Based on the 25 percent rule, leaving 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 7% 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) | $1,543 |
| Utilities | $457 |
| Groceries | $549 |
| Transportation | $1,089 |
| Healthcare | $531 |
| Other goods and services | $850 |
| Estimated total | $5,020/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.
Explore Richmond, TX Apartments
Browse all 10 communities with daily-updated pricing and availability.