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Average Rent in Richmond, TX & Rent Trends

Rent prices and market trends across 8 apartment communities in Richmond, TX. Updated daily.

Market Average

$1,779/mo

▼ 0.1% from last month

Lowest Available

$1,312/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

69

available now

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 $1,779 per month across 8 apartment communities and 69 available units. Rents have decreased $1 (0.1%) over the past month.

The most affordable option is Marquis Grand Lakes starting at $1,312/mo. By unit type, a 2-bedroom averages $1,779/mo.

Prices range from $1,312 to $2,273 per month. The most common price point is the $1,600 range, where 38 units are currently listed.

Richmond, TX Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Richmond, TX

2 Bed
$1,779
from $1,312 · 69 units

Rent Prices by Apartment in Richmond, TX

Property Starting at Average Units Rating
Marquis Grand Lakes $1,312/mo $1,395/mo 3 3.9
Cyan Cinco Ranch Apartments $1,488/mo $1,651/mo 16 4.1
Grandea Lakemont $1,621/mo $1,704/mo 14 4.7
Alleia Long Meadow Farms Apartments $1,663/mo $1,829/mo 15 4.4
Granary Flats $1,693/mo $1,934/mo 12 4
Grand Fountain Apartments $1,745/mo $1,805/mo 5 3.5
Cortland Sugar Land $1,996/mo $2,138/mo 3 4.8

Frequently Asked Questions About Rent in Richmond, TX

What is the average rent in Richmond, TX?

The average rent in Richmond, TX is $1,779 per month as of July 2026, based on 69 units across 8 apartment communities.

Is rent going up or down in Richmond, TX?

Rent in Richmond, TX has decreased $1 (0.1%) over the past month. The current average is $1,779/mo.

What is the cheapest apartment in Richmond, TX?

The most affordable apartment in Richmond, TX is Marquis Grand Lakes with units starting at $1,312/mo.

How many apartments are available in Richmond, TX?

There are 69 units available across 8 apartment communities 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

$71,000/year

Based on the 30 percent rule, using our tracked average rent of $1,779/mo.

Comfortable income

$85,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,312/mo), you need to earn at least $52,000/year.

Median household income in Richmond, TX is $68,564 , about 20% 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) $1,779
Utilities $457
Groceries $549
Transportation $1,089
Healthcare $531
Other goods and services $850
Estimated total $5,256/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

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