What's the average rent in Richmond, IL?
Rental Market Trends in Richmond, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Richmond, IL is $1,520 per month, which is 22% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,520
26.1%$315 increase month-over-month
26.7%$320 increase year-over-year
AVAILABLE RENTALS
7
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,175 |
| 2 Bedrooms | $1,695 |
| 3 Bedrooms | $3,700 |
| 4 Bedrooms | — |
| All | $1,520 |
As of June 2026, the average rent for a 1 bedroom rental in Richmond, IL is $1,175 per month, followed by $1,695 for a 2 bedroom rental, and $3,700 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,125 |
| 2 Bedrooms | $1,695 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,175 |
As of June 2026, the average rent for a 1 bedroom apartment in Richmond, IL is $1,125 per month, followed by $1,695 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,700 |
| 4 Bedrooms | — |
| All | $3,700 |
As of June 2026, the average rent for a 3 bedroom house in Richmond, IL is $3,700 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -4% compared to the previous year, which is a $45 decrease.
This year (2026)
Last year (2025)
Rent distribution
60% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,125 to $3,700.
