What's the average rent in Richmond, KY?

Rental Market Trends in Richmond, KY

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Richmond, KY is $1,100 per month, which is 43% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,100

-8.3%-$100 decrease month-over-month

-12.4%-$155 decrease year-over-year

AVAILABLE RENTALS

281

APARTMENTS

$1,081

HOUSES

$2,067

TOWNHOUSES

$1,300

As of November 2026, apartments are the most affordable rental option in Richmond, KY at $1,081 per month, while houses are the most expensive at $2,067 per month. Townhomes average $1,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$795
2 Bedrooms	$950
3 Bedrooms	$1,600
4 Bedrooms	$2,350
All	$1,100

As of November 2026, the average rent for a 1 bedroom rental in Richmond, KY is $795 per month, followed by $950 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $2,350 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$942
2 Bedrooms	$1,200
3 Bedrooms	$1,600
4 Bedrooms	—
All	$1,300

As of November 2026, the average rent for a 1 bedroom townhome in Richmond, KY is $942 per month, followed by $1,200 for a 2 bedroom townhome, and $1,600 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$725
2 Bedrooms	$935
3 Bedrooms	$1,300
4 Bedrooms	$1,495
All	$935

As of November 2026, the average rent for a 1 bedroom apartment in Richmond, KY is $725 per month, followed by $935 for a 2 bedroom apartment, $1,300 for a 3 bedroom apartment, and $1,495 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$995
3 Bedrooms	$1,795
4 Bedrooms	$2,395
All	$2,067

As of November 2026, the average rent for a 2 bedroom house in Richmond, KY is $995 per month, followed by $1,795 for a 3 bedroom house, and $2,395 for a 4 bedroom house.