What's the average rent in Richmond, KY?

Rental Market Trends in Richmond, KY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Richmond, KY is $1,350 per month, which is 31% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,350

-3.6%-$50 decrease month-over-month

-9.7%-$145 decrease year-over-year

AVAILABLE RENTALS

240

APARTMENTS

$1,152

HOUSES

$1,995

TOWNHOUSES

$1,450

As of August 2026, apartments are the most affordable rental option in Richmond, KY at $1,152 per month, while houses are the most expensive at $1,995 per month. Townhomes average $1,450 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$821
2 Bedrooms	$975
3 Bedrooms	$1,522
4 Bedrooms	$2,395
All	$1,350

As of August 2026, the average rent for a 1 bedroom rental in Richmond, KY is $821 per month, followed by $975 for a 2 bedroom rental, $1,522 for a 3 bedroom rental, and $2,395 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,225
3 Bedrooms	$1,575
4 Bedrooms	—
All	$1,450

As of August 2026, the average rent for a 2 bedroom townhome in Richmond, KY is $1,225 per month, followed by $1,575 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$725
2 Bedrooms	$950
3 Bedrooms	$1,430
4 Bedrooms	$1,600
All	$1,100

As of August 2026, the average rent for a 1 bedroom apartment in Richmond, KY is $725 per month, followed by $950 for a 2 bedroom apartment, $1,430 for a 3 bedroom apartment, and $1,600 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,200
3 Bedrooms	$1,595
4 Bedrooms	$2,395
All	$1,995

As of August 2026, the average rent for a 2 bedroom house in Richmond, KY is $1,200 per month, followed by $1,595 for a 3 bedroom house, and $2,395 for a 4 bedroom house.