What's the average rent in Richmond, KY?

Rental Market Trends in Richmond, KY

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Richmond, KY is $1,250 per month, which is 35% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,250

0.0%No change month over month

-7.4%-$100 decrease year-over-year

AVAILABLE RENTALS

219

APARTMENTS

$1,124

HOUSES

$2,150

TOWNHOUSES

$1,266

As of May 2026, apartments are the most affordable rental option in Richmond, KY at $1,124 per month, while houses are the most expensive at $2,150 per month. Townhomes average $1,266 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$768
2 Bedrooms	$1,050
3 Bedrooms	$1,600
4 Bedrooms	$2,400
All	$1,250

As of May 2026, the average rent for a 1 bedroom rental in Richmond, KY is $768 per month, followed by $1,050 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	$1,100
3 Bedrooms	$1,540
4 Bedrooms	—
All	$1,266

As of May 2026, the average rent for a 1 bedroom townhome in Richmond, KY is $850 per month, followed by $1,100 for a 2 bedroom townhome, and $1,540 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$1,000
3 Bedrooms	$1,250
4 Bedrooms	$1,800
All	$1,125

As of May 2026, the average rent for a 1 bedroom apartment in Richmond, KY is $700 per month, followed by $1,000 for a 2 bedroom apartment, $1,250 for a 3 bedroom apartment, and $1,800 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,200
3 Bedrooms	$1,832
4 Bedrooms	$2,400
All	$2,150

As of May 2026, the average rent for a 2 bedroom house in Richmond, KY is $1,200 per month, followed by $1,832 for a 3 bedroom house, and $2,400 for a 4 bedroom house.