What's the average rent in Richmond, KY?

Rental Market Trends in Richmond, KY

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Richmond, KY is $1,300 per month, which is 33% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,300
4.0%
$50 increase month-over-month
-5.1%
-$70 decrease year-over-year

AVAILABLE RENTALS

228

APARTMENTS

$1,161

HOUSES

$2,100

TOWNHOUSES

$1,300
As of June 2026, apartments are the most affordable rental option in Richmond, KY at $1,161 per month, while houses are the most expensive at $2,100 per month. Townhomes average $1,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$816
2 Bedrooms$1,056
3 Bedrooms$1,595
4 Bedrooms$2,350
All$1,300
As of June 2026, the average rent for a 1 bedroom rental in Richmond, KY is $816 per month, followed by $1,056 for a 2 bedroom rental, $1,595 for a 3 bedroom rental, and $2,350 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by 0% compared to the previous year, which is a $5 decrease.
This year (2026)
Last year (2025)

Rent distribution

50% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $425 to $3,900.
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