What's the average rent in Richmond, RI?
Rental Market Trends in Richmond, RI
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Richmond, RI is $2,500 per month, which is 29% higher than the national average rent of $1,932 per month.
AVERAGE RENT
$2,500
-15.3%-$450 decrease month-over-month
8.7%$200 increase year-over-year
AVAILABLE RENTALS
2
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, townhomes are the most affordable rental option in Richmond, RI at $2,300 per month, while houses are the most expensive at $3,000 per month. Apartments average $2,500 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | — |
| All | $2,500 |
As of November 2026, the average rent for a 2 bedroom rental in Richmond, RI is $2,300 per month, followed by $3,000 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,300 |
As of November 2026, the average rent for a 2 bedroom townhome in Richmond, RI is $2,300 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,500 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,500 |
As of November 2026, the average rent for a 2 bedroom apartment in Richmond, RI is $2,500 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,000 |
| 4 Bedrooms | — |
| All | $3,000 |
As of November 2026, the average rent for a 3 bedroom house in Richmond, RI is $3,000 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +9% compared to the previous year, which is a +$200 increase.
This year (2026)
Last year (2025)
Rent distribution
83% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $2,300 to $3,000.
