Cheap Apartments for Rent in Richmond, IN

38 rentals

Apartments For Rent Near Richmond, IN

We found 30 more apartments matching your filters just outside Richmond

Average Rent Trends in Richmond, IN

Rent in Richmond, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Oct 2025$900
Nov 2025$786
Dec 2025$800
Jan 2026$750
Feb 2026$786
Mar 2026$825
Apr 2026$900
May 2026$925
Jun 2026$925
Jul 2026$750
Aug 2026$800
Sep 2026$925
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$675$975$1,100$1,583$935
Townhomes—$750——$750
Apartments and Condos$625$775$800$1,583$775
Houses—$1,350$1,100—$1,275
See more information about local market trends in Richmond, IN

Frequently Asked Questions about Rentals in Richmond, IN

  • What is the average rent of an apartment in Richmond, IN?
    The average rent of an apartment in Richmond, IN is $817 per month. This is about 58% lower than the national average.
  • When is the average rent cheapest in Richmond, IN?
    In the last year, the average rent in Richmond, IN was lowest in Jan 2025 when it was $750 per month.
  • When is the average rent most expensive in Richmond, IN?
    In the last year, the average rent in Richmond, IN was highest in Sep 2025 when it was $1,000 per month.
  • How many available rental listings are in Richmond, IN?
    There are 43 available rental listings in Richmond, IN.
  • What are some zip codes in Richmond, IN?
    Richmond, IN includes zip codes such as: 47374, 47324, 47392, 47375.
  • What are some cities near Richmond, IN?
    Some nearby cities include: Spring Grove, Boston, New Paris, Centerville, Whitewater. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Richmond, IN - 223 Rentas | Trulia