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$553 - $1,3821 to 3 Bedroom Apartments Available Now
Whitetail Ridge
25821 75th StPaddock Lake, WI 53168
Cheap Apartments for Rent in Richmond, IL from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.
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Rent Specials
$1,050 - $1,4501 Bedroom Apartments Available Now
Oak Terrace Apartments
311 S Wells StLake Geneva, WI 53147
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$1,0951 Bedroom Apartments Available Apr 8
Antioch Manor Apartments
445 Donin DrAntioch, IL 60002
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$1,099 - $1,2491 to 2 Bedroom Apartments Available Now
Tan Oak Apartments
1601 Wilmot AveTwin Lakes, WI 53181
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rent Specials
$1,100 - $1,6001 to 3 Bedroom Apartments Available Jan 20
Prairie Apartments
8703 Antioch RdSalem, WI 53168
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1 to 2 Bedroom Apartments
Lakewood Tower
320 N Milwaukee AveLake Villa, IL 60046
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1 to 2 Bedroom Apartments
11236 258th Ct
11236 258th CtTrevor, WI 53179
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Studio to 1 Bedroom Apartments
Harbor View Apartments
10-14 Rushmore RdFox Lake, IL 60020
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Richmond, IL Local Guide
Commercial buildings in downtown Richmond, Illinois, USA by IvoShandor is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,715 | $1,350 | $2,212 |
| Richmond 1 Bedroom Apartments | $1,414 | $553 | $3,080 |
| Richmond 2 Bedroom Apartments | $1,700 | $660 | $2,754 |
| Richmond 3 Bedroom Apartments | $1,750 | $1,270 | $2,600 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, IL Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Richmond Apartments for Rent and Nearby
The cheapest available apartment rental in Richmond, IL is a 1 Bed unit found at Oak Terrace Apartments priced from $1,050. Tan Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Terrace Apartments | 1BR/1BA | 1BR,1BA | $1,050 |
| Tan Oak Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,099 |
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1,154 |
Best Value Apartments for Rent in Richmond, IL and Nearby
As of January 14, 2026 the best value apartment in the Richmond area is the $1.29 price per square foot 3 Bedroom Townhome Model at Tuckaway Townhomes in the in the Lincoln Hills neighborhood starting from $1,801. The second greatest value Richmond apartment is the One bedroom/long den Model at The Villas At Patriot Estates starting at $1,915 with a $1.42 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tuckaway Townhomes | 3 Bedroom Townhome | 3BR,2BA | $1.29 |
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.42 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| The Ridges of Geneva East | Summit | 2BR,2BA | $1.53 |
| Coventry Glen Apartments | 2 Bdrm/2 Bath-1st FlrS | 2BR,2BA | $1.50 |
| Fawn Ridge Apartments | Hillshire Plus | 2BR,1BA | $1.69 |
| Geneva Estates | First Month Rent Free - 2 Bed 1 Bath Lower Garden | 2BR,1BA | $1.59 |
| Oak Terrace Apartments | 1BR/1BA+Dining Room | 1BR,1BA | $1.73 |
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1.59 |
| Tan Oak Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.69 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Richmond, IL
Richmond-Burton High School
Richmond-Burton Chsd 157 School District
Public School - Grades 9-12 (549)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, IL Rentals by Map
See the most popular apartments and homes in Richmond, IL
Frequently Asked Questions about Cheap Richmond Apartments
What is the Cheapest Studio apartment in Richmond?
Currently the most affordable Cheap Studio Apartment in Richmond is at Patriot Prairie of Woodstock (FKA Prairie View) listed at $1,350.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,050 at Oak Terrace Apartments.
What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $1,199 at Geneva Estates.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!