932 W Rollins Rd
Round Lake HeightsIL60073
Cheap Homes for Rent in Richmond, IL from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.
4312 W Shamrock Ln
McHenryIL60050
4301 W Shamrock Ln
McHenryIL60050
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
441 Linden Ln
AntiochIL60002
577 Anita Ave
AntiochIL60002
1506 Spring Brook Ct
Round Lake BeachIL60073
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.
858 Clay St
WoodstockIL60098
Showing Results 1-7, Page 1 of 1
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 a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $1,890 | $1,300 | $2,575 |
| Richmond 3 Bedroom Homes for Rent | $2,650 | $2,200 | $3,200 |
| Richmond 4 Bedroom Homes for Rent | $2,833 | $2,500 | $3,300 |
| Richmond 5 Bedroom Homes for Rent | $16,000 | $10,000 | $10,000+ |
| Richmond 6 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Browse Top Homes for Rent in Richmond
Explore Richmond
Richmond, IL Local Guide
- Nearby Cities
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Cheapest Available Richmond Apartments for Rent and Nearby
The cheapest available apartment rental in Richmond, IL is a 1 Bed unit found at Silver Creek Apartments in the Bull Valley Golf Club neighborhood priced from $1,149. Whitetail Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,154. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Creek Apartments | 1 Bedroom | 1BR,1BA | $1,149 |
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1,154 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Richmond, IL and Nearby
As of May 09, 2026 the best value apartment in the Richmond area is the $1.52 price per square foot 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay in the in the Amber Shores neighborhood starting from $1,900. The second greatest value Richmond apartment is the Summit Model at The Ridges of Geneva East starting at $1,596 with a $1.43 price per square foot . 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. |
|---|---|---|---|
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| The Ridges of Geneva East | Summit | 2BR,2BA | $1.43 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| Prairie Apartments | 3 Bedroom Standard SK | 3BR,1BA | $1.68 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| Patriot Prairie of Woodstock | 2X1 | 2BR,1BA | $1.79 |
| Whitetail Ridge | 1-Bedroom Senior 60% | 1BR,1BA | $1.59 |
| Silver Creek Apartments | 1 Bedroom | 1BR,1BA | $1.70 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
| Willow Brooke | One Bedroom | 1BR,1BA | $1.90 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 (515)
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 Richmond
What type of rentals are currently available in Richmond?
There are currently 45 Apartments for Rent in Richmond, IL with pricing that ranges from $553 to $2,893. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $1,195 to $16,000.
What is the current price range for Rental Homes in Richmond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $1,195 to $16,000 with an average monthly rent of $5,362.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.