
Cheap Homes for Rent in Richmond, IL from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.


430 Cunat Blvd

126 Washington St

43313 N Catherine Ave

4301 W Shamrock Ln

99 North Ave
Richmond, IL Local Guide

How much does it cost to rent a home in Richmond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Richmond 2 Bedroom Homes for Rent | $1,782 | $675 | $2,400 |
Richmond 3 Bedroom Homes for Rent | $2,400 | $1,695 | $3,200 |
Richmond 4 Bedroom Homes for Rent | $2,920 | $2,850 | $2,990 |
Richmond 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Richmond
Explore Richmond
Richmond, IL Local Guide
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Cheapest Available Richmond Apartments for Rent and Nearby
 The cheapest available apartment rental in Richmond, IL is a 2 Beds unit found at Lakewood Tower in the Grant's Grove neighborhood priced from $1,200. 11236 258th Ct has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Richmond apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lakewood Tower | 2 Bed 790SF | 2BR,1BA | $1,200 |
11236 258th Ct | 2 X 1 | 2BR,1BA | $1,200 |
Timber Oaks (Patriot Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
Best Value Apartments for Rent in Richmond, IL and Nearby
As of July 25, 2025 the best value apartment in the Richmond area is the $1.48 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 $1,850. The second greatest value Richmond apartment is the Residence #5, 6, 7 and 8 (Plus Den) Model at River Place starting at $1,850 with a $1.68 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. |
---|---|---|---|
West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.48 |
River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.68 |
Highlands of Kensington Manor | Manchester | 2BR,2BA | $1.51 |
Fawn Ridge Apartments | Wynstone | 2BR,2BA | $1.77 |
Lakewood Tower | 2 Bed 790SF | 2BR,1BA | $1.52 |
Geneva Estates | 2 Bed 1 Bath Upper | 2BR,1BA | $1.80 |
The Blake at Fox River | Sterling | 1BR,1BA | $2.24 |
Coventry Glen Apartments | 1 Bdrm/1 Bath-2nd FlrH | 1BR,1BA | $1.92 |
Timber Oaks (Patriot Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.03 |
Prairie View (Patriot Prairie of Woodstock) | STUDIO | Studio ,1BA | $2.45 |
Quick Rent Budget Calculator
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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 $3,843. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $675 to $3,200.
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 $675 to $3,200 with an average monthly rent of $2,292.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.