Cheap Apartments for Rent in Richmond, IN from $300 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Richmond.

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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Music City Place
Studio to 2 Bedroom Apartments

Music City Place

50 N 8th StRichmond, IN 47374
Senior Living
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Rose Stone Apartments
Studio to 2 Bedroom Apartments

Rose Stone Apartments

3823 S A StRichmond, IN 47374
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Genesis Apartments
1 to 2 Bedroom Apartments

Genesis Apartments

1032 S 23rd StRichmond, IN 47374
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Rosewood Terrace
Studio to 1 Bedroom Apartments

Rosewood Terrace

4100 S A StRichmond, IN 47374
Senior Living

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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6512 US 27 S
1 to 2 Bedroom Apartments

6512 US 27 S

6512 US 27 SRichmond, IN 47374
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18 N 13th St
3 Bedroom Apartments

18 N 13th St

18 N 13th StRichmond, IN 47374

Cash 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.

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29 N 13th St
1 Bedroom Apartments

29 N 13th St

29 N 13th StRichmond, IN 47374
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1308 N A St
1 Bedroom Apartments

1308 N A St

1308 N A StRichmond, IN 47374
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321 N 9th St
1 to 2 Bedroom Apartments

321 N 9th St

321 N 9th StRichmond, IN 47374
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314 N 9th St
Studio Apartments

314 N 9th St

314 N 9th StRichmond, IN 47374

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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109 Richmond Ave
1 Bedroom Apartments

109 Richmond Ave

109 Richmond AveRichmond, IN 47374
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Interfaith Housing
Studio to 1 Bedroom Apartments

Interfaith Housing

510 W Main StRichmond, IN 47374
Senior Living
  • Utilities Included

Richmond, IN Local Guide

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, IN is a 1 Bed unit found at Atlas Apartments priced from $725. Adam H Bartell Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Atlas Apartments1BR/1.0BA1BR,1BA$725
Adam H Bartell LoftsVISTA1BR,1BA$795
Townehouse Village ApartmentsTwo Bedroom Electric2BR,1BA$860
Ivy Green2 Bed 2 Bath2BR,2BA$900
ROYAL OAKS APARTMENTS2 bedroom2BR,1BA$925

Best Value Apartments for Rent in Richmond, IN

As of October 24, 2025 the best value apartment in the Richmond area is the $0.81 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $895. The second greatest value Richmond apartment is the 238 Richmond Ave Model at 238 Richmond Ave, Unit 238 starting at $800 with a $0.80 price per square foot . Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Adam H Bartell LoftsEXCALIBUR2BR,1BA$0.81
238 Richmond Ave, Unit 238238 Richmond Ave2BR,1.5BA$0.80
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$0.98
ROYAL OAKS APARTMENTS2 bedroom2BR,1BA$1.08
Ivy Green2 Bed 2 Bath2BR,2BA$1.17
Richmond Flats3001 W Cart Rd2BR,2BA$0.88
Atlas Apartments1BR/1.0BA1BR,1BA$1.01

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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Quick 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Richmond, IN Rentals by Map

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Getting Around Richmond, IN

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Richmond Apartments

How much is rent for a Cheap One Bedroom Richmond Apartment?

The lowest price for a Cheap One Bedroom Richmond Apartment is $725 at Atlas 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 $860 at Townehouse Village Apartments.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.