Cheap Homes for Rent in Richmond, IN from $600 (15 Rentals)

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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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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, IN Local Guide

Cheapest Available Richmond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richmond, IN is a 1 Bed unit found at Adam H Bartell Lofts priced from $695. Stonehenge has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Adam H Bartell LoftsVISTA1BR,1BA$695
StonehengeStudioStudio,1BA$709
Atlas Apartments1BR/1.0BA1BR,1BA$725
Townehouse Village ApartmentsTwo Bedroom Electric2BR,1BA$860
Ivy Green2 Bed 2 Bath2BR,2BA$900

Best Value Apartments for Rent in Richmond, IN and Nearby

As of September 14, 2025 the best value apartment in the Richmond area is the $0.72 price per square foot EXCALIBUR Model at Adam H Bartell Lofts in the starting from $795. The second greatest value Richmond apartment is the Two Bedroom Gas Model at Townehouse Village Apartments starting at $960 with a $0.98 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$0.72
Townehouse Village ApartmentsTwo Bedroom Gas2BR,1.5BA$0.98
131 S 7th St, Unit 131 Up131 S 7th St1BR,1BA$0.72
Ivy Green2 Bed 2 Bath2BR,2BA$1.17
Richmond Flats3001 W Cart Rd2BR,2BA$0.84
Atlas Apartments1BR/1.0BA1BR,1BA$1.01
StonehengeStudioStudio ,1BA$2.46

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

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Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 62 Apartments for Rent in Richmond, IN with pricing that ranges from $450 to $1,495. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $625 to $5,625.

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 $625 to $5,625 with an average monthly rent of $2,599.

How much are larger Three and Four Bedroom Rentals in Richmond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Richmond range from $975 to $1,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,790. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $450.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.