103 Moberly Ave
RichmondKY40475
Cheap Homes for Rent in Richmond, KY from $700 (7 Rentals)
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103 Rice Ct
RichmondKY40475
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$1,0002 Bedroom Apartments Available Now
1003 Whipporwill Dr, Unit C
1003 Whipporwill DrBerea, KY 40403
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.
303 McDougal Ave
RichmondKY40475
325 S 3rd St
RichmondKY40475
8003 Wilburn Way
RichmondKY40475
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.
9001 Landon Ln
RichmondKY40475
Showing Results 1-7, Page 1 of 1
Richmond, KY Local Guide
Silver Creek Falls by Flickr User: Karen Roussel is licensed under CCO 1.0
How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $1,351 | $950 | $1,765 |
| Richmond 3 Bedroom Homes for Rent | $1,740 | $1,100 | $2,500 |
| Richmond 4 Bedroom Homes for Rent | $2,456 | $2,100 | $3,900 |
| Richmond 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
| Richmond 6 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Richmond
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Richmond, KY Local Guide
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Cheapest Available Richmond Apartments for Rent
The cheapest available apartment rental in Richmond, KY is a 1 Bed unit found at Katelyn Court Apartments priced from $595. Pebblecreek Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $595 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $724 |
| Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $740 |
Best Value Apartments for Rent in Richmond, KY
As of June 12, 2026 the best value apartment in the Richmond area is the $1.40 price per square foot New Cottage/Two Car Garage Model at Legacy Lake Apartments in the starting from $2,100. The second greatest value Richmond apartment is the 309 McDougal Ave Model at 309 McDougal Ave, Unit 1 starting at $1,500 with a $1.11 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. |
|---|---|---|---|
| Legacy Lake Apartments | New Cottage/Two Car Garage | 3BR,2BA | $1.40 |
| 309 McDougal Ave, Unit 1 | 309 McDougal Ave | 3BR,2BA | $1.11 |
| 907 Weeping Willow Dr, Unit 907-4 | 907 Weeping Willow Dr | 3BR,2.5BA | $1.00 |
| 2005 Willow Dr | 3BR/2.5BA | 3BR,2.5BA | $1.19 |
| The Villages at Lake Reba | 2 BDR / 2BA | 2BR,2BA | $1.32 |
| Reserves of Madison | The Heritage | 1BR,1BA | $1.10 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $1.03 |
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.08 |
| Park Place | 1 Bedroom, 1 Bath | 1BR,1BA | $1.38 |
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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See the most popular apartments and homes in Richmond, KY
Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 87 Apartments for Rent in Richmond, KY with pricing that ranges from $595 to $2,100. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $795 to $3,900.
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 $795 to $3,900 with an average monthly rent of $2,039.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.