815 5th Ave S
St. CloudMN56301
Cheap Homes for Rent in Richmond, MN from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.
512 Maple Ln
Grove CityMN56243
313 5th St S
Grove CityMN56243
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.
519 14th St S
St. CloudMN56301
54 Birch Ave S
Maple LakeMN55358
255 6th Ave NE
HutchinsonMN55350
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.
Showing Results 1-6, Page 1 of 1
Richmond, MN Local Guide
Water Tower, City Library, City Hall and Fire Station, Richmond, Minnesota, USA. by Bobak Ha'Eri 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 | $1,468 | $895 | $1,900 |
| Richmond 3 Bedroom Homes for Rent | $2,904 | $1,675 | $10,000+ |
| Richmond 4 Bedroom Homes for Rent | $2,735 | $1,500 | $4,000 |
| Richmond 5 Bedroom Homes for Rent | $2,250 | $1,900 | $2,600 |
| Richmond 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
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
Explore Richmond
Richmond, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Richmond Apartments for Rent and Nearby
The cheapest available apartment rental in Richmond, MN is a 1 Bed unit found at Waite Park Crossing in the Pantown neighborhood priced from $795. Auburn Cove Apartments., LLC in the West Saint Cloud neighborhood 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waite Park Crossing | One bedroom + One bathroom | 1BR,1BA | $795 |
| Auburn Cove Apartments., LLC | 1 bedroom | 1BR,1BA | $795 |
| Westchester Apartments | 1B1B | 1BR,1BA | $844 |
Best Value Apartments for Rent in Richmond, MN and Nearby
As of June 05, 2026 the best value apartment in the Richmond area is the $1.04 price per square foot 2 Bed/ 2 Bath Model at Parkbury Villa in the in the West Saint Cloud neighborhood starting from $1,295. The second greatest value Richmond apartment is the Cirrus Model at THE LEGACY starting at $1,537 with a $1.42 price per square foot in the Pantown 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. |
|---|---|---|---|
| Parkbury Villa | 2 Bed/ 2 Bath | 2BR,2BA | $1.04 |
| THE LEGACY | Cirrus | 3BR,2BA | $1.42 |
| Savanna Apartments | D | 2BR,1BA | $1.19 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Bright River Estates | 2B1B A | 2BR,1BA | $1.22 |
| Park Meadows | Stearns | 1BR,1BA | $1.23 |
| Waite Park Crossing | One bedroom + One bathroom | 1BR,1BA | $1.06 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.29 |
| Westchester Apartments | 1B1B | 1BR,1BA | $1.35 |
| Auburn Cove Apartments., LLC | 1 bedroom | 1BR,1BA | $1.30 |
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.
Let everyone know!
Do you know the Richmond area?
If you’re an expert on all things Richmond, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, MN Rentals by Map
See the most popular apartments and homes in Richmond, MN
Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 45 Apartments for Rent in Richmond, MN with pricing that ranges from $750 to $3,020. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $400 to $10,500.
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 $400 to $10,500 with an average monthly rent of $2,034.
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
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.
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.