815 5th Ave S
St. CloudMN56301
Cheap Homes for Rent in Richmond, MN from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.
539 Pacific Ave SW
WillmarMN56201
704 1st St S
WillmarMN56201
134 21st Ave N
St. CloudMN56303
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.
512 Maple Ln
Grove CityMN56243
311 5th St S
Grove CityMN56243
6445 132nd Ave NE
SpicerMN56288
812 6th St SE
WillmarMN56201
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 1-8, 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 | $1,510 | $1,100 | $2,000 |
| Richmond 3 Bedroom Homes for Rent | $2,568 | $1,575 | $10,000+ |
| Richmond 4 Bedroom Homes for Rent | $2,617 | $1,895 | $4,000 |
| Richmond 5 Bedroom Homes for Rent | $2,725 | $2,550 | $2,900 |
| Richmond 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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
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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 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $830 |
Best Value Apartments for Rent in Richmond, MN and Nearby
As of April 21, 2026 the best value apartment in the Richmond area is the $1.29 price per square foot 2 Bedroom 2 Bathroom Model at Graceview Estates in the starting from $1,225. The second greatest value Richmond apartment is the Two Bed Two Bath with Balcony/Patio Model at Community Park Apartment Homes starting at $1,325 with a $1.46 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. |
|---|---|---|---|
| Graceview Estates | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.29 |
| Community Park Apartment Homes | Two Bed Two Bath with Balcony/Patio | 2BR,2BA | $1.46 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Park Meadows | Stearns | 1BR,1BA | $1.23 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $1.19 |
| THE LEGACY | Cumulus | 1BR,1BA | $1.27 |
| Waite Park Crossing | One bedroom + One bathroom | 1BR,1BA | $1.06 |
| Savanna Apartments | A | 1BR,1BA | $1.26 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.19 |
| Auburn Cove Apartments., LLC | 1 bedroom | 1BR,1BA | $1.30 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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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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 $2,991. There are also 43 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 $2,277.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.