
Cheap Homes for Rent in Richmond, MO from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.


11763 Wood Oak Ave

2314 Catalpa St

2316 Birch St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2330 Dogwood St

2407 Catalpa St

1310 Valley Woods Ct

317 Woods Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2705 NW 5th St
Richmond, MO Local Guide

How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $1,197 | $899 | $1,500 |
| Richmond 3 Bedroom Homes for Rent | $1,698 | $1,350 | $2,530 |
| Richmond 4 Bedroom Homes for Rent | $2,299 | $2,299 | $2,299 |
Browse Top Homes for Rent in Richmond
Explore Richmond
Richmond, MO Local Guide
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Cheapest Available Richmond Apartments for Rent and Nearby
 The cheapest available apartment rental in Richmond, MO is a Studio unit found at Independence Tower in the Spring Branch neighborhood priced from $760. Hampton Place Apartments in the Blue Springs Manor South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Independence Tower | Studio /1 | Studio,1BA | $760 |
| Hampton Place Apartments | 1x1 | 1BR,1BA | $845 |
| Hillside Apartments | 1-Bedrooms | 1BR,1BA | $849 |
Best Value Apartments for Rent in Richmond, MO and Nearby
As of July 22, 2026 the best value apartment in the Richmond area is the $1.37 price per square foot C1 Forestwood Model at Arabella in the in the Little Blue neighborhood starting from $1,777. The second greatest value Richmond apartment is the EBL-B2- Morgan Model at The Edison at Blue Springs starting at $1,559 with a $1.32 price per square foot in the Little Blue 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. |
|---|---|---|---|
| Arabella | C1 Forestwood | 2BR,2BA | $1.37 |
| The Edison at Blue Springs | EBL-B2- Morgan | 2BR,2BA | $1.32 |
| Westchester Village of Oak Grove | 418B | 3BR,2BA | $1.14 |
| Autumn Place | 2Bd/1.5Ba | 2BR,1.5BA | $1.12 |
| The Lodge | Redwood | 2BR,1BA | $1.34 |
| Stoneybrook Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
| Regency Manor II | Two Bed One Bath | 2BR,1BA | $1.35 |
| Cherokee Village | One Bed One Bath | 1BR,1BA | $1.27 |
| Oaks Apartments | 1Bd | 1BR,1BA | $1.36 |
| Hampton Place Apartments | 1x1 | 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 ArticleReal 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.
Best Local Schools in Richmond, MO
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, MO Rentals by Map
See the most popular apartments and homes in Richmond, MO
Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 54 Apartments for Rent in Richmond, MO with pricing that ranges from $645 to $4,284. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $700 to $2,530.
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 $700 to $2,530 with an average monthly rent of $1,473.
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 $1,067 to $3,208, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,530. Four Bedroom Single-Family rentals are also available starting from $2,299 and Four Bedroom Apartments start at $1,300.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.