103 Oak St
WesterlyRI02891
Cheap Homes for Rent in Richmond, RI from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.
901 Stonington Rd
StoningtonCT06378
135 Holly Rd
South KingstownRI02879
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.
19 Brandywine Dr
WesterlyRI02891
57 Sheila Dr
CharlestownRI02813
20B Sunrise Dr
WesterlyRI02891
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.
252 N Water St
StoningtonCT06378
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Richmond, RI Local Guide
Slater Mill in South Carolina by dougtone is licensed under CC BY 2.0
How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $2,919 | $1,350 | $8,500 |
| Richmond 3 Bedroom Homes for Rent | $3,916 | $1,400 | $10,000+ |
| Richmond 4 Bedroom Homes for Rent | $8,950 | $2,900 | $10,000+ |
| Richmond 5 Bedroom Homes for Rent | $12,225 | $3,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Richmond, RI Local Guide
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Cheapest Available Richmond Apartments for Rent and Nearby
The cheapest available apartment rental in Richmond, RI is a Studio unit found at Masthead Apartments in the Warwick West Warwick neighborhood priced from $1,395. Fox Run Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,485. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Masthead Apartments | Studio, 1 bath | Studio,1BA | $1,395 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1,485 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $1,606 |
Best Value Apartments for Rent in Richmond, RI and Nearby
As of March 07, 2026 the best value apartment in the Richmond area is the $1.79 price per square foot 3 bed, 2 bath Model at Pleasant View Estates in the in the Northeast New London Norwich neighborhood starting from $2,486. The second greatest value Richmond apartment is the 3 Bedroom Summer Model at The URI Townhouses starting at $860 with a $0.62 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. |
|---|---|---|---|
| Pleasant View Estates | 3 bed, 2 bath | 3BR,2BA | $1.79 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| 182 Marlborough - Large 1 Bedroom Plus | One Bedroom | 1BR,1BA | $1.91 |
| Lofts at Anthony Mill | 2 Bed 1 Bath | 2BR,1BA | $1.86 |
| Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.75 |
| Harborview Apartment Community | One Bedroom | 1BR,1BA | $2.10 |
| Masthead Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.97 |
| 855 Providence St | 2 BR, 1 BA | 2BR,1BA | $2.19 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1.75 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
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
The 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
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Best Local Schools in Richmond, RI
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Richmond, RI
Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 41 Apartments for Rent in Richmond, RI with pricing that ranges from $1,107 to $4,275. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $1,350 to $30,000.
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 $1,350 to $30,000 with an average monthly rent of $5,251.
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 $1,743 to $4,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $14,500. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,245.
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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.