34 Prosser Trail
CharlestownRI02813
Cheap Homes for Rent in Richmond, RI from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.
125 Cedar Rd
CharlestownRI02813
5075 Old Post Rd
CharlestownRI02813
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
3865 Old Post Rd
CharlestownRI02813
10 Isabelle Dr
NarragansettRI02882
128 Conch Rd
NarragansettRI02882
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-6, Page 1 of 1
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 | $2,450 | $2,000 | $3,200 |
| Richmond 3 Bedroom Homes for Rent | $3,353 | $1,900 | $6,000 |
| Richmond 4 Bedroom Homes for Rent | $6,569 | $3,000 | $10,000+ |
| Richmond 5 Bedroom Homes for Rent | $3,250 | $2,000 | $4,500 |
Browse Top Homes for Rent in Richmond
Explore Richmond
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 1 Bed unit found at Apartments at Remington Pond in the Warwick West Warwick neighborhood priced from $1,350. Bayside Village in the Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,606. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apartments at Remington Pond | Waitlist | 1BR,1BA | $1,350 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $1,606 |
| Woodland Apartments | 1x1 Garden | 1BR,1BA | $1,690 |
Best Value Apartments for Rent in Richmond, RI and Nearby
As of May 24, 2025 the best value apartment in the Richmond area is the $1.06 price per square foot 1 Bed 1 Bath Model at Harris Mill Lofts in the in the Warwick West Warwick neighborhood starting from $1,715. The second greatest value Richmond apartment is the 3 bed, 2 bath Model at Pleasant View Estates starting at $3,001 with a $2.16 price per square foot in the Northeast New London Norwich 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. |
|---|---|---|---|
| Harris Mill Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.06 |
| Pleasant View Estates | 3 bed, 2 bath | 3BR,2BA | $2.16 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.58 |
| Fort Adams at NAVSTA Newport Family Homes | 3 Bed Townhouse Utilities Included | 3BR,2.5BA | $2.25 |
| Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.73 |
| GrandeVille at Greenwich | Augusta (A1.2) | 1BR,1BA | $2.45 |
| Villa Del Rio | Granada | 1BR,1BA | $2.46 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| Royal Crest Warwick Apartment Homes | Barrington | 1BR,1BA | $2.46 |
| Apartments at Remington Pond | Waitlist | 1BR,1BA | $2.10 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 33 Apartments for Rent in Richmond, RI with pricing that ranges from $1,100 to $5,821. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $1,250 to $20,000.
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 $1,250 to $20,000 with an average monthly rent of $3,599.
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 $1,742 to $5,821, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,245.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.