Cheap Homes for Rent in Richmond, TX from $700 (177 Rentals)

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Search the lowest-cost Homes available for rent right now in Richmond.

Where to Live in the Greater Houston Area: A Local Expert's Guide to Suburbs Around H-Town

Get a true local's take on Houston's best surrounding cities for apartment living. Find out why Humble, Kingwood, Baytown, and The Woodlands are worth the consideration for your new place.

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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.

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property at 1315 Pease River Ln

$1,599

Total Monthly Price

Total Monthly Price

Base Rent
$1,599
Total Monthly Price
$1,599

3 Bedroom, 2 Bath Home for Rent

Available Now

1315 Pease River Ln

RosenbergTX77471
property at 4411 Thistle Pond Ct

$1,630

Total Monthly Price

Total Monthly Price

Base Rent
$1,630
Total Monthly Price
$1,630

3 Bedroom, 2 Bath Rentals

Available Now

4411 Thistle Pond Ct

RichmondTX77469

Where to Stay in Houston: The 5 Best Neighborhoods for Short-Term Lease Options

Discover Houston's top areas for Short-Term Lease apartments. We review 5 neighborhoods with the most short-term rental apartments and houses, ideal for students, families, and business travel.

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The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

Find your perfect Houston apartment or home with this guide to the city and its top suburbs to rent. We cover everything from downtown living to the best family-friendly communities like The Woodlands and New Caney.

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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.

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Richmond, TX Local Guide

Cheapest Neighborhoods for Apartments in Richmond, TX

Pricing Updated: 08/19/2026

Current apartment rentals in the Richmond, TX area range in price from $530 to $4,432 with an overall median price of $1,603. Here is today’s list neighborhoods with the lowest median pricing for Richmond Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pecan Grove$1,584$530290
Aliana$1,612$1,099231
Waterside$1,622$1,100177

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, TX is a 2 Beds unit found at Hawthorne in the Eldridge neighborhood priced from $900. Bayou Bend Apartments in the Cottonwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $919. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HawthorneB-12BR,1BA$900
Bayou Bend ApartmentsA11BR,1BA$919
Broadstone New Territory ApartmentsSummit1BR,1BA$955
Avana Sugar LandA1 Study1BR,1BA$996
Brazos RanchS1Studio,1BA$999
Advenir at Grand Parkway WestChelsea1BR,1BA$1,034
Hanover LakemontA80a1BR,1BA$1,040
The Flats at SugarlandA21BR,1BA$1,040
Villas at River Park WestA2 - 1.11BR,1BA$1,042
Allora Bella Terra1 Bed, 1 Bath C (80% Income Restricted)1BR,1BA$1,054

Best Value Apartments for Rent in Richmond, TX

As of August 19, 2026 the best value apartment in the Richmond area is the $1.44 price per square foot C1 Model at Echelon on 99 in the in the Chelsea Harbour neighborhood starting from $2,015. The second greatest value Richmond apartment is the Vanderbuilt A Model at Advenir at Grand Parkway West starting at $1,931 with a $1.47 price per square foot in the Lakemont neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Echelon on 99C13BR,2BA$1.44
Advenir at Grand Parkway WestVanderbuilt A3BR,2BA$1.47
The Flats at SugarlandC23BR,2BA$1.30
Marquis Grand Lakes3A3BR,2BA$1.51
Grand FountainB12BR,2BA$1.45
Prose District WestB12BR,2BA$1.45
HawthorneB-22BR,1BA$1.15
Broadstone New Territory ApartmentsTerra1BR,1BA$1.49
Brittany Square2X12BR,1BA$1.50
Bayou Bend ApartmentsA21BR,1BA$1.46

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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Houston, TX metro area for affordable living. Find your perfect H-Town Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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.

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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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Richmond, TX

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 157 Apartments for Rent in Richmond, TX with pricing that ranges from $530 to $22,483. There are also 1134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $750 to $12,500.

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 $750 to $12,500 with an average monthly rent of $2,826.

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 $1,420 to $22,483, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $2,610.

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.

Helpful Local Expert Guides

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Where to Live in the Greater Houston Area: A Local Expert's Guide to Suburbs Around H-Town

Written by: Lori Rosario

If you work in the heart of Houston and enjoy living close to multiple restaurants, bars, museums, and other entertainment opportunities, then the bustling, busy city is the place to be.

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Where to Stay in Houston: The 5 Best Neighborhoods for Short-Term Lease Options

Written by: Lori Rosario

One of the things I love about Houston is that, no matter what you need, want, or are looking for, you can find it here. There are great career and educational opportunities.

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The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

Written by: Lori Rosario

Houston, the fourth most-populous city in the United States and the most populous in the south, just can't seem to stop growing and expanding. People from all over the U.S.

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Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job

Written by: Lori Rosario

To say Houston is a bustling metropolitan area seems like an understatement. Everyone you turn, something is being built, be it gas stations, stores, office buildings, medical facilities, housing, or apartment complexes.

Articles, How-To's, and Tips

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.