Cheap Homes for Rent in Richmond, TX from $700 (85 Rentals)

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

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.

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property at 912 Jennetta St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

912 Jennetta St

RosenbergTX77471

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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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.

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property at 1200 Carlisle St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 1 Bath Home for Rent

Available Now

1200 Carlisle St

RosenbergTX77471

Cash 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.

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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.

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Richmond, TX Local Guide

Cheapest Neighborhoods for Apartments in Richmond, TX

Pricing Updated: 05/21/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Aliana$2,443$960207
Waterside$2,479$960139
Pecan Grove$2,529$516259

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, TX is a 1 Bed unit found at Allora Bella Terra in the Firethorne neighborhood priced from $955. Waterside Village in the Mission Sierra neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Allora Bella Terra1 Bed, 1 Bath B (80% Income Restricted)1BR,1BA$955
Waterside Village1x11BR,1BA$960
Bayou Bend ApartmentsA11BR,1BA$1,019
Brazos RanchS1Studio,1BA$1,022
Brittany Square1X1- 798 sqft1BR,1BA$1,035
Grand FountainA11BR,1BA$1,043
Marquis Grand Lakes1D1BR,1BA$1,054
Residences at River Park WestA21BR,1BA$1,060
Springs at Summer ParkStudio Grand CourtyardStudio,1BA$1,076
Deseo at Grand MissionA11BR,1BA$1,081

Best Value Apartments for Rent in Richmond, TX

As of May 21, 2026 the best value apartment in the Richmond area is the $1.48 price per square foot C1 Model at Echelon on 99 in the in the Chelsea Harbour neighborhood starting from $2,070. The second greatest value Richmond apartment is the Vanderbuilt A Model at Advenir at Grand Parkway West starting at $1,888 with a $1.44 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$1.48
Advenir at Grand Parkway WestVanderbuilt A3BR,2BA$1.44
Marquis Grand Lakes3A3BR,2BA$1.49
Prose District WestB22BR,2BA$1.46
Grand FountainA21BR,1BA$1.50
The Waterford at Summer ParkB12BR,1BA$1.51
Brittany Square2X2- 888sqft2BR,2BA$1.40
Deseo at Grand MissionA31BR,1BA$1.47
Bayou Bend ApartmentsA11BR,1BA$1.48
Waterside Village1x11BR,1BA$1.51

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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Quick 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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Best Local Schools in
Richmond, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 134 Apartments for Rent in Richmond, TX with pricing that ranges from $516 to $6,621. There are also 739 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 $2,508.

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 $1,400 to $5,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,300. Four Bedroom Single-Family rentals are also available starting from $1,820 and Four Bedroom Apartments start at $2,519.

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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The 10 Best Affordable Neighborhoods in Houston, TX

Written by: Lori Rosario

Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

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

Written by: Lori Rosario

Houston is home to insane traffic, the nation's most complex highway system, and unstable weather that will leave you wondering if the four seasons are still a thing.

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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.

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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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.