Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Richmond & Beyond
Richmond shares many of the great qualities that make California a desirable place to live.
California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.
There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.
With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.
Rental Market Trends
Richmond, CA
As of June 2026, Richmond's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Richmond's average rent is 12.6% ($348) lower than the California average of $2,756 and 34.0% ($611) higher than the U.S. average of $1,797.
Average Rent
$2,408
Monthly ChangeMonth Over Month Change
7.4% ($166)
Yearly ChangeYear Over Year Change
2.9% ($69)
Avg. Days on MarketAverage Days on Market
31
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,868 | 1% ($18) | 5.2% ($102) |
| 2 Beds | $2,442 | 2.2% ($53) | 0.8% ($20) |
| 3 Beds | $3,147 | 2.1% ($67) | 3.6% ($109) |
| Nearby Cities | Average Rent | Avg. Rent vs. RichmondAverage Rent vs. Richmond | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| San Pablo | $2,503 | 3.9% ($95) | 32 days |
| El Cerrito | $2,063 | 14.3% ($345) | 37 days |
| El Sobrante | $2,612 | 8.5% ($204) | 38 days |
| Albany | $3,460 | 43.7% ($1052) | 32 days |
| Pinole | $2,691 | 11.8% ($283) | 35 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Richmond Rental Market FAQs
Explore rental prices, market trends, and availability in Richmond, CA.
The average rent in Richmond, CA is $2,408 per month.
Apartments in Richmond typically rent for between $1,308 and $4,091 per month, with an average of $2,408 per month.
In Richmond, the average rent for a 1-bedroom apartment is $1,868 per month, for a 2-bedroom apartment, $2,442 per month, and a 3-bedroom apartment is $3,147 per month.
The average rent in Richmond is 34% ($611) higher than the national average of $1,797 per month.
The average rent in Richmond has increased by 7.4% ($166) in the last month and increased by 2.9% ($69) over the past year.
The rental market in Richmond, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Richmond, CA, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 40 rental properties available in Richmond, CA.
Based on the current averages, a household would need an annual income of $97,680 to comfortably afford a 2-bedroom apartment in Richmond.
