Homes & Apartments for Rent in Richmond, IN - 8 Rentals

Townhouse for rent at 200 N Salisbury Rd #3, Richmond, IN 47374

For Rent: 2 bed, 1.5 bath townhouse on Richmond's westside. Park in the designated lot or the detached garage. Unit comes with fridge, electric range and has W/D hookups. Tenant responsible for electric, gas, water, sanitation. Deposit equals 1 month's rent. No pets. No smoking. Range, Window Coverings, Wd Hookup, Laminate Counter Tops & Refrigerator.

Apartment for rent at 3001 W Cart Rd, Richmond, IN 47374

Updated - today

Managed by Richmond Flats

$575 - $650

Apartment2-4 Beds2-4 Baths

3001 W Cart Rd

Richmond, IN 47374

Welcome to Richmond Flats, presented by Richmond Flats. We have several units available for lease. For more information and to schedule a showing, please contact us. Water, Sewage, Trash & Internet.

Updated - today

Managed by Thrive Property Group

$875

Apartment2 Beds1 Bath860 ft²

4100 Royal Oaks Dr

Richmond, IN 47374

Welcome to Royal Oaks Apartments, presented by Thrive Property Group. We have several units available for lease. For more information and to schedule a showing, please contact us. Pet Friendly.

Updated - today

Managed by Pillario Property Management Richmond

$700 - $750

Apartment1 Bed1 Bath715 ft²

401 N 10th St

Richmond, IN 47374

Welcome to Atlas Apartments, presented by Pillario Property Management Richmond. We have several units available for lease. For more information and to schedule a showing, please contact us. Refrigerator, Electric Stove/Oven, Microwave & Stove.

Managed by Coldwell Banker Lingle

$700

Apartment1 Bed1 Bath860 ft²

4700 S A St

Richmond, IN 47374

Welcome to 300 - Park Ridge Commons Apartments, presented by Coldwell Banker Lingle. We have several units available for lease. For more information and to schedule a showing, please contact us. Coin -operated washer & dryer on ground floor of each building, Covered carport parking, Water, Sewer & Apartment Appliances.

Managed by Pillario Property Management Richmond

$600

Apartment2 Beds1 Bath

209-211 N 16th St

Richmond, IN 47374

Welcome to 209-211 N 16th Street, presented by Pillario Property Management Richmond. We have several units available for lease. For more information and to schedule a showing, please contact us. Washer/Dryer Hook-ups, Large Yard, Stove, Refrigerator, Spacious Kitchen, Master Suite, Living Room & Dining Room.

Featured

Managed by First Realty Group Property Management

$825

Apartment2 Beds1 Bath948 ft²

110 N 17th St #112 17

Richmond, IN 47374

For Rent: updated 2 bed, 1 bath half double just a block away from shopping, dining and down the street from Glen Miller Park. New windows, new paint, new light fixtures, new appliances, new floors downstairs and a brand new bathroom. This unit is light and airy and may be just right for you. (note: a new refrigerator, electric range, washer/dryer will be installed at the signing of a lease). No pets. No smoking. Tenant pays all utilities. Range, Dryer, Refrigerator & Washer.

Featured

Managed by MiddleTown Living

$1,500

House3 Beds2 Baths1,324 ft²

258 SW 2nd St

Richmond, IN 47374

This 3 bedroom, 2 bathroom house is located just a short walk away from local shops and restaurants in Richmond. It comes with high ceilings, air conditioning and large windows for plenty of natural light. There's also a front porch and fenced backyard perfect for outdoor entertaining. Have a furry friend? This unit is pet friendly as well. Appliances include a stove and refrigerator. Stove & Refrigerator. Pet Friendly.

Viewing 1-8 of 8 rentals in Richmond

What to Know About

Life in Richmond & Beyond

Richmond shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Richmond, IN

As of March 2025, Richmond's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Richmond's average rent is 43.7% ($565) lower than the Indiana average of $1,294 and 59.2% ($1,059) lower than the U.S. average of $1,788.

Average Rent

$729

Monthly ChangeMonth Over Month Change

0.7% ($5)

Yearly ChangeYear Over Year Change

5.3% ($41)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$714	13.7% ($86)	10.9% ($70)
2 Beds	$850	17.7% ($128)	14.9% ($110)
3 Beds	$1,116	18.1% ($171)	15.3% ($148)

Nearby Cities	Average Rent	Avg. Rent vs. RichmondAverage Rent vs. Richmond	Avg. Days on MarketAverage Days on Market
Connersville	$751	3% ($22)	33 days
West College Corner	$800	9.7% ($71)	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, IN.

What is the average rent in Richmond, IN?

The average rent in Richmond, IN is $729 per month.

What is the rental price range for homes in Richmond, IN?

Homes in Richmond typically rent for between $600 and $1,451 per month, with an average of $729 per month.

What is the average rent for different bedroom sizes in Richmond, IN?

In Richmond, the average rent for a 1-bedroom home is $714 per month, for a 2-bedroom home, $850 per month, and a 3-bedroom home is $1,116 per month.

How do rent prices in Richmond, IN compare with the national average?

The average rent in Richmond is 59.2% ($1,059) lower than the national average of $1,788 per month.

How have rent prices in Richmond, IN changed recently?

The average rent in Richmond has increased by 0.7% ($5) in the last month and decreased by 5.3% ($41) over the past year.

How competitive is the rental market in Richmond, IN?

The rental market in Richmond, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Richmond, IN?

In Richmond, IN, 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.

How many rental properties are available in Richmond, IN?

There are currently 8 rental properties available in Richmond, IN.

Can I afford to rent a home in Richmond, IN?

Based on the current averages, a household would need an annual income of $34,000 to comfortably afford a 2-bedroom home in Richmond.

Find Homes & Apartments for Rent in Richmond, IN

Life in Richmond & Beyond

Richmond, IN

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist Richmond to attract quality tenants faster and take your listings to the next level.