Apartments for Rent in 77407

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What to Know About

Life in Richmond & Beyond

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

Texas is a state known for its rich history, diverse culture, and abundant natural beauty. Learn the history and tradition of this place by visiting iconic sites like the Alamo, San Jacinto Monument, and the Texas State Capitol. Texas is also home to top-notch universities like the University of Texas at Austin, Texas A&M University, and Rice University. In addition, a blend of the energy, technology, and agriculture industries sustains a robust economy in Texas.

Texas offers a range of adventures, from scenic drives in the Hill Country to the beautiful beaches of South Padre Island. Sports fans can enjoy the Dallas Cowboys (NFL), Houston Texans (NFL), Dallas Stars (NHL), Houston Astros (MLB), Texas Rangers (MLB), Houston Rockets (NBA), San Antonio Spurs (NBA), and Dallas Mavericks (NBA) at venues like AT&T Stadium or Minute Maid Park, or cheer on the state's many fantastic college sports teams. In addition, make sure to take advantage of famous attractions like the Space Center Houston, the San Antonio Riverwalk, or the Fort Worth Stockyards.

With its thriving economy, affordable living, and welcoming communities, embrace the Lone Star State and see why Texas is such a great place to live.

Rental Market Trends

Richmond, TX

As of June 2026, Richmond's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Richmond's average rent is 3.0% ($42) higher than the Texas average of $1,408 and 19.3% ($347) lower than the U.S. average of $1,797.

Average Rent
$1,450
Monthly ChangeMonth Over Month Change
Increased1.8% ($26)
Yearly ChangeYear Over Year Change
Decreased15.4% ($263)
Avg. Days on MarketAverage Days on Market
61
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,139 Decreased0.2% ($2) Decreased5.9% ($72)
2 Beds $1,549 Increased2.1% ($32) Decreased8.2% ($138)
3 Beds $2,002 Decreased1.5% ($30) No change
Nearby Cities Average Rent Avg. Rent vs. RichmondAverage Rent vs. Richmond Avg. Days on MarketAverage Days on Market
Sugar Land $1,654 Increased14.1% ($204) 69 days
Rosenberg $1,411 Decreased2.7% ($39) 62 days
Stafford $1,499 Increased3.4% ($49) 60 days
Missouri City $2,042 Increased40.8% ($592) 43 days
Katy $1,468 Increased1.2% ($18) 44 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, TX.

The average rent in Richmond, TX is $1,450 per month.
Apartments in Richmond typically rent for between $797 and $2,603 per month, with an average of $1,450 per month.
In Richmond, the average rent for a 1-bedroom apartment is $1,139 per month, for a 2-bedroom apartment, $1,549 per month, and a 3-bedroom apartment is $2,002 per month.
The average rent in Richmond is 19.3% ($347) lower than the national average of $1,797 per month.
The average rent in Richmond has increased by 1.8% ($26) in the last month and decreased by 15.4% ($263) over the past year.
The rental market in Richmond, TX, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Richmond, TX, the average rental stays on the market for approximately 61 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 107 rental properties available in Richmond, TX.
Based on the current averages, a household would need an annual income of $61,960 to comfortably afford a 2-bedroom apartment in Richmond.
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