Apartments for Rent in Richmond, TX

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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 October 2026, Richmond's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Richmond's average rent is 74.5% ($1,085) higher than the Texas average of $1,457 and 39.7% ($723) higher than the U.S. average of $1,819.

Average Rent
$2,542
Monthly ChangeMonth Over Month Change
Increased24.8% ($505)
Yearly ChangeYear Over Year Change
Increased67.7% ($1026)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,295 Increased7.5% ($90) Increased9.2% ($109)
2 Beds $2,351 Increased33.4% ($588) Increased49.2% ($775)
3 Beds $2,636 Increased4.8% ($121) Increased32.7% ($650)
Nearby Cities Average Rent Avg. Rent vs. RichmondAverage Rent vs. Richmond Avg. Days on MarketAverage Days on Market
Sugar Land $1,656 Decreased34.9% ($886) 39 days
Rosenberg $1,455 Decreased42.8% ($1087) 47 days
Stafford $2,429 Decreased4.4% ($113) 60 days
Fulshear $2,383 Decreased6.3% ($159) 61 days
Katy $2,362 Decreased7.1% ($180) 42 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 $2,542 per month.
Apartments in Richmond typically rent for between $907 and $3,427 per month, with an average of $2,542 per month.
In Richmond, the average rent for a 1-bedroom apartment is $1,295 per month, for a 2-bedroom apartment, $2,351 per month, and a 3-bedroom apartment is $2,636 per month.
The average rent in Richmond is 39.7% ($723) higher than the national average of $1,819 per month.
The average rent in Richmond has increased by 24.8% ($505) in the last month and increased by 67.7% ($1,026) over the past year.
The rental market in Richmond, TX, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Richmond, TX, the average rental stays on the market for approximately 40 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 94 rental properties available in Richmond, TX.
Based on the current averages, a household would need an annual income of $94,040 to comfortably afford a 2-bedroom apartment in Richmond.
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