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2 Bedroom Apartments for Rent in Richmond, KY - 4 Rentals available

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  • Apartment in Richmond

    633 Big Hill Avenue, Richmond, KY 40475
    $590 - $861
    • 1-3 Beds
    • 1 Bath
    Alco Management
    Available Today!
    (859) 623-8860
  • Apartment in Richmond

    418 Big Hill Avenue, Richmond, KY 40475
    $558 - $665
    • 1-2 Beds
    • 1 Bath
    The Woda Group
    (859) 314-8656

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Richmond, KY Demographics

  • Total Population33,993
  • Female 15,874
    Male 18,119
  • Median Age25.8

Average Rent in Richmond, KY

  • Richmond, KY Average Rental Price, February 2019$682/mo

Richmond, KY Apartment Rent Ranges

  • < $50022%
  • $501-$70040%
  • $701-$1,00038%

Richmond, KY Rent Trends

Average Rent May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Richmond, KY $683 $661 $654 $654 $682
National $1,354 $1,366 $1,366 $1,381 $1,396
/

Check out the average rent prices in Richmond by neighborhood.

Richmond, KY Households

  • Total Number of Households12,954
  • Family 6,251
    Non-family 6,703
  • Children 3,385
    No Children 9,569
  • Average People Per Household2.25
  • Median Household Income$34,754
  • Median Housing Costs Per Month$677

Richmond, KY Education Statistics

  • No High School3%
  • Some High School37%
  • Some College23%
  • Associate Degree7%
  • Bachelor Degree20%
  • Graduate Degree10%

Renting a 2 bedroom apartment in Richmond, KY

Renting a 2 bedroom apartment is ideal if you’re living with someone else, whether it’s your partner, your roommate, or your whole family. The second bedroom gives you enough space for more than one person or can come in handy as a home office that doubles as a guest bedroom. Your apartment quest is going to be different depending on where and what you’re looking for. If you’re focusing on more expensive neighborhoods, like Richmond, rent prices for 2-bedroom apartments can run up to $854. If you’re looking primarily in affordable neighborhoods, like Richmond, you will find cheap 2 bedroom apartments with rents as low as $558.

Things to remember when looking for a cheap 2 bedroom apartment in Richmond, KY

There is a series of factors that determine the price of a rental apartment in Richmond, KY. Its location is probably at the top of the list. The closer a building is to the city center, or to a public transportation station, the more expensive it is. The same goes for buildings located in popular areas with a high density of quality dining, shopping and entertainment options. That’s because most renters would rather be close to where things are happening, thus creating an increased demand for those apartments. Another determinant is the quality of the building, as in how old it is, how well maintained, what amenities it offers. Similarly, the quality of the apartment unit itself is a factor. A furnished apartment will most certainly cost more than an unfurnished one. One that has newer appliances, or has been remodeled recently, is going to demand a higher price. On the flip side, you can find some really good deals if none of these factors are a priority for you. There are 2 apartment buildings in Richmond, KY you can explore that offer all types of floor plans, including cheap 2 bedroom apartments.