Apartments for Rent in Richmond, KY

Prices and availability in Richmond, KY were last updated on 12 Nov 2026.

The best apartments in Richmond, KY are: Park Place, Reserves of Madison, Ty Lane Apartments, Ash Park Apartments and Fountain Brook Apartments.

The average rent in Richmond, KY is $871.

The price range for a 1-bedroom apartment in Richmond, KY is between $740 and $979.

The price range for a 2-bedroom apartment in Richmond, KY is between $795 and $1,056.

The price range for a 3-bedroom apartment in Richmond, KY is between $1,120 and $1,600.

In Richmond, 62% of the residents are renting compared to 38% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Richmond's rentals, 82% are small-scale complexes with under 50 units, and 13% are single-family rentals.

The average age of rental buildings in Richmond is 28 years old, with 38% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 91% are garden-style apartment communities, 5% are mid-sized buildings, and 5% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Richmond are around 4% of rentals, while 1-bedroom floor plans represent 36% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 52% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.