Apartments for Rent in Richmond, KY

Prices and availability in Richmond, KY were last updated on 1 Oct 2026.

The best apartments in Richmond, KY are: Ty Lane Apartments, Fountain Brook Apartments, Ash Park Apartments, Twin Lakes Apartments and Richmond Green 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 $840 and $1,450.

The price range for a 3-bedroom apartment in Richmond, KY is between $927 and $1,450.

In Richmond 62% of the housing is rented out compared to 38% of homes are owned, according to the most recent Census Bureau estimates. 4% of Richmond's apartments are found in large buildings of 50 units or more, 82% are located in smaller apartment complexes with less than 50 units, and 13% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Richmond are about 28 years old, on average. Of these, 38% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 91% of the rental communities here are low-rise, garden-style communities, 5% are mid-rises, and 5% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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.