Richmond, CA Rental Market Trends
What is the average rent in Richmond?
The average rent for an apartment in Richmond is $2,511, a 5% decrease compared to the previous year, when the average rent was $2,648.
Average Rent in Richmond, CA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,511||-5%||1,152 sq. ft.|
What is the average apartment size in Richmond?
The average size for a Richmond, CA apartment is 1,152 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Richmond, CA Apartment Rent Ranges
- > $2,00029%
Richmond, CA Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
12,180 or 32% of the households in Richmond, CA are renter-occupied while 24,908 or 67% are owner-occupied.
Richmond, CA Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Apr / 2021|
Average Rent in Richmond, CA By Neighborhood
|Cortez - Stege||$4,153|
|North & East||$2,511|
|Richmore Village - Metro Square||$2,511|
What are the most affordable neighborhoods in Richmond?
The most affordable neighborhoods in Richmond are Richmond Heights, where the average rent goes for $1,850/month, North & East, where renters pay $2,511/mo on average, and Park Plaza, where the average rent goes for $2,511/mo. If you’re looking for other great deals, check out the listings from Pullman ($2,511), Richmore Village - Metro Square ($2,511), and Atchinson Village ($4,153), where the asking prices are below the average Richmond rent of $2,511/mo.
What are the most expensive neighborhoods in Richmond?
The most expensive neighborhoods in Richmond are Richmond Annex ($4,153), Santa Fe ($4,153) and Southwest Annex ($4,153).
What are the most popular neighborhoods in Richmond?
The most popular neighborhood in Richmond is Park Plaza, where there are 1 verified RENTCafé listings with an average rent of $2,511. Next up is Pullman, where apartments go for $2,511/month, followed by Richmond Heights with $1,850 If you’re looking to rent in Richmond’s most popular neighborhoods, make sure to also check out Atchinson Village, where renters pay $4,153 on average, and Coronado, where the average monthly rent is $4,153.
Richmond | Rent Comparison by Neighborhood
Rent in Atchinson Village is the same as in Coronado
Atchinson Village rent is 65% higher than Richmond average
Coronado rent is 65% higher than Richmond average
How Richmond Compares to Other Cities
|Average Rent||Y-o-Y Change|