Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Richmond West, FL Rental Market Trends
What is the average rent in Richmond West?
The average rent for an apartment in Richmond West is $1,889, a 2% increase compared to the previous year, when the average rent was $1,844.
Average Rent in Richmond West, FL
Last updated April 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,889 | 2% | 1,068 sq. ft. |
What is the average apartment size in Richmond West?
The average size for a Richmond West, FL apartment is 1,068 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 West, FL Apartment Rent Ranges
- $1,001-$1,5007%
- $1,501-$2,00070%
- > $2,00023%
Richmond West, FL Occupied Housing Units
- Renter-occupied Households11%
- Owner-occupied Households88%
1,116 or 11% of the households in Richmond West, FL are renter-occupied while 8,745 or 88% are owner-occupied.
Richmond West, FL Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Richmond West, FL | $1,657 | $1,657 | $1,717 | $1,688 | $1,787 | $1,740 | $1,844 | $1,789 | $1,693 | $1,889 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
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How Richmond West Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,162 | 4% |
| Kissimmee | $1,363 | n/a |
| Miami | $1,737 | n/a |
| Tampa | $1,418 | 4% |
| Orlando | $1,420 | -1% |
| Fort Lauderdale | $2,031 | n/a |
| Homestead | $1,338 | 4% |
| Hollywood | $1,481 | 1% |
| Hialeah | $1,430 | 3% |
| Miami Beach | $2,025 | n/a |
| Richmond West | $1,889 | 2% |
Most Popular Apartments in Richmond West
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Richmond West apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.