Richmond, TX Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Richmond is $1,541, a 0.75% decrease compared to the previous year, when the average rent was $1,553.
One-bedroom apartments provide 773 square feet for $1,312, balancing privacy and affordability.
Two-beedroom units at $1,747 offer 1,142 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,444 sq ft) for $2,176, suitable for larger households.
Average rent in Richmond, TX
Last updated: April 22, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,541 | 963 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,312 | 773 sq. ft. |
| 2 Beds | $1,747 | 1,142 sq. ft. |
| 3 Beds | $2,176 | 1,444 sq. ft. |
Richmond, TX rent trends
Rental prices in Richmond, TX have decreased by 0.75% over the past year. The average rent moved from $1,553 to $1,541.
What's the typical rent budget in Richmond, TX?
The largest share of rentals in Richmond, TX (48%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Richmond, TX?
1,768 or 40% of the households in Richmond, TX are renter-occupied while 2,664 or 60% are owner-occupied.
Most affordable neighborhoods in Richmond?
Withers Ridge $1,423/month
Blume $1,559/month
Lakemont $1,575/month
All of these neighborhoods fall below the city wide average of $1,541/month.Most expensive neighborhoods in Richmond?
Grand Meadow $1,684/month
Aliana $1,748/month
Brazos Village $1,760/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Richmond, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brazos Village | $1,760 |
| Aliana | $1,748 |
| Grand Meadow | $1,684 |
| Riverpark West | $1,607 |
| Bradford Park | $1,602 |
| Lakemont | $1,575 |
| Blume | $1,559 |
| Withers Ridge | $1,423 |
/
Richmond | Rent Comparison by Neighborhood
Rent in Aliana is 12% higher than in Blume
$1,748
Aliana rent is 13% higher than Richmond average
Average Rent
$1,748
$1,559
Blume rent is 1% higher than Richmond average
Average Rent
$1,559
How Richmond Compares to Other Cities
| City | Average Rent |
|---|---|
| Richmond | $1,541 |
| Houston | $1,349 |
| Dallas | $1,588 |
| San Antonio | $1,266 |
| Austin | $1,638 |
| Fort Worth | $1,438 |
| Irving | $1,487 |
| El Paso | $1,106 |
| Killeen | $1,088 |
| Plano | $1,690 |
| Spring | $1,470 |
| Katy | $1,592 |
| Cypress, TX | $1,682 |
| Missouri City, TX | $1,621 |
| Pearland, TX | $1,599 |
| Sugar Land, TX | $1,610 |
| Pasadena, TX | $1,111 |
| Stafford, TX | $1,491 |
| Rosenberg, TX | $1,278 |
| Webster, TX | $1,279 |
| Hockley, TX | $1,822 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Richmond apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.