Richmond, TX Rental Market Trends
Highlights
The average rent for an apartment in Richmond is $1,134, a 1% increase compared to the previous year, when the average rent was $1,125.
Average Rent in Richmond, TX
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,134 | 1% | 921 sq. ft. |
The average size for a Richmond, TX apartment is 921 square feet, but this number varies greatly depending on apartment type. 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, TX Apartment Rent Ranges
- < $5001%
- $501-$7004%
- $701-$1,00031%
- $1,001-$1,50054%
- $1,501-$2,00010%
Richmond, TX Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | May / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Richmond, TX | $1,104 | $1,123 | $1,122 | $1,074 | $1,079 | $1,125 | $1,107 | $1,107 | $1,134 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average Rent in Richmond, TX By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Wheaton | $1,063 | ||||
| The Trails at Seabourne Park | $1,063 | ||||
| Tara Colony | $1,063 | ||||
| Sunrise Meadows | $1,063 | ||||
| Sun Ranch | $1,063 | ||||
| Sanford | $1,063 | ||||
| Rose Ranch | $1,063 | ||||
| Riverwood Village | $1,063 | ||||
| Riverpark West | $1,063 | ||||
| River Mist | $1,063 | ||||
| Pleak | $1,063 | ||||
| Pecan Acres | $1,063 | ||||
| Heritage Heights Acres | $1,063 | ||||
| Hartfiel | $1,063 | ||||
| Habitat Division | $1,063 | ||||
| Dove Meadows | $1,063 | ||||
| Clairmont Acres | $1,063 | ||||
| Canyon Lakes at The Brazos | $1,063 | ||||
| Bridlewood Estates | $1,063 | ||||
| Breckenridge | $1,063 | ||||
| Brazos Village | $1,063 | ||||
| Brazos Lakes | $1,063 | ||||
| Booth | $1,063 | ||||
| Blume | $1,063 | ||||
| Belmont | $1,063 | ||||
| Bayou Estates | $1,063 | ||||
| Withers Ridge | $1,166 | ||||
| West Oaks Village | $1,166 | ||||
| Twin Oaks Village | $1,166 | ||||
| Mission Sierra | $1,166 | ||||
| Lakemont | $1,166 | ||||
| Grand Mission Estates | $1,166 | ||||
| Champion Spring | $1,166 | ||||
| Aliana | $1,166 | ||||
| Shiloh Lake Estates | $1,201 | ||||
| Houstonian Golf Club | $1,201 | ||||
| Grand Meadow | $1,201 | ||||
| Bradford Park | $1,201 | ||||
| Westheimer Lakes | $1,251 | ||||
| Westcreek | $1,251 | ||||
| Waterside Estates | $1,251 | ||||
| Texana Plantation | $1,251 | ||||
| Royal Estates | $1,251 | ||||
| Rolling Creek | $1,251 | ||||
| River Forest | $1,251 | ||||
| Reyes | $1,251 | ||||
| Regency Creek Estates | $1,251 | ||||
| Pine Hill Ranchettes | $1,251 | ||||
| Pecan Hollow | $1,251 | ||||
| Pecan Chase | $1,251 | ||||
| Olde Pecan Plantation | $1,251 | ||||
| Oak Hill Estates | $1,251 | ||||
| Meadow Forest | $1,251 | ||||
| Lakes of Bella Terra | $1,251 | ||||
| Hunterwood | $1,251 | ||||
| Heritage Farms | $1,251 | ||||
| Heart Lake Ranch | $1,251 | ||||
| Grand River | $1,251 | ||||
| Goldenrod Estates | $1,251 | ||||
| Foster Crossing | $1,251 | ||||
| Falcon Junction | $1,251 | ||||
| Estates of Brazoswood | $1,251 | ||||
| Edgewood | $1,251 | ||||
| Creek Colony Estates | $1,251 | ||||
| Brynmawr Lake | $1,251 | ||||
| Bella Vista | $1,251 | ||||
The most affordable neighborhoods in Richmond are Bayou Estates, where the average rent goes for $1,063/month, Belmont, where renters pay $1,063/mo on average, and Blume, where the average rent goes for $1,063/mo. If you’re looking for other great deals, check out the listings from Booth ($1,063), Brazos Lakes ($1,063), and Brazos Village ($1,063), where the asking prices are below the average Richmond rent of $1,134/mo.
The most expensive neighborhoods in Richmond are Waterside Estates ($1,251), Westcreek ($1,251) and Westheimer Lakes ($1,251).
Richmond | Rent Comparison by Neighborhood
Rent in Aliana is 10% higher than in Bayou Estates
Aliana rent is 3% higher than Richmond average
| Average Rent | $1,166 |
|---|
Bayou Estates rent is 6% lower than Richmond average
| Average Rent | $1,063 |
|---|
How Does Richmond Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Richmond | $1,134 | 1% |
| Missouri City | $1,238 | -2% |
| Sugar Land | $1,321 | 2% |
| Stafford | $1,177 | 2% |
| Cinco Ranch | $1,278 | n/a |
| Mission Bend | $839 | 5% |
| Pecan Grove | $1,251 | -5% |
| Meadows Place | $1,177 | 2% |
| Rosenberg | $1,022 | 4% |
| Sienna Plantation | $1,262 | -3% |
For more information about the Richmond rental trends, check out our monthly rent report