Apartments for Rent in Richmond, KY

Prices and availability in Richmond, KY were last updated on 21 May 2026.

The best apartments in Richmond, KY are: Park Place, 210 St. George Street, Ty Lane Apartments, Reserves of Madison and Pebblecreek Crossing.

The average rent in Richmond, KY is $871.

The price range for a studio apartment in Richmond, KY is between $975 and $1,600.

The price range for a 1-bedroom apartment in Richmond, KY is between $650 and $979.

The price range for a 2-bedroom apartment in Richmond, KY is between $840 and $1,262.

The price range for a 3-bedroom apartment in Richmond, KY is between $1,120 and $1,550.

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 average age of rental buildings in Richmond is 28 years old, with 38% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 91% are garden-style apartment communities, 5% are mid-sized buildings, and 5% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Richmond come in a range of sizes and floorplans. Studio apartments represent 4% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 36% of the total apartments in the city, while 2-bedroom floorplans represent around 52% of all rentals in Richmond. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.