Richmond, IL rental market

What is the average rent in Richmond, IL?

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Last updated June 22, 2026

Rental market summary

The average rent for all bedrooms and all property types in Richmond, IL is $1,200.

Average rent

$1,200

Month-over-month change

-$5

Year-over-year change

$0

Available rentals

8

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,125 to $3,700.

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Rent frequencies
Rent priceNumber of rental properties
$1,1004
$1,2001
$1,4001
$1,6001
$1,8001
$3,6001
$3,700+1

Average rent price over time

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,250$1,205
Feb$1,200$1,357
Mar$1,205$1,385
Apr$1,172$1,205
May$1,175$1,200
Jun$1,250$1,205
Jul$1,174No data
Aug$1,150No data
Sep$1,300No data
Oct$1,300No data
Nov$1,230No data
Dec$1,205No data

Market temperature

The Richmond, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Richmond, IL is 40% lower than the national average.

Richmond, ILvs.

$1,200

$2,005

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Frequently asked questions

1. What is the average rent in Richmond, IL?

The average rent in Richmond, IL is $1,200.

2. What is the average rent for a one-bedroom apartment in Richmond, IL?

The average rent for a one-bedroom apartment in Richmond, IL is $1,175 per month.

3. What is the average rent for a two-bedroom apartment in Richmond, IL?

The average rent for a two-bedroom apartment in Richmond, IL is $1,695 per month.

4. What is the average rent for a three-bedroom apartment in Richmond, IL?

The average rent for a three-bedroom apartment in Richmond, IL is $3,700 per month.

5. How much does it cost to rent a house in Richmond, IL?

Houses in Richmond, IL rent between $1,125 - $3,700 with an average rent of $1,200.

6. How has the rent in Richmond, IL changed in the last year?

In the last year, the rent in Richmond, IL did not change.

7. How much has the rent in Richmond, IL increased/decreased in the last month?

In the last month, the rent in Richmond, IL decreased by $5

8. How many available rentals are there in Richmond, IL?

There are currently 8 rentals available in Richmond, IL.

9. How do rent prices in Richmond, IL compare with the national average?

The average rent in Richmond, IL is $1,200 — 40.15% lower the national average of $2,005.

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