Richmond, IN rental market
What is the average rent in Richmond, IN?
Last updated August 17, 2026
Rental market summary
The average rent for all bedrooms and all property types in Richmond, IN is $850.
Average rent
$850
Month-over-month change
+$53
Year-over-year change
+$25
Available rentals
52
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $375 to $8,000.
| Rent price | Number of rental properties |
|---|---|
| $0 | 2 |
| $500 | 6 |
| $600 | 12 |
| $700 | 6 |
| $800 | 9 |
| $900 | 13 |
| $1,000 | 5 |
| $1,100 | 2 |
| $1,200 | 4 |
| $1,300 | 2 |
| $1,600 | 1 |
| $1,700 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has increased by $25 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $750 | $750 |
| Feb | $801 | $786 |
| Mar | $795 | $825 |
| Apr | $750 | $900 |
| May | $750 | $925 |
| Jun | $786 | $925 |
| Jul | $786 | $750 |
| Aug | $786 | $800 |
| Sep | $1,000 | No data |
| Oct | $900 | No data |
| Nov | $786 | No data |
| Dec | $800 | No data |
Market temperature
The Richmond, IN 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Richmond, IN is 57% lower than the national average.
$850
$2,000
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Frequently asked questions
1. What is the average rent in Richmond, IN?
2. What is the average rent for a studio apartment in Richmond, IN?
3. What is the average rent for a one-bedroom apartment in Richmond, IN?
4. What is the average rent for a two-bedroom apartment in Richmond, IN?
5. What is the average rent for a three-bedroom apartment in Richmond, IN?
6. What is the average rent for a four-bedroom apartment in Richmond, IN?
7. How much does it cost to rent a house in Richmond, IN?
8. How has the rent in Richmond, IN changed in the last year?
9. How much has the rent in Richmond, IN increased/decreased in the last month?
10. How many available rentals are there in Richmond, IN?
11. How do rent prices in Richmond, IN compare with the national average?
Nearby areas
