Richmond, MI rental market
What is the average rent in Richmond, MI?
Rental market summary
The average rent for all bedrooms and all property types in Richmond, MI is $1,100.
Average rent
$1,100
Month-over-month change
$0
Year-over-year change
-$99
Available rentals
6
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $950 to $1,600.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,000 | 2 |
| $1,100 | 1 |
| $1,400 | 2 |
| $1,500 | 1 |
| $1,600+ | 1 |
Average rent price over time
In the last year, rent has decreased by $99 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $845 | $950 |
| Feb | $1,068 | $1,149 |
| Mar | $950 | $1,064 |
| Apr | $999 | $1,050 |
| May | $1,071 | $1,018 |
| Jun | $1,149 | $993 |
| Jul | $1,299 | $1,100 |
| Aug | $1,000 | $1,134 |
| Sep | $1,199 | $1,057 |
| Oct | $1,000 | $1,100 |
| Nov | $1,199 | No data |
| Dec | $954 | No data |
Market temperature
The Richmond, MI 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, MI is 45% lower than the national average.
$1,100
$2,000
Rent in Richmond, MI
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Rent trends near Richmond, MI
Frequently asked questions
1. What is the average rent in Richmond, MI?
2. What is the average rent for a one-bedroom apartment in Richmond, MI?
3. What is the average rent for a two-bedroom apartment in Richmond, MI?
4. How much does it cost to rent a house in Richmond, MI?
5. How has the rent in Richmond, MI changed in the last year?
6. How much has the rent in Richmond, MI increased/decreased in the last month?
7. How many available rentals are there in Richmond, MI?
8. How do rent prices in Richmond, MI compare with the national average?
