Rentometer, Inc. | Data as of 10/22/2025
Richmond, Illinois offers a welcoming rental market that balances small‑town charm with convenient access to larger urban centers. Prospective renters will find a variety of modern apartment communities throughout the city, many situated near the historic downtown corridor, scenic Riverfront Park, and the nearby campus of Blackhawk College. These neighborhoods provide easy walks to local cafés, boutique shops, and cultural events, making Richmond an attractive option for both young professionals and families seeking a vibrant yet relaxed lifestyle.
The city's rental inventory is dominated by apartments, with a strong selection of one‑bedroom units that cater to individuals and couples alike. Current market data shows that one‑bedroom apartments typically fall within the $1200 range, reflecting an affordable price point relative to neighboring areas. Residents enjoy contemporary floor plans, updated appliances, and access to community amenities such as fitness centers, outdoor spaces, and on‑site parking. Proximity to major highways also ensures a smooth commute to the nearby employment hub of Rockford and the broader Chicago metropolitan region.
Beyond housing, Richmond boasts a rich blend of natural and cultural attractions. The nearby Rock River Trail offers scenic biking and walking paths, while the annual Richmond Heritage Festival celebrates the city’s history and community spirit. With its blend of affordable apartment options, convenient location, and welcoming atmosphere, Richmond, IL continues to be a desirable destination for renters looking to settle in a friendly Midwestern community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,251 | $1,230 | $1,150 - $1,375 | $1,150 - $1,375 |
In the current period, the average rent in Richmond was
$1,252 for 1 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.