Rentometer, Inc. | Data as of 10/22/2025
Richmond, Texas offers a welcoming blend of historic charm and modern convenience, making it an appealing destination for renters seeking both community vibe and easy access to the DallasâFort Worth metro area. The cityâs wellâestablished neighborhoodsâfrom the treeâlined streets of the historic Downtown district to the familyâfriendly subdivisions near Lake Ray Hubbardâprovide a variety of housing styles. Residents enjoy nearby attractions such as the Richmond Commercial Historic District, River Walk Park, and convenient proximity to major highways, shopping centers, and reputable schools, which together enhance the overall quality of life for renters.
The local rental market reflects this diversity, with a range of options for singles, couples, and growing families. Oneâbedroom apartments typically fall in the $1400s, while larger twoâ and threeâbedroom units trend toward the $1900s to $2100 range. For those preferring a house, twoâbedroom homes are similarly priced in the $1400s, and threeâbedroom homes commonly reach the $2100s. Larger family homes with four or more bedrooms often command rates in the $2600s. This variety ensures that renters can find accommodations that align with their lifestyle and budget, whether they are looking for a lowâmaintenance apartment or a spacious house with a yard.
Beyond the numbers, Richmondâs rental community benefits from a strong sense of neighborliness and a growing array of local amenities, including restaurants, boutiques, and waterfront recreation. With its balanced mix of affordable pricing, convenient location, and vibrant community atmosphere, Richmond, TX remains a top choice for renters seeking a comfortable and engaging place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,435 | $1,412 | $1,051 - $2,147 | $1,242 - $1,465 |
| Apartment | 2 Bedroom | $1,909 | $2,004 | $1,331 - $2,248 | $1,672 - $2,153 |
| Apartment | 3 Bedroom | $2,114 | $2,120 | $1,900 - $2,317 | $2,000 - $2,317 |
| House | 2 Bedroom | $1,445 | $1,290 | $1,150 - $2,300 | $1,290 - $1,350 |
| House | 3 Bedroom | $2,095 | $2,100 | $1,445 - $2,800 | $1,800 - $2,350 |
| House | 4+ Bedroom | $2,632 | $2,600 | $1,345 - $4,800 | $2,400 - $2,800 |
In the current period, the average rent in Richmond was $1,397 for 1 Bedroom, $1,735 for 2 Bedroom, $2,097 for 3 Bedroom, and $2,582 for 4+ Bedroom.
Data provided by Rentometer, Inc.