Silos Harvest Green
3502 Harvest Bounty Dr,
Richmond, TX 77406
1-3 Beds | $1,520 - $2,620
Rental Market Trends in Richmond, TX
What is the average rent in Richmond, TX?
$1,337/month
Average Rent
769 Sq Ft
Average Apartment Size
+0.6%
Increase in the Last Year
As of December 2024, the average rent in Richmond, TX is $1,337 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Richmond rent prices are 14% lower than the national average. When you rent an apartment in Richmond, you can expect to pay about $870 per month for a studio, $1,337 for a one-bedroom apartment, and around $1,755 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,274 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Richmond, TX?
In the past year, rent has increased by 0.6%, which averages out to $9 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Richmond, TX
Last Updated December 2024
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
15%
$700 - $1,000/month
34%
$1,001 - $1,500/month
45%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Richmond?
Based on current rent prices, Grand Mission, Waterside and Pecan Grove are the most affordable neighborhoods in Richmond.
Neighborhood
Average Rent
Average Sq Ft
Which Richmond neighborhoods have the most rentals available?
The neighborhoods in Richmond with the most apartments available are Lakemont, Aliana and Grand Mission .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Richmond, TX?
Because the average rent in Richmond is $1,337, you’ll want to make about $4,456 per month or $53,472 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Richmond, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Richmond, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,420/month
One Bedroom
$1,225/month
$1,389/month
Two Bedroom
$1,691/month
$1,908/month
Three Bedroom
$1,890/month
$2,557/month
Nearby City Rent Trends
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Venterra
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Allied Orion
-
74
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249,240
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38
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BSR Real Estate Investment Trust
-
28
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19
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Willow Bridge
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.