Richmond, IL rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Richmond, IL is $1,300.
$1,300
+$135
+$200
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,150 to $1,700.
| Rent price | Number of rental properties |
|---|---|
| $1,100 | 2 |
| $1,200 | 1 |
| $1,300 | 2 |
| $1,700+ | 1 |
Average rent price over time
In the last year, rent has increased by $200 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,195 | $1,250 |
| Feb | $1,075 | $1,200 |
| Mar | $1,100 | $1,205 |
| Apr | $1,076 | $1,172 |
| May | $1,125 | $1,175 |
| Jun | $1,050 | $1,250 |
| Jul | $1,100 | $1,174 |
| Aug | $1,100 | $1,150 |
| Sep | $1,150 | No data |
| Oct | $1,250 | No data |
| Nov | $1,100 | No data |
| Dec | $1,130 | No data |
Market temperature
The Richmond, IL rental market temperature is WARM. 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, IL is 38% lower than the national average.
$1,300
$2,100
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Frequently asked questions
1. What is the average rent in Richmond, IL?
The average rent in Richmond, IL is $1,300.
2. How much does it cost to rent a house in Richmond, IL?
Houses in Richmond, IL rent between $1,150 - $1,700 with an average rent of $1,300.
3. How has the rent in Richmond, IL changed in the last year?
In the last year, the rent in Richmond, IL increased by $200
4. How much has the rent in Richmond, IL increased/decreased in the last month?
In the last month, the rent in Richmond, IL increased by $135
5. How many available rentals are there in Richmond, IL?
There are currently 5 rentals available in Richmond, IL.
6. How do rent prices in Richmond, IL compare with the national average?
The average rent in Richmond, IL is $1,300 — 38.1% lower the national average of $2,100.