Richmond, IN rental market
Last updated August 10, 2025
Rental market summary
The average rent for all bedrooms and all property types in Richmond, IN is $800.
$800
-$72
+$100
36
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $335 to $1,800.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $500 | 3 |
| $600 | 8 |
| $700 | 9 |
| $800 | 7 |
| $900 | 3 |
| $1,000 | 4 |
| $1,100 | 1 |
| $1,200 | 1 |
| $1,600 | 1 |
| $1,700 | 2 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $100 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $700 | $750 |
| Feb | $650 | $801 |
| Mar | $800 | $795 |
| Apr | $750 | $750 |
| May | $750 | $750 |
| Jun | $695 | $786 |
| Jul | $715 | $786 |
| Aug | $675 | $786 |
| Sep | $780 | No data |
| Oct | $775 | No data |
| Nov | $885 | No data |
| Dec | $725 | No data |
Market temperature
The Richmond, IN rental market temperature is HOT. 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, IN is 62% lower than the national average.
$800
$2,100
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Frequently asked questions
1. What is the average rent in Richmond, IN?
The average rent in Richmond, IN is $800.
2. How much does it cost to rent a house in Richmond, IN?
Houses in Richmond, IN rent between $335 - $1,800 with an average rent of $800.
3. How has the rent in Richmond, IN changed in the last year?
In the last year, the rent in Richmond, IN increased by $100
4. How much has the rent in Richmond, IN increased/decreased in the last month?
In the last month, the rent in Richmond, IN decreased by $72
5. How many available rentals are there in Richmond, IN?
There are currently 36 rentals available in Richmond, IN.
6. How do rent prices in Richmond, IN compare with the national average?
The average rent in Richmond, IN is $800 — 61.9% lower the national average of $2,100.