Median Age
32 Years
Largest Age Group
20-29 Years
Approximately 23% of Residents
Under 20
23%
Over 65
13%
Richmond
Richmond, KY Area Guide
Avg Rent
$911
Population
39,316
Renter Mix
58% Rent
Located in Kentucky's Bluegrass region, Richmond combines small-town atmosphere with contemporary living. As home to Eastern Kentucky University, the city maintains an active atmosphere while celebrating its historical heritage. Housing options range from historic properties near downtown to newer developments throughout the area. Current rental trends show one-bedroom apartments averaging $858 monthly, while two-bedroom units typically rent for $972, reflecting a 4.2% year-over-year increase - remaining more affordable than many larger Kentucky cities.
Richmond offers both recreational opportunities and cultural attractions. The annual Millstone Festival showcases local heritage through arts and music. Outdoor enthusiasts can explore the surrounding Bluegrass landscape and nearby Fort Boonesborough State Park. History enthusiasts will appreciate the Battle of Richmond Battlefield Park, which preserves an important Civil War site. As Madison County's seat and one of the largest cities in the Bluegrass region, Richmond serves as a regional center with shopping districts along the Eastern Bypass and throughout downtown. Eastern Kentucky University adds to the community through its educational programs, arts events, and NCAA Division I athletics.
Demographics
Median Household Income
$42,313
Average: $63,549
Education
12,414
Residents Have a Degree
Job Market
20,364
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Richmond has more renters than homeowners.
Renters
58%
Non-Renters
42%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
23%
Other Education
77%
Rent Trends
As of May 2026, the average apartment rent in Richmond, KY is $825 for a studio, $911 for one bedroom, $1,078 for two bedrooms, and $1,445 for three bedrooms. Apartment rent in Richmond has increased by 2.8% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$911/month
704 Sq Ft
House
$2,197/month
1,693 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Richmond, KY is for everyday living.
Somewhat Walkable
Walkability
20
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Somewhat Bikeable
Bikeability
20
/ 100
Scores provided by
Schools
Public
Grades PK-5
417 Students
Public
Grades PK-5
688 Students
Public
Grades K-5
362 Students
Glenn R Marshall Elementary School
Public
Grades K-5
468 Students
Public
Grades K-5
442 Students
Public
Grades 6-8
536 Students
Public
Grades 6-8
572 Students
B. Michael Caudill Middle School
Public
Grades 6-8
535 Students
Public
Grades 6-8
363 Students
Model Laboratory Middle School
Public
Grades 6-8
190 Students
Public
Grades 9-12
348 Students
Public
Grades 9-12
2,093 Students
Middle College At Eastern Kentucky
Public
Grades 11-12
39 Students
Public
Grades 9-12
Madison County Area Technology Center
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Hummel Planetarium
- White Hall State Historic Site
Military Bases
Airports
- Blue Grass
Top Apartments in Richmond
Houses for Rent in Richmond
Search Nearby Rentals
Nearby City Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.