Lofts at Innovation Center
2895 Pauling Ave,
Richland, WA 99354
Studio - 2 Beds | $1,325 - $2,544
Rental Market Trends in Richland, WA
What is the average rent in Richland, WA?
$1,362/month
Average Rent
705 Sq Ft
Average Apartment Size
+0.5%
Increase in the Last Year
As of June 2025, the average rent in Richland, WA is $1,362 per month. This is 16% lower than the national average rent of $1,627/month, making renting in Richland more affordable than most cities in the US. When you rent an apartment in Richland, you can expect to pay about $1,184 per month for a studio, $1,362 for a one-bedroom apartment, and around $1,640 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,046 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 Richland, WA?
In the past year, rent has increased by 0.5%, which averages out to $7 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 June 2025
Legend
2024
2025
Rent Ranges in Richland, WA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
11%
$700 - $1,000/month
41%
$1,001 - $1,500/month
41%
$1,501 - $2,000/month
7%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Richland?
Based on current rent prices, The Meadows East and The Meadows North" are the most affordable neighborhoods in Richland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Richland?
Based on current rent prices, The Meadows East and The Meadows North" are the most expensive neighborhoods in Richland.
Neighborhood
Average Rent
Average Sq Ft
Which Richland neighborhoods have the most rentals available?
The neighborhoods in Richland with the most apartments available are The Meadows East and The Meadows North" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Richland, WA?
Because the average rent in Richland is $1,362, you’ll want to make about $4,540 per month or $54,480 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.
Cost of Living
The cost of living in Richland, WA is 3.0% lower than the national average. Generally, housing in Richland is 11.8% less expensive than the national average, with rent falling between $1,184 - $2,046. You can expect to pay 1.5% more for groceries, 18.4% less for utilities, and 20.1% more for transportation.
How does Richland, WA compare to other nearby cities and neighborhoods?
Use the tool below to compare Richland, WA 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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Peak Capital Partners
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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 June 2025.
* Percentages may not total 100 due to rounding.