The Village at Town Center
6410 Schmidt Ln,
El Cerrito, CA 94530
Studio - 2 Beds | $2,340
Rental Market Trends in Richmond, CA
Updated July 2026
The average rent in Richmond, CA is $1,809/month.
Rent in Richmond is roughly equal to the national average rent of of $1,663/month.
$1,809/month
Average Rent
582 Sq Ft
Average Size
+6.7%
Change / Year
610
Available Apartments
Richmond rent varies by unit size and layout:
- Studio apartments in Richmond average $1,122 per month.
- One-bedroom apartments in Richmond average $1,809 per month.
- Two-bedroom apartments in Richmond average $2,078 per month.
- Three-bedroom apartments in Richmond average $2,512 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Richmond, CA?
In the past year, rent has increased by 6.7%, which averages out to $123 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Richmond, CA
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
15%
$700 - $1,000/month
46%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
14%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Richmond?
Based on current rent prices, Fairmede - Hilltop and Hilltop Bayview" are the most affordable neighborhoods in Richmond.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Richmond?
Based on current rent prices, Hilltop Bayview and Fairmede - Hilltop" are the most expensive 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 Fairmede - Hilltop and Hilltop Bayview" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Richmond, CA?
Because the average rent in Richmond is $1,809, you’ll want to make about $6,030 per month or $72,360 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, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Richmond, CA 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.
View the Richmond Area GuideStudio
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-
One Bedroom
-
$2,097/month
Two Bedroom
-
$2,273/month
Three Bedroom
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Apartment Communities in Richmond We Think You'll Love
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Frequently Asked Questions
What is the average rent in Richmond?
The average rent in Richmond is $1,809 per month, which is 8.8% higher than the national average of $1,663.
What is the average rent for a house in Richmond?
The average rent for a house in Richmond, CA is $3,813 per month.
What is the average rent for a townhome in Richmond?
The average rent for a townhome in Richmond, CA is $3,618 per month.
What is the average rent for a condo in Richmond?
The average rent for a condo in Richmond, CA is $2,399 per month.
Are rents going up or down in Richmond?
Rents in Richmond, CA are increasing, with prices up 6.7% year-over-year and $123 more per month.
What rent range is most common in Richmond?
In Richmond, CA, 46% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 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.
* Percentages may not total 100 due to rounding.