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Rental Market Trends in Richmond, CA

Updated September 2026

The average rent in Richmond, CA is $1,772/month.

Rent in Richmond is roughly equal to the national average rent of of $1,665/month.

$1,772/month

Average Rent

582 Sq Ft

Average Size

+4.8%

Change / Year

422

Available Apartments

Richmond rent varies by unit size and layout:

  • Studio apartments in Richmond average $1,123 per month.
  • One-bedroom apartments in Richmond average $1,772 per month.
  • Two-bedroom apartments in Richmond average $2,088 per month.
  • Three-bedroom apartments in Richmond average $2,515 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,123/month
423 Sq Ft
One Bedroom
$1,772/month
582 Sq Ft
Two Bedroom
$2,088/month
701 Sq Ft
Three Bedroom
$2,515/month
830 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,083/month
670 Sq Ft
Two Bedroom
$2,973/month
914 Sq Ft
Three Bedroom
$3,985/month
1,321 Sq Ft
Four Bedroom
$4,436/month
1,833 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,605/month
793 Sq Ft
View Richmond Apartments

How much has average rent changed in Richmond, CA?

In the past year, rent has increased by 4.8%, which averages out to $85 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Richmond, CA

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Richmond, CA
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

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Richmond?

Based on current rent prices, Hilltop Bayview and Fairmede - Hilltop" are the most affordable neighborhoods in Richmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hilltop Bayview
$2,146/month
676 Sq Ft
Fairmede - Hilltop
$2,336/month
693 Sq Ft

What are the most expensive neighborhoods in Richmond?

Based on current rent prices, Fairmede - Hilltop and Hilltop Bayview" are the most expensive neighborhoods in Richmond.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairmede - Hilltop
$2,336/month
693 Sq Ft
Hilltop Bayview
$2,146/month
676 Sq Ft

Which Richmond neighborhoods have the most rentals available?

The neighborhoods in Richmond with the most apartments available are Hilltop Bayview and Fairmede - Hilltop" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hilltop Bayview
$2,146/month
676 Sq Ft
Fairmede - Hilltop
$2,336/month
693 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Richmond, CA?

Because the average rent in Richmond is $1,772, you’ll want to make about $5,906 per month or $70,872 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.

City

Richmond, CA

422 Available Apartments for Rent

Search for Nearby Apartments

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 Guide

Apartment Averages

Hilltop Bayview

Richmond, CA

Fairmede - Hilltop

Richmond, CA

Studio
-
-
One Bedroom
$1,998/month
-
Two Bedroom
$2,272/month
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • San Pablo

    San Pablo

    Avg Rent: $1,935/month

  • El Sobrante

    El Sobrante

    Avg Rent: $2,032/month

  • El Cerrito

    El Cerrito

    Avg Rent: $2,339/month

  • Pinole

    Pinole

    Avg Rent: $1,813/month

  • Kensington

    Kensington

    Avg Rent: $1,504/month

  • Albany

    Albany

    Avg Rent: $1,627/month

Apartment Communities in Richmond We Think You'll Love

The Village at Town Center

The Village at Town Center

6410 Schmidt Ln,
El Cerrito, CA 94530

Studio - 2 Beds | $2,550 - $3,180

The Tides

The Tides

3185 Garrity Way,
Richmond, CA 94806

1-2 Beds | $2,777 - $3,539

Bayside Apartments

Bayside Apartments

530 Sunnyview Dr,
Pinole, CA 94564

2-3 Beds | $1,696 - $3,627

Metro 510

Metro 510

510-512 El Cerrito Plz,
El Cerrito, CA 94530

Studio - 3 Beds | $2,425 - $4,600

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Frequently Asked Questions

What is the average rent in Richmond?

The average rent in Richmond is $1,772 per month, which is 6.4% higher than the national average of $1,665.

What is the average rent for a house in Richmond?

The average rent for a house in Richmond, CA is $3,985 per month.

Are rents going up or down in Richmond?

Rents in Richmond, CA are increasing, with prices up 4.8% year-over-year and $85 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.

United States California Richmond Rental Trends

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 September 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity