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Rental Market Trends in Richmond Heights, OH

Updated July 2026

The average rent in Richmond Heights, OH is $764/month.

Rent in Richmond Heights is 54% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$764/month

Average Rent

614 Sq Ft

Average Size

+0.5%

Change / Year

550

Available Apartments

Richmond Heights rent varies by unit size and layout:

  • Studio apartments in Richmond Heights average $586 per month.
  • One-bedroom apartments in Richmond Heights average $764 per month.
  • Two-bedroom apartments in Richmond Heights average $981 per month.
  • Three-bedroom apartments in Richmond Heights average $1,213 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$586/month
475 Sq Ft
One Bedroom
$764/month
614 Sq Ft
Two Bedroom
$981/month
856 Sq Ft
Three Bedroom
$1,213/month
1,049 Sq Ft
View Richmond Heights Apartments

How much has average rent changed in Richmond Heights, OH?

In the past year, rent has increased by 0.5%, which averages out to $4 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Richmond Heights, OH

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Richmond Heights, OH
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Richmond Heights is $764, you’ll want to make about $2,546 per month or $30,552 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 Heights, OH

550 Available Apartments for Rent

Search for Nearby Apartments

How does Richmond Heights, OH compare to other nearby cities and neighborhoods?

Use the tool below to compare Richmond Heights, OH 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 Heights Area Guide

Apartment Averages

Compare Rent Trends Nearby

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

  • Euclid

    Euclid

  • South Euclid

    South Euclid

  • Lyndhurst

    Lyndhurst

  • Mayfield

    Mayfield

  • East Cleveland

    East Cleveland

Apartment Communities in Richmond Heights We Think You'll Love

Belle Oaks Marketplace

Belle Oaks Marketplace

775 Richmond Rd,
Cleveland, OH 44143

1-2 Beds | $1,912 - $4,930

Euclid Apartments

Euclid Apartments

27181 Euclid Ave,
Euclid, OH 44132

1-4 Beds | $979 - $1,800

Dorchester Village Apartments

Dorchester Village Apartments

137 Chestnut Ln,
Richmond Heights, OH 44143

2-3 Beds | $890 - $1,200

Bishop Park Apartments

Bishop Park Apartments

27000 Bishop Park Dr,
Willoughby Hills, OH 44092

Studio - 2 Beds | $650 - $1,235

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Frequently Asked Questions

What is the average rent in Richmond Heights?

The average rent in Richmond Heights is $764 per month, which is 54.1% lower than the national average of $1,663.

Are rents going up or down in Richmond Heights?

Rents in Richmond Heights, OH are increasing, with prices up 0.5% year-over-year and $4 more per month.

What rent range is most common in Richmond Heights?

In Richmond Heights, OH, 100% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Ohio Richmond Heights 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 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.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity