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Rental Market Trends in Richmond Heights, OH

What is the average rent in Richmond Heights, OH?

$762/month

Average Rent

614 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of April 2026, the average rent in Richmond Heights, OH is $762 per month. This is 54% lower than the national average rent of $1,641/month, making renting in Richmond Heights more affordable than most cities in the US. When you rent an apartment in Richmond Heights, you can expect to pay about $584 per month for a studio, $762 for a one-bedroom apartment, and around $979 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,211 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$584/month
475 Sq Ft
One Bedroom
$762/month
614 Sq Ft
Two Bedroom
$979/month
856 Sq Ft
Three Bedroom
$1,211/month
1,049 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 Richmond Heights, OH?

In the past year, rent has increased by 0.7%, which averages out to $6 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Richmond Heights, OH
Last Updated April 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 $762, you’ll want to make about $2,540 per month or $30,480 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.

City

Richmond Heights, OH

81 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.

Explore the Area Guide for Richmond Heights, OH

Apartment Averages

Nearby City Rent Trends

  • Euclid Average Rent
  • South Euclid Average Rent
  • Lyndhurst Average Rent
  • Mayfield Average Rent
  • Wickliffe Average Rent
  • East Cleveland Average Rent
  • Mayfield Heights Average Rent

Apartment communities in Richmond Heights we think you'll love

Belle Oaks Marketplace

Belle Oaks Marketplace

775 Richmond Rd,
Cleveland, OH 44143

$1,966 - $4,930

1-2 Beds

Dorchester Village Apartments

Dorchester Village Apartments

137 Chestnut Ln,
Richmond Heights, OH 44143

$890 - $1,200

2-3 Beds

Bishop Park Apartments

Bishop Park Apartments

27000 Bishop Park Dr,
Willoughby Hills, OH 44092

$650 - $1,235

Studio - 2 Beds

Lakeland Commons

Lakeland Commons

25450-25454 Euclid Ave,
Euclid, OH 44117

$675 - $950

Studio - 2 Beds

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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 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity