Average Rent in Richmond, CA

Home  »  CA  »  Richmond

Current Versus Historical Richmond, CA Rents

Richmond rentals average $0 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $4,900, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $966 (-36.93%) year-over-year from $2,616 to $1,650. 1-bedroom rentals prices have decreased by $150 (-7.88%) year-over-year from $1,900 to $1,750. 2-bedroom rentals prices have decreased by $63 (-2.80%) year-over-year from $2,258 to $2,195. 3-bedroom rentals prices have increased by $153 (4.88%) year-over-year from $3,144 to $3,298. 4-bedroom rentals prices have decreased by $545 (-13.47%) year-over-year from $4,045 to $3,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 1.02% this month. 1-bedroom rents have gone down by 5.79% this month. 2-bedroom rents have gone down by 5.12% this month. 3-bedroom rents have gone up by 0.55% this month. 4-bedroom rents have gone up by 4.06% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in Richmond, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Richmond

There are a total of 2 cities nearby Richmond. The average rent in Richmond is currently $3,355 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Oakland, CA, with an average rent of $2,945, is the most affordable city nearby. In contrast, the most expensive city near Richmond, CA is San Francisco, CA. Monthly rents here are on average $3,765 per month.

Let's compare Richmond, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Richmond, CA is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Richmond, CA are about inf% more affordable. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 2 cities near Richmond, CA in the following chart.
City Studio 1 Bed 2 Bed All
Oakland, CA $1,995 $2,238 $3,071 $2,945
San Francisco, CA $2,700 $3,444 $4,848 $3,765

Top Neighborhoods Near Richmond

There are a total of 1 neighborhoods in or near Richmond. We've included all of these top 1 neighborhoods in or near Richmond, CA in the following chart.

The average rent for these 1 neighborhoods in or near Richmond, CA is currently around $3,898 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Richmond, South of Market has the most affordable average rent at $3,898 per month. Whereas, at $3,898 average rent per month, South of Market is the most expensive neighborhood in or near Richmond. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South of Market, San Francisco, CA $2,807 $3,531 $4,906 $3,898

Top Counties Near Richmond

There are a total of 1 counties located by Richmond, CA. The average rent for rentals in these counties is $3,758. That's roughly around $5 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is San Francisco, CA. It's average rent per month is $3,758. Vice versa, with an average rent of $3,758, San Francisco, CA is the most expensive county by Richmond, CA.

Typically, rent for studios in Richmond, CA is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Richmond, CA is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Richmond, CA is inf% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
San Francisco, CA $2,700 $3,420 $4,848 $3,758

Top Zipcodes Near Richmond

There is one zipcode in or near Richmond, CA. The average rent for this zipcode is $4,595.

The following chart includes the zipcode in or near Richmond, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
94105, San Francisco, CA $2,962 $4,301 $5,695 $4,595

Frequently Asked Questions - Richmond Average Rents

What is the average rent price in Richmond, CA?
The average monthly rental price for Richmond, CA apartments for rent is approximately $4,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Richmond, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Richmond, CA.
How much is a studio apartment in Richmond, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Richmond.
How much is a one bedroom apartment in Richmond, CA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Richmond.
How much is a two bedroom apartment in Richmond, CA?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Richmond.
How have rent prices in Richmond, CA changed this year?
Rent prices for rentals in Richmond, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.37%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in Richmond, CA?
A reasonable rent price in Richmond, CA is around $3,920/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast