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Cheap Apartments for Rent in Richmond, IL from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.
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from $1,0021 to 2 Bedroom Apartments Contact Us For Availability
Lakewood Tower
320 N Milwaukee AveLake Villa, IL 60046
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from $1,0871 to 2 Bedroom Apartments Available Jul 1
Autumnwood Apartments
717 Irving AveWoodstock, IL 60098
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Showing Results 1-7, Page 1 of 1
Richmond, IL Local Guide
Commercial buildings in downtown Richmond, Illinois, USA by IvoShandor is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond Studio Apartments | $1,350 | $1,282 | $1,419 |
| Richmond 1 Bedroom Apartments | $1,396 | $504 | $1,939 |
| Richmond 2 Bedroom Apartments | $1,660 | $601 | $2,998 |
| Richmond 3 Bedroom Apartments | $2,086 | $1,120 | $3,838 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, IL Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Richmond Apartments for Rent and Nearby
The cheapest available apartment rental in Richmond, IL is a 2 Beds unit found at Whitetail Ridge priced from $601. 11236 258th Ct has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whitetail Ridge | 2-Bedroom Senior | 2BR,1BA | $601 |
| 11236 258th Ct | 1 X 1 | 1BR,1BA | $1,050 |
| Tan Oak Apartments | 2 Bed 1 Bath Remodeled | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Richmond, IL and Nearby
As of April 11, 2025 the best value apartment in the Richmond area is the $1.59 price per square foot Townhome Model at The Meadows Apartments Lakemoor in the in the Liberty Lakes - Freedom Series neighborhood starting from $2,105. The second greatest value Richmond apartment is the Hampton Model at Southwind Prairie Apartments starting at $1,975 with a $1.49 price per square foot . Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Meadows Apartments Lakemoor | Townhome | 2BR,2.5BA | $1.59 |
| Southwind Prairie Apartments | Hampton | 2BR,2BA | $1.49 |
| Redwood Volo | Forestwood | 2BR,2BA | $1.78 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.48 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.68 |
| Whitetail Ridge | 2-Bedroom Senior | 2BR,1BA | $0.58 |
| Taylor Place | 2br 2ba | 2BR,2BA | $1.28 |
| Tan Oak Apartments | 2 Bed 1 Bath Remodeled | 2BR,1BA | $1.39 |
| Geneva Estates | 2 Bed 1 Bath Upper | 2BR,1BA | $1.67 |
| 11236 258th Ct | 2 X 1 | 2BR,1BA | $1.71 |
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Best Local Schools in Richmond, IL
Richmond-Burton High School
Richmond-Burton Chsd 157 School District
Public School - Grades 9-12 (549)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, IL Rentals by Map
See the most popular apartments and homes in Richmond, IL
Richmond, IL Apartments MapRichmond, IL Rental Homes MapGetting Around Richmond, IL
Walk Score®
30 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Richmond Apartments
What is the Cheapest Studio apartment in Richmond?
Currently the most affordable Cheap Studio Apartment in Richmond is at Authentix McHenry listed at $1,282.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,050 at 11236 258th Ct.
What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $601 at Whitetail Ridge.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.