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Cheap Apartments for Rent in Richmond, IN from $300 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Richmond, IN Local Guide
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How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richmond Studio Apartments | $800 | $800 | $800 |
| Cheap Richmond 1 Bedroom Apartments | $783 | $700 | $900 |
| Cheap Richmond 2 Bedroom Apartments | $873 | $550 | $1,495 |
| Cheap Richmond 3 Bedroom Apartments | $998 | $975 | $1,025 |
| Cheap Richmond 4 Bedroom Apartments | $519 | $450 | $589 |
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Richmond, IN Local Guide
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Cheapest Available Richmond Apartments for Rent
The cheapest available apartment rental in Richmond, IN is a 1 Bed unit found at Adam H Bartell Lofts priced from $695. Atlas Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Adam H Bartell Lofts | VISTA | 1BR,1BA | $695 |
| Atlas Apartments | 1BR/1.0BA | 1BR,1BA | $700 |
| Townehouse Village Apartments | Two Bedroom Gas | 2BR,1BA | $915 |
Best Value Apartments for Rent in Richmond, IN
As of April 29, 2025 the best value apartment in the Richmond area is the $0.58 price per square foot 126 S 8th St Model at 126 S 8th St, Unit 126 in the starting from $820. The second greatest value Richmond apartment is the EXCALIBUR Model at Adam H Bartell Lofts starting at $795 with a $0.72 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. |
|---|---|---|---|
| 126 S 8th St, Unit 126 | 126 S 8th St | 2BR,1BA | $0.58 |
| Adam H Bartell Lofts | EXCALIBUR | 2BR,1BA | $0.72 |
| Townehouse Village Apartments | Two Bedroom Gas | 2BR,1.5BA | $0.93 |
| 118 N 14th St, Unit 118 N. 14th. | 118 N 14th St | 2BR,1BA | $0.58 |
| Richmond Flats | 3001 W Cart Rd | 2BR,2BA | $0.81 |
| Atlas Apartments | 1BR/1.0BA | 1BR,1BA | $0.98 |
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Best Local Schools in Richmond, IN
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Richmond, IN Apartments MapRichmond, IN Rental Homes MapGetting Around Richmond, IN
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 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
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $695 at Adam H Bartell Lofts.
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 $795 at Adam H Bartell Lofts.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.