73 Aspen Rd
South KingstownRI02879
Cheap Homes for Rent in Richmond, RI from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.
125 Cedar Rd
CharlestownRI02813
3865 Old Post Rd
CharlestownRI02813
225 High St
WesterlyRI02891
10 Isabelle Dr
NarragansettRI02882
67 Twin Peninsula Ave
South KingstownRI02879
5075 Old Post Rd
CharlestownRI02813
128 Conch Rd
NarragansettRI02882
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, RI Local Guide
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How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $3,522 | $1,500 | $9,000 |
| Richmond 3 Bedroom Homes for Rent | $3,684 | $2,000 | $6,000 |
| Richmond 4 Bedroom Homes for Rent | $6,871 | $3,000 | $10,000+ |
| Richmond 5 Bedroom Homes for Rent | $3,500 | $2,500 | $4,500 |
Browse Top Homes for Rent in Richmond
Explore Richmond
Richmond, RI Local Guide
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Cheapest Available Richmond Apartments for Rent and Nearby
The cheapest available apartment rental in Richmond, RI is a 2 Beds unit found at Fox Run Apartments in the Northeast New London Norwich neighborhood priced from $1,240. Moosup Gardens Townhomes in the Central Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1,240 |
| Moosup Gardens Townhomes | Lily | 2BR,1BA | $1,300 |
| Tanglewood Village | 1 BR/1BA | 1BR,1BA | $1,423 |
Best Value Apartments for Rent in Richmond, RI and Nearby
As of April 25, 2025 the best value apartment in the Richmond area is the $2.25 price per square foot 3 Bed Townhouse Utilities Included Model at Fort Adams at NAVSTA Newport Family Homes in the starting from $2,999. The second greatest value Richmond apartment is the Lily Model at Moosup Gardens Townhomes starting at $1,300 with a $1.22 price per square foot in the Central Village neighborhood. 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. |
|---|---|---|---|
| Fort Adams at NAVSTA Newport Family Homes | 3 Bed Townhouse Utilities Included | 3BR,2.5BA | $2.25 |
| Moosup Gardens Townhomes | Lily | 2BR,1BA | $1.22 |
| Pleasant View Estates | 2 bed, 2 bath | 2BR,2BA | $2.20 |
| Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.73 |
| Oak Tree Village | 2 Bedroom | 2BR,1BA | $1.71 |
| Cowesett Hills | The Tarragon | 2BR,1BA | $2.36 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1.46 |
| Villa Del Rio | Granada | 1BR,1BA | $2.46 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| Tanglewood Village | 1 BR/1BA | 1BR,1BA | $2.09 |
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Frequently Asked Questions about Richmond
What type of rentals are currently available in Richmond?
There are currently 33 Apartments for Rent in Richmond, RI with pricing that ranges from $1,107 to $12,442. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $1,500 to $20,000.
What is the current price range for Rental Homes in Richmond?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $1,500 to $20,000 with an average monthly rent of $4,394.
How much are larger Three and Four Bedroom Rentals in Richmond?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Richmond range from $1,450 to $12,442, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,022.
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.
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.
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.