Apartments for Rent in Richmond, KY

Prices and availability in Richmond, KY were last updated on 24 May 2026.

The best apartments in Richmond, KY are: Ash Park Apartments, 215 St George Ste, 209 St George Ste, Park Place and 211 St George St.

The average rent in Richmond, KY is $849.

The price range for a studio apartment in Richmond, KY is between $1,400 and $1,450.

The price range for a 1-bedroom apartment in Richmond, KY is between $571 and $1,500.

The price range for a 2-bedroom apartment in Richmond, KY is between $571 and $1,450.

The price range for a 3-bedroom apartment in Richmond, KY is between $800 and $1,500.

In Richmond, 62% of the residents are renting compared to 38% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Richmond's rentals, 82% are small-scale complexes with under 50 units, and 13% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Richmond are about 34 years old, on average. Of these, 14% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 87% of the rental communities here are low-rise, garden-style communities, 6% are mid-rises, and 7% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Richmond are around 5% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 47% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.