Apartments for rent in Richmond, KY, USA

Richmond, KY has a population of 33,993, while the median age is 26. The household income in Richmond, KY is around $34,754. The homeownership rate among the residents is 34%. The median residential property value in Richmond, KY that you should keep in mind is $144,700.

Population	33,993
Median Age	25.8
Poverty Rate	31%
Household Income	$34,754
Number Of Employees	16,365
Median Property Value	$144,700

Business & Economy

Wage by Common Jobs

Average salary in Richmond, KY: $41,732

1. Miscellaneous managers
$84,043
2. Registered nurses
$56,749
3. Elementary & middle school teachers
$47,414
4. Firstline supervisors of retail sales workers
$46,031
5. Driver/sales workers & truck drivers
$44,655

Highest Paid Occupations

Numbers claim that the highest paid jobs in Richmond, KY are Legal Occupations, Life, Physical, Social Science Occupations, Computer & Mathematical Occupations, Computer, Engineering, Science Occupations and Architecture & Engineering Occupations.

Highest Paid Industries

Keeping in mind that the employment rate changed by 0% recently, there must be a strong understanding of industries people of Richmond, KY work in. The highest paid industries are Utilities, Manufacturing, Public Administration, Professional, Scientific, Technical Services and Finance & Insurance.

Demographics

Race & Ethnicity

According to latest census, Richmond, KY is a home for 87% white residents. The second common group is black with 8% residents. The list of the most common racial or ethnic groups is closed by other with 3% residents.

Non-English Speakers

Education

Past year Richmond, KY universities awarded around 289,400 degrees. Statistics show that the population of students in Richmond, KY includes 144,700 female students and 144,700 male students. Richmond, KY offers private and public tuition with a median cost of $n/a for private four-year colleges and $18,774 for in-state public four-year colleges. The largest university of this city is the Eastern Kentucky University with the majority of graduates. The share of the public colleges in Richmond, KY is 99 and 2 go to the private colleges.

Universities

1. Eastern Kentucky University
3,839 graduates
2. Medical Career & Technical College
59 graduates

Public vs Private

Health and Safety

Primary care physicians in Richmond, KY see an average of 1,541 patients, dentists 2,239 patients, metal health providers 861 patients, and other healthcare providers 1,444 patients per year.

Transportation

Commute Time

Average travel time: 18.91 minutes

Commuter Transportation

Citizens of Richmond, KY travel to their offices around 19 minutes lately and drove alone to get there. The rest of the residents carpooled and walked.

Housing Trends

How much is an apartment in Richmond, KY, USA

Average rent in Richmond: $1,697 (+61.6%)

Rent Price	May	vs Last Month
2 bed rentals	$1,216	N/A
3 bed rentals	$1,400	+75%
4+ bed rentals	$1,995	N/A

Over the May 2022, the average rent for an apartment in/near Richmond, KY increased by 61.6% to $1,697.

Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,216. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,400. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,995 for a big-family home.

Rent Type Price	May	vs Last Month
Condo rentals	$916	N/A
Duplex rentals	$1,250	N/A
House rentals	$1,697	+35.8%

The median rent for a house is still $1,697 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $916. An average duplex is now available for $1,250, cause median rent for a duplex remains the same this month.

Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.

7 Richmond, KY, USA apartments for rent

Richmond