Median rent for residential apartments in as of Jan, 2021.
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.
10 Richmond, KY, USA apartments for rent
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Richmond
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 University3,839 graduates
- 2. Medical Career & Technical College59 graduates
Public vs Private
- Public1.5%
- Private98.5%
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
- USA
- Richmond, KY
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.
- USA
- Richmond, KY
Housing Trends
Richmond, KY, USA Housing Trends
Average rent in Richmond: $918 (-0.6%)
| Rent Price | Jan | vs Last Month |
|---|---|---|
| 2 bed apartments | $811 | -4.6% |
| 3 bed apartments | $1,069 | +2.9% |
| 4+ bed apartments | $1,100 | -29% |
Over the Jan 2021, the average rent for an apartment in/near Richmond, KY decreased by 0.6% to 918 $.
Pricing for 2-bed apartment also decreased by 4.6% and a place of this size will now cost you 811 $. 3-bed apartment rent pricing starts at 1.069 $, it increased by 2.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 29% and made it down to 1.100 $.
| Rent Type Price | Jan | vs Last Month |
|---|---|---|
| House rentals | $1,158 | +16.4% |
| Apartment rentals | $757 | -11.2% |
| Condo rentals | $850 | +0% |
The median rent for an apartment in Richmond, KY decreased by 11.2% to 757 $. Statistics show that house rent price increased by 16.4% this month making it up to 1.158 $. Condo for rent is now available for the same pricing as previously — 850 $.
Rent vs Own
- Rent34%
- Own66%
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