Median rent for residential apartments in as of Apr, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
9 Richmond, KY, USA apartments for rent
Richmond
Richmond, KY has a population of 33,583, including 88% white, 9% black, and 2% latino.
| Population | 33,583 |
| Median Age | 25.8 |
| Poverty Rate | 28% |
| Median Income (Household) | $32,436 |
| Number Of Employees | 15,440 |
| Median Property Value | $138,700 |
City Overview
The median household income in Richmond, KY is around $32,436, while the median age is 25.8. This city is a home to major universities: Master's Colleges & Universities: Larger Programs, Master's Colleges and Universities, and Eastern Kentucky University. 15,440 employees work in Richmond, KY. The homeownership rate among the residents is 36.86%. The median property value that you should keep in mind is $138,700.
Business & Economy
Wage by Common Jobs
Average salary: $30,878
- 1. Elementary & middle school teachers$43,819
- 2. Retail salespersons$32,786
- 3. Secretaries & administrative assistants$27,518
- 4. Nursing, psychiatric, & home health aides$25,446
- 5. Cashiers$24,824
Demographics
Race & Ethnicity
According to latest census, Richmond, KY is a home for 88% white residents. The second common group is black with 9% residents. The list of the most common racial or ethnic groups is closed by latino with 2% residents.
Non-English Speakers
Education
Past year Richmond, KY universities awarded around 11,094 degrees. Statistics show that the population of students in Richmond, KY include 1,538 male students and 2,160 female students. Richmond, KY offers private and public tuition with a median cost of $8,568 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Eastern Kentucky University with the majority of graduates. The n/a and n/a hold the second and the third place respectively. The share of the public colleges in Richmond, KY is 33.3% and 66.7% go to the private colleges.
Universities
- 1. Eastern Kentucky University3,698 graduates
Public vs Private
- Public66.7%
- Private33.3%
Health and Safety
The age groups that most likely have the health care coverage in Richmond, KY are 18-24 years old for men and 18-24 years old for women. Richmond, KY offers a 65 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 43 to 1, speaking of mental health doctors ratio, it’s 99 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 65 |
| Dentists | 1 to 43 |
| Mental Health | 1 to 99 |
| Other | 1 to 65 |
Transportation
Commute Time
Average travel time: 19.17 minutes
- USA
- Richmond, KY
Commuter Transportation
The workers of Richmond, KY traveled to their offices around 19.17 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 (-22.2%)
| Rent Price | Apr | vs Last Month |
|---|---|---|
| 2 bed apartments | $829 | -8.5% |
| 3 bed apartments | $900 | N/A |
| 4+ bed apartments | $1,999 | +0% |
| Rent Type Price | Apr | vs Last Month |
|---|---|---|
| Apartment rentals | $845 | -14.1% |
| House rentals | $1,183 | -13.9% |
Over the Apr 2020, the average rent for an apartment in/near Richmond, KY decreased by 22.2% to $918. Pricing for 2-bed apartment also decreased by 8.5% and a place of this size will now cost you $829. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $900. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $1,999 for a big-family home.
The median rent for an apartment in Richmond, KY decreased by 14.1% to $845. Statistics show that house rent price decreased by 13.9% this month making it up to $1,183.
Rent vs Own
- Rent37%
- Own63%
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