Richmond, IL Homes for Rent

/25
$2,500

Total Monthly Price
- 2 Beds
- 1 Bath
- 1,325 Sq Ft
- House for Rent
5724 Milwaukee Ave, Richmond, IL 60071

Quaint vintage home within walking distance to the Grade school and downtown area that offers a wide variety of shops and restaurants. Enjoy sitting on the covered front porch leading into the large entry room featuring a showstopper bar in the shape of a boat and plenty of room to entertain guest's here or in the adjacent cozy living room. Kitchen is a cooks delight with Granite counter tops,

5724 Milwaukee Ave, Richmond, IL 60071
Explore Richmond
/13
$1,600 Per Month
- 2 Beds
- 2 Baths
- 1,010 Sq Ft
- Condo for Rent
300 Cunat Blvd Unit 2B, Richmond, IL 60071

Recently remodeled 2 bedrooms, 2 full bathrooms Manchester model that is the largest in Kensington Manor subdivision. Modern kitchen with all new stainless still appliance, breakfast bar and granite countertops. Both bathrooms are updated with shower and soaking bath. Two walk-in closets. No carpet in entire unit, recessed lights and fresh paint throughout. Large, private balcony. In unit Laundry

Adriana Ostrowska HomeSmart Connect LLC

300 Cunat Blvd Unit 2B, Richmond, IL 60071
/22
$1,500

Total Monthly Price
- 2 Beds
- 1 Bath
- 900 Sq Ft
- Condo for Rent
350 Cunat Blvd Unit 2B, Richmond, IL 60071

350 Cunat Blvd Unit 2B, Richmond, IL 60071
/21
$1,300

Total Monthly Price
- 1 Bed
- 1 Bath
- 750 Sq Ft
- Condo for Rent
310 Cunat Blvd Unit 2D, Richmond, IL 60071

310 Cunat Blvd Unit 2D, Richmond, IL 60071

Illinois McHenry County

Why Live in Richmond

Richmond, Illinois, is a commuter village located about 50 miles northwest of Chicago, known for its historical architecture and attractions. The charming downtown area serves as a central hub for retail, dining, and community events. Homebuyers in Richmond can choose from a variety of home styles, including modest single-story homes, Victorian-inspired properties, split-levels, and ranch-style homes. Residences often sit on single or double lots or sprawling acreage, with personal car garages and driveways. The village offers top-tier education options, with Richmond Grade School, Nippersink Middle School, and Richmond-Burton High School all receiving high ratings. Richmond-Burton High School is particularly noted for its strong academics and impressive sports facilities. For outdoor enthusiasts, the nearby Glacial Park Nature Preserve Area spans over 2,000 acres and offers hiking, biking, canoeing, and fishing opportunities. The park is also a popular spot for cross-country skiing in winter. Richmond's historical significance is highlighted through self-guided walking tours, featuring sites like the Sarah Gibbs house and the 1841-built Public School House. Main Street is lined with trendy stores, including The Cubby Café, Anderson’s Candy Shop, and Angelo’s Fresh Market, providing a diverse shopping experience. The village also hosts annual events such as St. Patrick's Day festivities, the Car Show & Coffee, and the Christmas of Yesteryear celebration, fostering a strong sense of community.

Learn more about living in Richmond

Frequently Asked Questions

How much does it cost to rent a home in Richmond, IL?

The median rent for a home in Richmond, IL is $1,550 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Richmond, IL?

To comfortably afford the median rent in Richmond, IL, a household needs to earn roughly $62,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,550 per month in Richmond, IL, renters typically need to show $4,650 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Richmond, IL?

In Richmond, IL, the price-to-rent ratio is 19.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Richmond, IL are best for renting a home?

The best neighborhood for renting in Richmond, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northeast Fox Lake and Fox Lake Hills, each with its own character and price range.

Rental Trends in Richmond, IL

There are currently 4 homes available for rent in Richmond, IL. The median rent is $1,550 per month, with single-family homes renting at $1,450 and condos at $1,225.

Rental Home Trends

Number of Homes for Rent 4	Median Rent $1,550
Median Single Family Home Rent $1,450	Median Condo Rent $1,225

How to Rent a Home

Rentals in Richmond

Homes for Rent by Bedrooms in Richmond

Rentals by Price in Richmond

More About Living in Richmond

Homes for Rent in Nearby Neighborhoods

Homes for Rent in Nearby Cities

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage