Newest Homes for Rent in Richmond, IL

/20
Starting at $1,220 Per Month
- 1 Bed
8400 Cunat Blvd, Richmond, IL 60071

Come home to Highlands of Kensington Manor and enjoy the advantages of spacious apartments. We have a wide variety of living spaces to choose from, all with large closets and modern amenities. You'll love our beautiful swimming pool and clubhouse. Call today to make Highlands of Kensington Manor your new home.

Highlands of Kensington Manor

8400 Cunat Blvd, Richmond, IL 60071
Explore Richmond
/11
$925 Per Month
- 1 Bed
- 1 Bath
- 750 Sq Ft
- Condo for Rent
10102 N Main St Unit C, Richmond, IL 60071

Property Id: 2810921 Quite & Large one bedroom apartment with eat in kitchen, hardwood floors, large closet spaces, and private deck. Second floor unit. Freshly painted and new carpet. Sorry, no animals allowed. Additional amenities: Downtown, Walking, biking, snowmobile trail.

10102 N Main St Unit C, Richmond, IL 60071
/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

Illinois McHenry County

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 $1,262 per month, though prices vary by neighborhood, size, and property type. As of August 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 $50,480 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 $1,262 per month in Richmond, IL, renters typically need to show $3,786 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 20.4, 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.

Rental Trends in Richmond, IL

There are currently 3 homes available for rent in Richmond, IL. The median rent is $1,262 per month, with single-family homes renting at $1,325 and condos at $1,188.

Rental Home Trends

Number of Homes for Rent 3	Median Rent $1,262
Median Single Family Home Rent $1,325	Median Condo Rent $1,188

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

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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.

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