Newest Homes for Rent in Richmond, IL

/20
Starting at $1,420 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
/21
$1,750 Per Month
- 2 Beds
- 1 Bath
- 900 Sq Ft
- Apartment for Rent
300 Cunat Blvd Unit 2C, Richmond, IL 60071

Welcome home to this beautifully updated 2-bedroom, 1-bath condo in the highly desirable Kensington Manor community. Offering the perfect blend of comfort, convenience, and modern updates, this spacious residence is ready for immediate enjoyment. The bright and inviting floor plan features energy-efficient appliances, in-unit laundry, and a generous primary suite complete with a walk-in closet

Christine Hjorth Keller Williams North Shore West

300 Cunat Blvd Unit 2C, Richmond, IL 60071

Illinois McHenry County 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 $1,700 per month, though prices vary by neighborhood, size, and property type. As of July 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 $68,000 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 $1,700 per month in Richmond, IL, renters typically need to show $5,100 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 15.2, 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 East Lakemoor, each with its own character and price range.

Rental Trends in Richmond, IL

There are currently 2 homes available for rent in Richmond, IL. The median rent is $1,700 per month, with single-family homes renting at $1,388 and condos at $1,188.

Rental Home Trends

Number of Homes for Rent 2	Median Rent $1,700
Median Single Family Home Rent $1,388	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

Richmond Rentals under $1,500

More About Living in Richmond

Homes for Rent in Nearby Neighborhoods

Homes for Rent in Nearby Cities

Homes for Rent in Nearby Counties

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