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Richmond, KY Condos for Rent

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  • 1020 Echo Valley Dr, Richmond, KY 40475
    1020 Echo Valley Dr, Richmond, KY 40475
    1020 Echo Valley Dr, Richmond, KY 40475
    /9

    $900 Per Month

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    1020 Echo Valley Dr, Richmond, KY 40475

    Property Id: 1937022Very nice lower level apartment in beautiful home in lovely rural walkable neighborhood with separate private entrance. 1 bed, 1 Full Bath. Comes furnished with basic furniture- king size bed, small couch, kitchenette area. Perfect for traveling professional working in the area or grad student. Utilities included-trash, water, electric, and Wi-Fi. PLEASE note:

    (812) 542-5947

    1020 Echo Valley Dr, Richmond, KY 40475
  • 309 Mcdougal Ave Unit 1, Richmond, KY 40475
    309 Mcdougal Ave Unit 1, Richmond, KY 40475
    /2

    $1,500

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • Condo for Rent

    309 Mcdougal Ave Unit 1, Richmond, KY 40475

    Two (2) Bedroom, two (2) bath apartment located near Eastern Kentucky University.Tenant must pay all utilities, with the exception of Garbage and Lawn care.12 month lease required.Background and Credit Check Required.Applications available online.

    309 Mcdougal Ave Unit 1, Richmond, KY 40475
  • 1075 Raintree Dr Unit Raintree Unit 1, Richmond, KY 40475
    1075 Raintree Dr Unit Raintree Unit 1, Richmond, KY 40475
    1075 Raintree Dr Unit Raintree Unit 1, Richmond, KY 40475
    /20

    $1,500

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    1075 Raintree Dr Unit Raintree Unit 1, Richmond, KY 40475

    3 Bedroom Townhouse for Rent – Close to EKU!A comfortable, well located townhouse is ready for new tenants. This 3 bedroom, 2 bath home offers plenty of space and convenience, with features that make everyday living easy. Freshly painted with new flooring in 2 bedrooms.Property Highlights- 3 spacious bedrooms- 2 full bathrooms- Full basement/bedroom – great for storage,

    1075 Raintree Dr Unit Raintree Unit 1, Richmond, KY 40475
  • 579 Regency Cir, Richmond, KY 40475
    579 Regency Cir, Richmond, KY 40475
    579 Regency Cir, Richmond, KY 40475
    /11

    $1,550 Per Month

    • 2 Beds
    • 2 Baths
    • 1,278 Sq Ft
    • Condo for Rent

    579 Regency Cir, Richmond, KY 40475

    WELCOME TO THE TOWNHOMES AT LAKE REBA! Discover luxury living with our stunning townhomes, designed for comfort, mobility, access, and convenience. Some features you'll love: 2-Car garage for added convenience and storage, and large living spaces perfect for relaxation. Nestled in a quiet, peaceful location, but still just minutes from downtown Richmond and the interstate, the perfect balance of

    Felicia Mayes The Real Estate Co.

    579 Regency Cir, Richmond, KY 40475
Kentucky Madison County Richmond

Condos for Rent in Richmond, KY

Frequently Asked Questions

How much does it cost to rent a condo in Richmond, KY?
The median rent for a condo in Richmond, KY is $975 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Richmond, KY?
To comfortably afford the median rent in Richmond, KY, a household needs to earn roughly $72,000 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 $1,800 per month in Richmond, KY, renters typically need to show $5,400 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, KY?
In Richmond, KY, the price-to-rent ratio is 14.4, 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.
What neighborhoods in Richmond, KY are best for renting a condo?
The best neighborhood for renting in Richmond, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include River Park and Stoneybrook-Brigadoon, each with its own character and price range.

Rental Home Trends in Richmond, KY

There are currently 4 condos available for rent in Richmond, KY. The median rent is $975 per month, with 1-bedroom condos renting at $775, 2-bedroom condos at $975 and 3-bedroom condos at $1,500.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$975
Median 1 Bedroom Condo Rent
$775
Median 2 Bedroom Condo Rent
$975
Median 3 Bedroom Condo Rent
$1,500
How to Rent a Home

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