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Richmond, MI Homes for Rent

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  • /18

    $950 Per Month

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

    69297 N Main St Unit 2, Richmond, MI 48062

    Upper 1 bedroom apartment in move-in condition - neutral colors - located over a quilt store in downtown Richmond - immediate occupancy - kitchen has refrigerator, stove, microwave and lunch counter - laundry room with washer, dryer and laundry tub - bedroom has 2 closets - deck off the back of unit - 2 parking spots off rear of building - no pets - no smoking - minimum 2-year lease - 2 months

    Susan Foster Coldwell Banker Professionals

    69297 N Main St Unit 2, Richmond, MI 48062
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    $1,400 Per Month

    • 1,800 Sq Ft
    • Property for Rent

    33850 Armada Ridge Rd, Richmond, MI 48062

    Exceptional opportunity to lease a highly versatile professional office space offering an impressive amount of square footage at a competitive price. Upon entry, the main level features a spacious open work area ideal for collaborative use, a dedicated storage room with built-in shelving, a full running kitchen, a large full bathroom, and two private offices with doors for added functionality.

    Jackelyn Atkinson KW Platinum

    33850 Armada Ridge Rd, Richmond, MI 48062
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    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    70190 N Main St Unit 5, Richmond, MI 48062

    **OFFERING A RENT SPECIAL** Welcome home to this charming 2-bedroom, 1-bath upper unit duplex with a bonus office space, located on the desirable north end of Richmond. This bright and well-maintained apartment offers comfortable living, flexible space for working from home, and convenient amenities. There is a coin operated washer and dryer located in the main house that is shared between 5

    Kristina Wald Keller Williams Paint Creek

    70190 N Main St Unit 5, Richmond, MI 48062

Why Live in Richmond

Richmond, Michigan, is a small city known for its tight-knit community and vibrant local events. Surrounded by farmlands and crop fields, Richmond offers a quaint, small-town atmosphere while being conveniently connected to larger cities via Interstate 94. The Richmond Good Old Days Festival is a major attraction, featuring a demolition derby, local music performances, fireworks, and parades. The Richmond Area Historical and Genealogical Society's replica village and the Richmond Community Theater, housed in a historic downtown church, add to the city's cultural offerings. Outdoor enthusiasts can enjoy Beebe Street Memorial Park, which hosts sports courts, a public pool, and seasonal ice-skating rinks, as well as the Macomb Orchard Trail, a 23-mile paved path for various activities. The Richmond Community School District, with highly rated schools like Will L. Lee Elementary, serves the city's educational needs. Housing options range from vintage Victorians and Cape Cods to modern Craftsman homes and condos, catering to diverse lifestyles. Main Street features a mix of local eateries and fast-food chains, with Ken's Country Kitchen being a popular spot for breakfast. Additional shopping and dining options are available in nearby Chesterfield Township, just 10 miles south. Richmond's proximity to Detroit, 40 miles away, provides access to the city's sports arenas, fine dining, and cultural attractions, while Detroit Metropolitan Wayne County Airport is about 60 miles south.

Frequently Asked Questions

How much does it cost to rent a home in Richmond, MI?
The median rent for a home in Richmond, MI is $1,150 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Richmond, MI?
To comfortably afford the median rent in Richmond, MI, a household needs to earn roughly $46,000 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 $1,150 per month in Richmond, MI, renters typically need to show $3,450 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, MI?
In Richmond, MI, the price-to-rent ratio is 24.3, 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 Home Trends

Number of Homes for Rent
3
Median Rent
$1,150
Median Single Family Home Rent
$950
Median Condo Rent
$1,315
How to Rent a Home