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Richmond, MI Home for Rent

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    $950 Per Month

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

    70190 N Main St Unit 3, Richmond, MI 48062

    Clean and Move In Ready 1 Bedroom / 1 Bathroom Upper Apartment. This unit offers a galley kitchen with appliances, dining room and living room. Unit also has AC. There is a coin operated washer and dryer located in the main house that is shared between 5 units. Tenant Responsible for all utilities, including water. Walkable to Beebe Street Park, the Community Pool, Shops and Restaurants.

    Kristina Wald Keller Williams Paint Creek

    70190 N Main St Unit 3, 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 $950 per month, though prices vary by neighborhood, size, and property type. As of September 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 $38,000 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 $950 per month in Richmond, MI, renters typically need to show $2,850 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 28.5, 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
1
Median Rent
$950
Median Single Family Home Rent
$950
Median Condo Rent
$1,280
How to Rent a Home