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Newest Homes for Rent in Richmond, MI

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  • 36986 Division Unit 3, Richmond, MI 48062
    36986 Division Unit 3, Richmond, MI 48062
    36986 Division Unit 3, Richmond, MI 48062
    /6

    $950 Per Month

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

    36986 Division Unit 3, Richmond, MI 48062

    Welcome to this charming apartment located at 36986 Division Road in Richmond, MI. Unit #3 offers a cozy living space with 530.0 square feet, featuring 1 bedroom and 1 bathroom. This unit is perfect for those seeking a comfortable and convenient living arrangement.The apartment boasts a well-designed layout that maximizes space and natural light. The living area is spacious and inviting,

    36986 Division Unit 3, Richmond, MI 48062
  • 36986 Division Unit 5, Richmond, MI 48062
    36986 Division Unit 5, Richmond, MI 48062
    36986 Division Unit 5, Richmond, MI 48062
    /5

    $890 Per Month

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

    36986 Division Unit 5, Richmond, MI 48062

    Welcome to your cozy retreat at 36986 Division Road in Richmond, MI! This newly renovated 1-bedroom, 1-bathroom unit offers 539 sq. ft. of thoughtfully designed living space, perfect for those seeking comfort and convenience. This well-maintained property features a bright and airy interior filled with natural light, creating a warm and inviting atmosphere. The unit boasts a functional

    36986 Division Unit 5, Richmond, MI 48062
  • 36988 Division Rd Unit C, Richmond, MI 48062
    36988 Division Rd Unit C, Richmond, MI 48062
    36988 Division Rd Unit C, Richmond, MI 48062
    /6

    $990 Per Month

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

    36988 Division Rd Unit C, Richmond, MI 48062

    Welcome to your new home at 36988 Division Road, Unit #C, Richmond, MI 48062. This charming apartment offers a cozy and efficient living space, featuring 605 square feet of thoughtfully designed comfort. Step inside to discover a well-appointed one-bedroom, one-bathroom layout that maximizes every inch of space. The living area is bright and inviting, perfect for relaxing or entertaining

    36988 Division Rd Unit C, Richmond, MI 48062
  • 33850 Armada Ridge Rd, Richmond, MI 48062
    33850 Armada Ridge Rd, Richmond, MI 48062
    /2

    $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
Michigan Macomb County Richmond

Newest Homes for Rent in Richmond, MI

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 June 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, 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 28.9, 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, MI

There are currently 4 homes available for rent in Richmond, MI. The median rent is $950 per month, with single-family homes renting at $1,125 and condos at $970.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$950
Median Single Family Home Rent
$1,125
Median Condo Rent
$970
How to Rent a Home

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