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Newest Home for Rent in Richmond, MI

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  • 70190 N Main St Unit 3, Richmond, MI 48062
    70190 N Main St Unit 3, Richmond, MI 48062
    70190 N Main St Unit 3, Richmond, MI 48062
    /10

    $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
Michigan Macomb County

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 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 Trends in Richmond, MI

There are currently 1 homes available for rent in Richmond, MI. The median rent is $950 per month, with single-family homes renting at $950 and condos at $1,280.

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

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