Newest Homes for Rent in Richmond, MI

/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
/10
$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
/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

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 Trends in Richmond, MI

There are currently 3 homes available for rent in Richmond, MI. The median rent is $1,150 per month, with single-family homes renting at $950 and condos at $1,315.

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

Rentals in Richmond

Homes for Rent by Bedrooms in Richmond

More About Living in Richmond

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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