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Newest Home for Rent in Richmond, ME

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    $2,200

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    850 River Rd Unit . #2, Richmond, ME 04357

    Large beautifully renovated and well maintained 2-bedroom 2 bath apartment in a 2 unit Farmhouse overlooking the Kennebec River. The apartment features a large eat-in kitchen, spacious living room with wood floors, full bath, 2 bedrooms, 2 bathrooms, and a washer dryer unit in the back hallway. This apartment is on the second floor. The house sits on over 200 acres of organic farm fields with

    850 River Rd Unit . #2, Richmond, ME 04357

Frequently Asked Questions

How much does it cost to rent a home in Richmond, ME?
The median rent for a home in Richmond, ME is $1,700 per month, though prices vary by neighborhood, size, and property type. As of June 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, ME?
To comfortably afford the median rent in Richmond, ME, a household needs to earn roughly $68,000 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 $1,700 per month in Richmond, ME, renters typically need to show $5,100 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, ME?
In Richmond, ME, the price-to-rent ratio is 16.7, 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 in Richmond, ME

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,700
Median Single Family Home Rent
$1,200
Median Condo Rent
$2,200
How to Rent a Home