Newest Home for Rent in Richmond, UT

The median rent for a home in Richmond, UT is $1,197 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses are currently more expensive.

To comfortably afford the median rent in Richmond, UT, a household needs to earn roughly $47,880 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 $1,197 per month in Richmond, UT, renters typically need to show $3,591 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

The best neighborhood for renting in Richmond, UT depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Woodruff, Bridger, Adams, Ellis and Wilson, each with its own character and price range.