Best Affordable Neighborhoods in Richmond, TX
Some of the cheapest neighborhoods in Richmond are Pecan Grove, Waterside Village, and Fieldstone. These neighborhoods offer some of the lowest rent prices in Richmond, making them ideal for renters on a budget. As of February 6, 2026, the average rent in Richmond is $1,301, which is 3.1% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Pecan Grove
Average Rent
$1,197/Month
Year-Over-Year Rent Change
8.1%
TransitScore® Rating
0/100
Units Available
96 Rentals
Pecan Grove is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pecan Grove is $1,197 while the city average is $1,301. This is a -8.1% difference from last year. Residents enjoy convenient access to George Bush Park, The Art Institute of Houston, and Plantation Plaza. The neighborhood is considered car-dependent with a WalkScore® of 36.
Waterside Village
Average Rent
$1,297/Month
TransitScore® Rating
0/100
Units Available
55 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Waterside Village. The average rent is $1,297, compared to the city average of $1,301. Waterside Village is convenient to Houston Christian University, Houston Baptist University, and William P Hobby. The community is car-dependent with a WalkScore® of 40.
Fieldstone
Average Rent
$1,323/Month
TransitScore® Rating
0/100
Units Available
48 Rentals
Fieldstone is an affordable neighborhood in Richmond with an average rent price of $1,323. Compare this to the city average of $1,301. Fieldstone provides easy access to William P Hobby, Long Meadow Plaza, and Houston Christian University. It’s a car-dependent neighborhood with a WalkScore® of 29.
West Oaks Village
Average Rent
$1,336/Month
Units Available
23 Rentals
If you’re looking for a great, affordable neighborhood in Richmond, West Oaks Village might be the perfect place! It has an average rent price of $1,336, while the city’s average stands at $1,301. West Oaks Village is near The Art Institute of Houston, Bellaire Crossing Shopping Center, and George Bush Intcntl/Houston.
Withers Ridge
Average Rent
$1,345/Month
TransitScore® Rating
0/100
Units Available
19 Rentals
Withers Ridge is a top choice for budget-conscious renters for a variety of reasons. The average rent in Withers Ridge is $1,345 while the city average is $1,301. Residents enjoy convenient access to Arthur Storey Park, Twin Oaks Plaza, and Houston Community College. The neighborhood is considered car-dependent with a WalkScore® of 21.
Waterside
Average Rent
$1,367/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
0/100
Units Available
144 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Waterside. The average rent is $1,367, compared to the city average of $1,301. Rent prices have decreased by 0.4%. Waterside is convenient to William P Hobby, Arthur Storey Park, and Houston Baptist University. The community is car-dependent with a WalkScore® of 29.
Lakemont
Average Rent
$1,373/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
0/100
Units Available
412 Rentals
Lakemont is an affordable neighborhood in Richmond with an average rent price of $1,373. Compare this to the city average of $1,301. In the past year, rent prices have decreased by 2.3%. Lakemont provides easy access to George Bush Intcntl/Houston, Houston Community College, and Houston Christian University. It’s a car-dependent neighborhood with a WalkScore® of 37.
Aliana
Average Rent
$1,378/Month
Year-Over-Year Rent Change
9.7%
TransitScore® Rating
0/100
Units Available
237 Rentals
If you’re looking for a great, affordable neighborhood in Richmond, Aliana might be the perfect place! It has an average rent price of $1,378, while the city’s average stands at $1,301. In the last year, prices have decreased by 9.7%. Aliana is near George Bush Park, The Grand at Aliana, and William P Hobby.
Richmond/Rosenberg
Average Rent
$1,389/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
32/100
Units Available
391 Rentals
Richmond/Rosenberg is a top choice for budget-conscious renters for a variety of reasons. The average rent in Richmond/Rosenberg is $1,389 while the city average is $1,301. This is a -3.1% difference from last year. Residents enjoy convenient access to Highway 36 Plaza, William P Hobby, and Midtown Shopping Center. The neighborhood is considered somewhat walkable with a WalkScore® of 60.
Waterview Estates
Average Rent
$1,394/Month
TransitScore® Rating
0/100
Units Available
31 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Waterview Estates. The average rent is $1,394, compared to the city average of $1,301. Waterview Estates is convenient to Houston Christian University, George Bush Intcntl/Houston, and The Art Institute of Houston. The community is car-dependent with a WalkScore® of 21.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.