Best Affordable Neighborhoods in Richmond, TX
Some of the cheapest neighborhoods in Richmond are Pecan Grove, Withers Ridge, and Waterside Village. These neighborhoods offer some of the lowest rent prices in Richmond, making them ideal for renters on a budget. As of November 7, 2025, the average rent in Richmond is $1,295, which is 3.3% 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
$1,182/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
0/100
Units Available
108 Rentals
Pecan Grove is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pecan Grove is $1,182 while the city average is $1,295. This is a -1.4% difference from last year. Residents enjoy convenient access to Plantation Plaza, George Bush Park, and Plantation Crossing. The neighborhood is considered car-dependent with a WalkScore® of 36.
Withers Ridge
Average Rent
$1,320/Month
TransitScore® Rating
0/100
Units Available
28 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Withers Ridge. The average rent is $1,320, compared to the city average of $1,295. Withers Ridge is convenient to 1464 Plaza, The Art Institute of Houston, and Houston Baptist University. The community is car-dependent with a WalkScore® of 21.
Waterside Village
Average Rent
$1,321/Month
TransitScore® Rating
0/100
Units Available
40 Rentals
Waterside Village is an affordable neighborhood in Richmond with an average rent price of $1,321. Compare this to the city average of $1,295. Waterside Village provides easy access to Waterside Marketplace, George Bush Intcntl/Houston, and The Art Institute of Houston. It’s a car-dependent neighborhood with a WalkScore® of 40.
Grand Mission
Average Rent
$1,362/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
0/100
Units Available
173 Rentals
If you’re looking for a great, affordable neighborhood in Richmond, Grand Mission might be the perfect place! It has an average rent price of $1,362, while the city’s average stands at $1,295. In the last year, prices have increased by 1.1%. Grand Mission is near The Plaza at Aliana, George Bush Intcntl/Houston, and Houston Baptist University.
Fieldstone
Average Rent
$1,372/Month
TransitScore® Rating
0/100
Units Available
38 Rentals
Fieldstone is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fieldstone is $1,372 while the city average is $1,295. Residents enjoy convenient access to The Art Institute of Houston, George Bush Park, and Waterside Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 29.
Waterside
Average Rent
$1,376/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
0/100
Units Available
112 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Waterside. The average rent is $1,376, compared to the city average of $1,295. Rent prices have decreased by 1.3%. Waterside is convenient to George Bush Intcntl/Houston, Marcel Harvest Green, and Houston Community College. The community is car-dependent with a WalkScore® of 29.
Lost Creek
Average Rent
$1,376/Month
TransitScore® Rating
0/100
Units Available
43 Rentals
Lost Creek is an affordable neighborhood in Richmond with an average rent price of $1,376. Compare this to the city average of $1,295. Lost Creek provides easy access to District West, Houston Christian University, and George Bush Park. It’s a car-dependent neighborhood with a WalkScore® of 4.
Aliana
Average Rent
$1,388/Month
Year-Over-Year Rent Change
7.9%
TransitScore® Rating
0/100
Units Available
210 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 $1,388, while the city’s average stands at $1,295. In the last year, prices have decreased by 7.9%. Aliana is near George Bush Park, Houston Baptist University, and Houston Community College.
Waterview Estates
Average Rent
$1,394/Month
TransitScore® Rating
0/100
Units Available
26 Rentals
Waterview Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waterview Estates is $1,394 while the city average is $1,295. Residents enjoy convenient access to George Bush Intcntl/Houston, Waterside Marketplace, and Waterside Shoppes. The neighborhood is considered car-dependent with a WalkScore® of 21.
Grand Mission Estates
Average Rent
$1,398/Month
TransitScore® Rating
0/100
Units Available
56 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Grand Mission Estates. The average rent is $1,398, compared to the city average of $1,295. Grand Mission Estates is convenient to Houston Baptist University, Houston Community College, and Long Meadows Farm. The community is car-dependent with a WalkScore® of 4.
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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.