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Apartments under $1,000 for Rent in Richmond, KY

84 Rentals
  1. Building Photo - 203 W Irvine St
    STUDIO, 1 BATH
    $600
    Total Monthly Price Total Monthly Price New
    Base Rent$600 - $650
    Required Monthly FeesNone
    Total Monthly Price$600 - $650

    203 W Irvine St

    203 W Irvine St, Richmond, KY 40475
  2. 1 BED
    $740+
    2 BEDS
    $845+

    Park Place

    535 Mahaffey Dr, Richmond, KY 40475

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Richmond at a Glance

Average Rent

$908
(All bedrooms and property types)
Learn more about
Average Rent in Richmond
6

School Rating

out of 10 Rating
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Schools in Richmond

Richmond, KY Apartments for Rent

Richmond is home to Eastern Kentucky University and serves as the county seat of Madison County, offering a college town atmosphere with historic charm in the heart of the Bluegrass Region. Those searching for apartments for rent in Richmond will discover options ranging from apartment communities near campus to quieter settings closer to downtown's historic district, where brick buildings and local shops line Main Street.

Renting in Richmond provides convenient access to both university amenities and practical everyday needs, with shopping centers, restaurants, and grocery stores located along the Eastern Bypass and Richmond Road corridors. The city sits along Interstate 75, making commutes to Lexington about 25 miles north or Berea just south easily manageable for those who work outside the area. Local parks like Lake Reba offer outdoor recreation, while the presence of the university brings cultural events, sporting activities, and a steady demand for rental housing that keeps the market active throughout the year.

Renting in Richmond

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Richmond

(For 1 bedroom apartments)
  • Neighborhoods Average Sq Ft Average Rent
  • Ty Court 670 Sq Ft $871/mo

Education

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Grades 9-12
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Grades 9-12
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Public High School

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Grades 11-12
39 Students
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Grades 6-8
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Grades 6-8
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Grades 6-8
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Public Middle School

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Grades 6-8
363 Students
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Grades 6-8
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Grades K-5
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Grades K-5
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Public Elementary School

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Grades K-5
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Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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