Most Affordable Neighborhoods in Richmond, TX
Some of the cheapest neighborhoods in Richmond are Grand Mission, Riverpark, and Pecan Grove. These neighborhoods offer some of the lowest rent prices in Richmond, making them ideal for renters on a budget. As of November 26, 2024, the average rent in Richmond is $1,320, which is 0.5% 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.
Grand Mission
Average Rent
$1,368/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
53/100
Units Available
117 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Grand Mission. The average rent is $1,368, compared to the city average of $1,320. Rent prices have increased by 1.2%. Grand Mission is convenient to 1464 Plaza, William P Hobby, and Smith Lands. The community is walkable with a WalkScore® of 82.
Riverpark
Average Rent
$1,391/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
0/100
Units Available
88 Rentals
Riverpark is an affordable neighborhood in Richmond with an average rent price of $1,391. Compare this to the city average of $1,320. In the past year, rent prices have increased by 2.3%. Riverpark provides easy access to UT Health Houston, Tmc Transit Center, and River Pointe Center. It’s a car-dependent neighborhood with a WalkScore® of 43.
Pecan Grove
Average Rent
$1,398/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
0/100
Units Available
54 Rentals
If you’re looking for a great, affordable neighborhood in Richmond, Pecan Grove might be the perfect place! It has an average rent price of $1,398, while the city’s average stands at $1,320. In the last year, prices have increased by 3.5%. Pecan Grove is near Plantation Crossing, Plantation Plaza, and George Bush Park.
Waterside
Average Rent
$1,416/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
0/100
Units Available
101 Rentals
Waterside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waterside is $1,416 while the city average is $1,320. This is a -1.3% difference from last year. Residents enjoy convenient access to Tmc Transit Center, William P Hobby, and George Bush Intcntl/Houston. The neighborhood is considered car-dependent with a WalkScore® of 29.
Aliana
Average Rent
$1,442/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
0/100
Units Available
174 Rentals
When you’re looking for a great Richmond neighborhood on a budget, check out Aliana. The average rent is $1,442, compared to the city average of $1,320. Rent prices have decreased by 3.3%. Aliana is convenient to Smith Lands, Reliant Park, and George Bush Park. The community is car-dependent with a WalkScore® of 29.
Greatwood
Average Rent
$1,463/Month
Units Available
104 Rentals
Greatwood is an affordable neighborhood in Richmond with an average rent price of $1,463. Compare this to the city average of $1,320.
Mission Bend
Average Rent
$1,505/Month
Units Available
60 Rentals
If you’re looking for a great, affordable neighborhood in Richmond, Mission Bend might be the perfect place! It has an average rent price of $1,505, while the city’s average stands at $1,320.
Lakemont
Average Rent
$1,509/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
285 Rentals
Lakemont is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lakemont is $1,509 while the city average is $1,320. This is a -1.6% difference from last year. Residents enjoy convenient access to George Bush Intcntl/Houston, George Bush Park, and Shops at Long Meadow Farms. The neighborhood is considered car-dependent with a WalkScore® of 38.
Ready to make your move to Richmond? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.