Richmond Heights, Florida Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Richmond Heights, Florida rental market.

Richmond Heights, Florida

Average Apartment Rent

$2,753

Y-o-Y Change in Average
Apartment Rent

0.4%

As of May 2026

Compared to a year ago, Richmond Heights, Florida apartments have recorded a 0.4% rent increase.

Richmond Heights, Florida Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Richmond Heights $2,620 $2,629 $2,666 $2,708 $2,708 $2,735 $2,742 $2,750 $2,734
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Richmond Heights
National
Jul 2023
$2,620
$1,741
Nov 2023
$2,629
$1,732
Mar 2024
$2,666
$1,736
Jul 2024
$2,708
$1,756
Nov 2024
$2,708
$1,749
Mar 2025
$2,735
$1,755
Jul 2025
$2,742
$1,767
Nov 2025
$2,750
$1,753
Mar 2026
$2,734
$1,750

Richmond Heights, Florida Average Apartment Rent

Richmond Heights, Florida Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 31.5%, apartments priced Over $3,000 represent the bulk of Richmond Heights, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.07%.

Richmond Heights, Florida Housing tenure**

Renter occupied housing units 826
Owner occupied housing units 1,940

Renters take up 30% of Richmond Heights, Florida real estate, occupying a total of 826 units, while homeowners live in 1,940 properties.

Median number of rooms of renter-occupied housing units**

4.6

Renter median household income**

$50,084

Average household size of renter-occupied housing units**

2.87

Richmond Heights, Florida Renter-occupied housing units by no. of bedrooms**

1 bed 167
2 beds 160
3 beds 499

There are 499 rentals in Richmond Heights, Florida with 3 beds making up the highest share of the market, at 60%. Units with 2 beds, on the other hand, hold the lowest percentage (19%), amounting to 160 units. Overall, the median number of rooms in Richmond Heights, Florida homes for rent is 4.6.

Richmond Heights, Florida Renter-occupied units by age of householder**

25 - 34 years 145
35 - 44 years 194
45 - 54 years 274
55 - 59 years 25
60 - 64 years 15
65 - 74 years 126
85 years and over 47

Most condos for rent in Richmond Heights, Florida are occupied by residents in the 45 - 54 years age group (33%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

Richmond Heights, Florida Renter-occupied housing units by family type**

Family households 536
Non-Family Households 290

Richmond Heights, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 460
No related children of the householder under 18 366

A total of 536 apartments for rent in Richmond Heights, Florida, or 65% of all rentals are family households. Additionally, 56% of rental homes include children under the age of 18 – that’s 460 units. All in all, the median size of a renter-occupied household in Richmond Heights, Florida is 2.87.

Richmond Heights, Florida Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 279
Some college or associate's degree 381
Bachelor's degree or higher 165

In terms of education, renters holding bachelor degrees or higher make up 20% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Richmond Heights, Florida.

Richmond Heights, Florida Renter-occupied units by year structure built**

Built 2020 or later 47
Built 2010 - 2019 174
Built 2000 - 2009 63
Built 1980 - 1989 115
Built 1970 - 1979 230
Built 1960 - 1969 62
Built 1950 - 1959 134

The highest share of Richmond Heights, Florida apartment rentals, namely 28% or 230 units, were Built 1970 - 1979, followed by those Built 2010 - 2019 (21%, 174 units), and the ones Built 1950 - 1959 (16%, 134 units).

Richmond Heights, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 47
Moved in 2018 to 2020 255
Moved in 2010 to 2017 323
Moved in 2000 to 2009 186
Moved in 1990 to 1999 15

Median year renter moved into unit 2015

Most Richmond Heights, Florida renters (39%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Richmond Heights, Florida condos for rent is 2015.

Richmond Heights, Florida Renter-occupied housing units by vehicles available**

No vehicle available 201
1 vehicle available 264
2 vehicles available 328
3 or more vehicles available 33

When it comes to transportation options, 40% of Richmond Heights, Florida renters have 2 vehicles available per household, 32% of them have 1 vehicle available, and 24% have No vehicle available.

Richmond Heights, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 870
Public transportation (excluding taxicab) 175
Taxicab, motorcycle, bicycle, or other means 63
Worked at home 38

Richmond Heights, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,211
Moved within same county 109

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Richmond Heights, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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