Richmond Heights, Missouri Rental Market Trends
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, Missouri rental market.
Richmond Heights, Missouri
Average Apartment Rent
$2,042
Y-o-Y Change in Average
Apartment Rent
3.5%
As of March 2026
Compared to a year ago, Richmond Heights, Missouri apartments have recorded a 3.5% rent increase.
Richmond Heights, Missouri Average apartment rent trend
Richmond Heights, Missouri Average Apartment Rent
Richmond Heights, Missouri Apartment rent ranges
At 55.1%, apartments priced $1,500 - $2,000 represent the bulk of Richmond Heights, Missouri rentals, while condos priced Over $3,000 hold the lowest share of the market – 3.91%.
Richmond Heights, Missouri Housing tenure**
Renters take up 47% of Richmond Heights, Missouri real estate, occupying a total of 2,087 units, while homeowners live in 2,321 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$62,478
Average household size of renter-occupied housing units**
1.53
Rental vacancy rate**
3.4%
Richmond Heights, Missouri Renter-occupied housing units by no. of bedrooms**
There are 951 rentals in Richmond Heights, Missouri with 2 beds making up the highest share of the market, at 46%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 17 units. Overall, the median number of rooms in Richmond Heights, Missouri homes for rent is 4.3.
Richmond Heights, Missouri Renter-occupied units by age of householder**
Most condos for rent in Richmond Heights, Missouri are occupied by residents in the 25 - 34 years age group (44%), followed by those in the 35 - 44 years age group (12%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Richmond Heights, Missouri Renter-occupied housing units by family type**
Richmond Heights, Missouri Renter-occupied housing units by the presence of own children**
A total of 560 apartments for rent in Richmond Heights, Missouri, or 27% of all rentals are family households. Additionally, 6% of rental homes include children under the age of 18 – that’s 121 units. All in all, the median size of a renter-occupied household in Richmond Heights, Missouri is 1.53.
Richmond Heights, Missouri Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 76% 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, Missouri.
Richmond Heights, Missouri Renter-occupied units by year structure built**
The highest share of Richmond Heights, Missouri apartment rentals, namely 38% or 795 units, were Built 1939 or earlier, followed by those Built 2010 - 2019 (16%, 331 units), and the ones Built 1940 - 1949 (11%, 232 units).
Richmond Heights, Missouri Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Richmond Heights, Missouri renters (37%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Richmond Heights, Missouri condos for rent is 2018.
Richmond Heights, Missouri Renter-occupied housing units by vehicles available**
When it comes to transportation options, 55% of Richmond Heights, Missouri renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 13% have No vehicle available.
Richmond Heights, Missouri Means of transportation to work of householders living in renter-occupied housing units**
Richmond Heights, Missouri Geographical mobility in the past year for householders living in renter-occupied housing units**
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, Missouri 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
