Apartments for Rent in Richmond, KY

Home to Eastern Kentucky University, Richmond, KY combines college town energy with small-town character. Founded in 1798 by Colonel John Miller, this historic city serves as the county seat of Madison County and sits in Kentucky's Bluegrass region. With a population of approximately 36,000 residents, Richmond balances natural beauty with contemporary conveniences.

Rental options in Richmond include apartment communities near the university district and single-family homes throughout established neighborhoods. The median household income of $63,295 supports a rental market where one-bedroom apartments average around $858 per month. Richmond's rental market has seen modest growth, with average rents increasing approximately 3-7% year-over-year depending on unit size. The city's layout provides access to Lake Reba Park, the Richmond Centre shopping area, and downtown's historic district.

Located just 25 miles southeast of Lexington, Richmond offers renters convenient transportation connections. Interstate 75 runs along the western edge of the city, providing access to both Lexington and Knoxville. Major employment sectors include education (with Eastern Kentucky University), healthcare, retail, and manufacturing. The Blue Grass Army Depot southeast of the city also serves as a significant employer. Richmond combines affordable housing options with a central location in the heart of Kentucky.