Rental market snapshot for Richmond, California

Richmond, California Rental Property Market Overview

The average rent for an apartment in Richmond is $2,197. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.9% over the past year.

Richmond, California is a city located in the San Francisco Bay Area. As of 2021, the city's population was estimated to be 115,639. Richmond is known for its diverse population, and its history as a major industrial center. The city is also home to a number of parks and recreational facilities.

Last Updated December 23, 2022

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Average monthly rent graph in Richmond California | Cost of Living

  • The most expensive ZIP Code in Richmond is 94801 with an average price of $2,668
  • The cheapest ZIP Code in Richmond is 94801 with an average price of $1,776

Richmond ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
194801$2,668
294804$2,650
394806$2,413

Live near Richmond, California's Top Sights and Attractions

John F Kennedy Park is a beautiful park located right on the water in Richmond, California. The park has a large grassy area perfect for picnics, a playground, a basketball court, and a fishing pier. The views of the water and the Golden Gate Bridge are stunning, and the park is a great place to relax and enjoy the outdoors.

Rosie the Riveter World War II Home Front National Historical Park is a United States National Historical Park located in Richmond, California, near San Francisco. The park includes the Richmond Shipyards, which produced more ships during World War II than any other shipyard in the United States.

Miller Knox Regional Shoreline is a large park with many different features. There is a large lake in the center of the park, and there are several hiking trails that wind through the park. There are also picnic areas and playgrounds.

Pogo Park Harbour 8 Park is a large park located on the waterfront in Richmond, California. The park features a playground, a picnic area, a basketball court, and a walking path. The park also has a large harbor with eight docks, where visitors can go fishing or take a boat ride.

Public Employees Union Local 1 is a local union that represents public employees in Richmond, California. The union is affiliated with the American Federation of State, County, and Municipal Employees (AFSCME).

Point Isabel Regional Shoreline is a large park with a long boardwalk that overlooks the water. There are plenty of benches to relax on, and the views are beautiful. The park is also home to a variety of wildlife, including birds, squirrels, and rabbits.

The San Pablo Reservoir is a man-made lake located in the hills east of Richmond, California. The reservoir was created in 1919 by damming San Pablo Creek and is a popular recreation spot for fishing, boating, and hiking.

Tiller Park is a small park located in the city of Richmond, California. The park is situated on a hill, and offers views of the surrounding area. There is a playground and a picnic area at the park.

Richmond, California area median rent change by ZIP Code map

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How does Richmond compare to other cities in California ?

citymedian price
Saratoga$5,950
Palm Desert$3,500
Plumas Lake$2,495
Highland$2,575
Rio Linda$2,045
Thousand Oaks$3,329
Burlingame$2,879
Willows$1,000
Ukiah$1,500
Paso Robles$2,400

Average household income in Richmond area graph - US Census

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The median household income in Richmond in 2021 was $72,463. This represents a 32.8% change from 2011 when the median was $54,554.

#categorypercent
0Less than $10,0005.2%
1$10,000 to $14,9994.7%
2$15,000 to $19,9992.5%
3$20,000 to $24,9992.8%
4$25,000 to $29,9993.7%
5$30,000 to $34,9994.6%
6$35,000 to $39,9994.3%
7$40,000 to $44,9994.0%
8$45,000 to $49,9992.4%
9$50,000 to $59,9997.2%
10$60,000 to $74,99910.3%
11$75,000 to $99,99915.1%
12$100,000 to $124,9999.1%
13$125,000 to $149,9998.2%
14$150,000 to $199,9998.5%
15$200,000 or more7.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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