Apartment Rent in Richmond
Portland, Oregon · OR
Avg 1BR Rent $1,750 /month
Rent by Bedroom Count
Studio $1,225/mo ~431 sq ft $2.84/sq ft
1 Bedroom $1,750/mo ~599 sq ft $2.92/sq ft
2 Bedrooms $2,550/mo ~869 sq ft $2.93/sq ft
3 Bedrooms $3,400/mo ~1108 sq ft $3.07/sq ft
Market Metrics
Year-over-Year Change -0.1% Rents declining
Vacancy Rate 8.2% Plenty of options
Walk Score 55/100 Somewhat Walkable
Transit Score 28/100 Some Transit
What to Budget
At $1,750/mo for a 1-bedroom in Richmond, you should budget at least $5,250/mo in gross income (the standard 30% rule). For a studio at $1,225/mo, you'd need roughly $3,675/mo.
Studio income needed $3,675/mo
1BR income needed $5,250/mo
2BR income needed $7,650/mo
Moving to Richmond?
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