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245 Pet Friendly Apartments for rent in Richmond, CA

Last updated May 25 at 4:51pm UTC
173 Lakeshore Court
Marina Bay
Richmond, CA
Updated May 25 at 4:51pm UTC
2 Bedrooms
$2,450
1710 Northshore Drive
Marina Bay
Richmond, CA
Updated May 22 at 12:24pm UTC
3 Bedrooms
$3,600
1225 Santa Clara Street
Panhandle Annex
Richmond, CA
Updated May 17 at 10:10am UTC
2 Bedrooms
$2,300
Results within 1 miles of Richmond, CA
Results within 5 miles of Richmond, CA
Bachenheimer Apartments
2119 University Ave
Berkeley, CA
Updated May 25 at 12:58am UTC
2 Bedrooms
$4,059
2121 Florida Ave
Coronado
Richmond, CA
Updated May 22 at 12:29pm UTC
3 Bedrooms
$3,200
2648 Shamrock Dr
Tara Hills
San Pablo, CA
Updated May 24 at 11:07am UTC
4 Bedrooms
$3,000
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May 2018 Richmond Rent Report

Welcome to the May 2018 Richmond Rent Report. Richmond rents remained steady over the past month. In this report, we'll evaluate trends in the Richmond rental market, including comparisons to cities throughout the metro, state, and nation.

View full Richmond Rent Report
Rent Report
Richmond

May 2018 Richmond Rent Report

Welcome to the May 2018 Richmond Rent Report. Richmond rents remained steady over the past month. In this report, we'll evaluate trends in the Richmond rental market, including comparisons to cities throughout the metro, state, and nation.

Richmond rent trends were flat over the past month

Richmond rents have remained flat over the past month, however, they have increased moderately by 3.9% year-over-year. Currently, median rents in Richmond stand at $2,110 for a one-bedroom apartment and $2,650 for a two-bedroom. Richmond's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 1.5%.

Rents rising across the San Francisco Metro

Throughout the past year, rent increases have been occurring not just in the city of Richmond, but across the entire metro. Of the largest 10 cities that we have data for in the San Francisco metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Berkeley has seen rents fall by 3.4% over the past year, the biggest drop in the metro. It also has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,580.
  • Berkeley has the least expensive rents in the San Francisco metro, with a two-bedroom median of $2,580; additionally, the city has seen the fastest rent growth in the metro over the past month (1.5%).
  • San Mateo has the most expensive rents of the largest cities in the San Francisco metro, with a two-bedroom median of $4,340; rents remained steady over the past month.

Many large cities nationwide show more affordable rents compared to Richmond

As rents have increased moderately in Richmond, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Richmond is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 2.4% in San Jose, 2.1% in Los Angeles, and 1.9% in San Diego.
  • Richmond's median two-bedroom rent of $2,650 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 3.9% increase in Richmond.
  • While Richmond's rents rose moderately over the past year, some cities nationwide saw increases as well, including Phoenix (+2.3%) and Dallas (+1.3%).
  • Renters will generally find more expensive prices in Richmond than most large cities. For example, Phoenix has a median 2BR rent of $1,030, where Richmond is more than two-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
San Francisco $2,440 $3,060 -0.0% 1.3%
Fremont $2,920 $3,670 1.4% 5.0%
Hayward $2,240 $2,820 0.4% 1.0%
Concord $2,440 $3,060 0.6% 1.9%
Berkeley $2,050 $2,580 1.5% -3.4%
Richmond $2,110 $2,650 0.3% 3.9%
Antioch $2,860 $3,600 -0.1% 4.3%
Daly City $2,430 $3,050 0.2% 2.5%
San Mateo $3,460 $4,340 0.3% 0.4%
San Leandro $2,170 $2,720 0.3% -0.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.