3-Bedroom Apartment Rent in Richmond, KY
Median asking rent for a 3-bedroom apartment in Richmond, Kentucky as of July 2026. That's +12% higher than the citywide median of $1,188 and +38% below the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Richmond
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.
Rent by apartment size in Richmond
Compare Richmond's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Kentucky
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Corbin | $1,100 |
| 2 | Morehead | $1,110 |
| 3 | Russellville | $1,210 |
| 4 | Bardstown | $1,270 |
| 5 | Paducah | $1,270 |
| 6 | Murray | $1,300 |
| 7 | Richmond (this page) | $1,330 |
| 8 | Lawrenceburg | $1,370 |
| 9 | Radcliff | $1,420 |
| 10 | Bowling Green | $1,433 |
| 11 | Nicholasville | $1,440 |
| 12 | Paris | $1,440 |
| 13 | Versailles | $1,440 |
| 14 | Winchester | $1,440 |
| 15 | Owensboro | $1,530 |
Most expensive cities for a 3-bedroom in Kentucky
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Prospect | $2,580 |
| 2 | Hebron | $2,210 |
| 3 | Burlington | $2,100 |
| 4 | Independence | $1,990 |
| 5 | Florence | $1,900 |
| 6 | Vine Grove | $1,870 |
| 7 | Louisville | $1,818 |
| 8 | Cold Spring | $1,760 |
| 9 | Erlanger | $1,720 |
| 10 | Lexington | $1,713 |
| 11 | Fort Thomas | $1,710 |
| 12 | Alexandria | $1,700 |
| 13 | Oak Grove | $1,680 |
| 14 | Elizabethtown | $1,600 |
| 15 | Fort Wright | $1,598 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 3-bedroom rents than Richmond.
| City | Distance | 3-Bedroom rent | vs Richmond |
|---|---|---|---|
| Winchester, KY | 18.5 mi | $1,440 | +$110 (+8%) |
| Nicholasville, KY | 19 mi | $1,440 | +$110 (+8%) |
| Lexington, KY | 21.9 mi | $1,713 | +$383 (+29%) |
| Paris, KY | 31.4 mi | $1,440 | +$110 (+8%) |
| Versailles, KY | 34 mi | $1,440 | +$110 (+8%) |
| Georgetown, KY | 37.2 mi | $1,550 | +$220 (+17%) |
| Lawrenceburg, KY | 48.8 mi | $1,370 | +$40 (+3%) |
| Frankfort, KY | 50.4 mi | $1,540 | +$210 (+16%) |
| Corbin, KY | 58.9 mi | $1,100 | $-230 (-17%) |
| Morehead, KY | 69 mi | $1,110 | $-220 (-17%) |
| Shelbyville, KY | 69.2 mi | $1,540 | +$210 (+16%) |
| Bardstown, KY | 79.6 mi | $1,270 | $-60 (-5%) |
3-Bedroom rent in Richmond — common questions
How much is a 3-bedroom apartment in Richmond?
As of July 2026, the median 3-bedroom apartment rent in Richmond, Kentucky is $1,330 per month. This is +12% higher than the citywide median of $1,188.
What income do you need to afford a 3-bedroom in Richmond?
Using the standard 30% rent-to-income rule, you would need an annual income of about $53,200 ($4,433/month gross), which works out to roughly $25.58/hour at a full-time job.
Is Richmond expensive for a 3-bedroom compared to the rest of the US?
Richmond's 3-bedroom median of $1,330 is +38% below the national 3-bedroom median of $2,130. It ranks in the 8th percentile of US cities tracked.
How does Richmond rank for 3-bedroom rent in Kentucky?
Among the 38 cities in Kentucky with 3-bedroom data, Richmond ranks #7 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Richmond?
Yes — nearby cities with cheaper 3-bedroom rents include Corbin ($1,100), Morehead ($1,110), Bardstown ($1,270).