4+ Bedroom Apartment Rent in Richmond, KY
Median asking rent for a 4+ bedroom apartment in Richmond, Kentucky as of July 2026. That's +20% higher than the citywide median of $1,188 and +44% below the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Kentucky
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Corbin | $1,300 |
| 2 | Richmond (this page) | $1,420 |
| 3 | Murray | $1,430 |
| 4 | Morehead | $1,450 |
| 5 | Russellville | $1,460 |
| 6 | Lawrenceburg | $1,520 |
| 7 | Owensboro | $1,530 |
| 8 | Bardstown | $1,540 |
| 9 | Nicholasville | $1,630 |
| 10 | Paris | $1,630 |
| 11 | Versailles | $1,630 |
| 12 | Winchester | $1,630 |
| 13 | Newport | $1,700 |
| 14 | Radcliff | $1,700 |
| 15 | Dayton | $1,740 |
Most expensive cities for a 4+ bedroom in Kentucky
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Prospect | $2,990 |
| 2 | Hebron | $2,450 |
| 3 | Burlington | $2,310 |
| 4 | Vine Grove | $2,270 |
| 5 | Independence | $2,200 |
| 6 | Louisville | $2,104 |
| 7 | Florence | $2,090 |
| 8 | Oak Grove | $2,020 |
| 9 | Cold Spring | $1,950 |
| 10 | Lexington | $1,929 |
| 11 | Hopkinsville | $1,910 |
| 12 | Elizabethtown | $1,910 |
| 13 | Erlanger | $1,900 |
| 14 | Fort Thomas | $1,890 |
| 15 | Alexandria | $1,880 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 4+ bedroom rents than Richmond.
| City | Distance | 4+ Bedroom rent | vs Richmond |
|---|---|---|---|
| Winchester, KY | 18.5 mi | $1,630 | +$210 (+15%) |
| Nicholasville, KY | 19 mi | $1,630 | +$210 (+15%) |
| Lexington, KY | 21.9 mi | $1,929 | +$509 (+36%) |
| Paris, KY | 31.4 mi | $1,630 | +$210 (+15%) |
| Versailles, KY | 34 mi | $1,630 | +$210 (+15%) |
| Georgetown, KY | 37.2 mi | $1,740 | +$320 (+23%) |
| Lawrenceburg, KY | 48.8 mi | $1,520 | +$100 (+7%) |
| Frankfort, KY | 50.4 mi | $1,760 | +$340 (+24%) |
| Corbin, KY | 58.9 mi | $1,300 | $-120 (-8%) |
| Morehead, KY | 69 mi | $1,450 | +$30 (+2%) |
| Shelbyville, KY | 69.2 mi | $1,760 | +$340 (+24%) |
| Bardstown, KY | 79.6 mi | $1,540 | +$120 (+8%) |
4+ Bedroom rent in Richmond — common questions
How much is a 4+ bedroom apartment in Richmond?
As of July 2026, the median 4+ bedroom apartment rent in Richmond, Kentucky is $1,420 per month. This is +20% higher than the citywide median of $1,188.
What income do you need to afford a 4+ bedroom in Richmond?
Using the standard 30% rent-to-income rule, you would need an annual income of about $56,800 ($4,733/month gross), which works out to roughly $27.31/hour at a full-time job.
Is Richmond expensive for a 4+ bedroom compared to the rest of the US?
Richmond's 4+ bedroom median of $1,420 is +44% below the national 4+ bedroom median of $2,520. It ranks in the 4th percentile of US cities tracked.
How does Richmond rank for 4+ bedroom rent in Kentucky?
Among the 37 cities in Kentucky with 4+ bedroom data, Richmond ranks #2 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Richmond?
Yes — nearby cities with cheaper 4+ bedroom rents include Corbin ($1,300).