City Report · MO

Richmond Heights

Pop. 9,153·18th most expensive in Missouri·Richmond Heights rents are up 7.1% over the past year
Median rent (all units)
$1,702/mo
Year-over-Year
+7.1%
Month-over-Month
-2.0%
vs US Median
-$263
Falling (Monthly)
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Most AffordableMost Expensive
Richmond Heights · $1,702
More affordable than 61% of US cities · National median $1,965/mo
Rent Reality Score
59/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Richmond Heights's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,702/mo
Expected by trend
$1,779/mo
The Rent Reality Score compares today's median rent to where Richmond Heights's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,060
1 BR
$1,090
2 BR
$1,350
3 BR
$1,740
4 BR+
$2,010
Research median
$1,350/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,424/yr
At $1,702/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.1% YoY, -2.0% MoM), not inventory.
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Demographics

Who lives here

Richmond Heights, MO is roughly split between renters and owners, has a median income above the national average, 76.6% of residents hold a bachelor's degree or higher.

Population
9,153
Median income
$94,460
Median age
35.8
Renters
45.7%
Age distribution
20%
29%
26.4%
13.5%
Under 1820%
18–3429%
35–5426.4%
55–6411.1%
65+13.5%
Gender
47.4%
52.6%
Male47.4%
Female52.6%
Race & ethnicity
82.2%
White82.2%
Black7.3%
Hispanic3.3%
Asian3.8%
Other3.3%
Education (25+)
14.6%
76.6%
HS diploma8.5%
Some college14.6%
Bachelor's+76.6%
Housing tenure
54.3%
45.7%
Owner54.3%
Renter45.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Richmond Heights, MO has changed in 5 years

Rent
$1,312 → $1,702
up 29.7%
Income
$95,972 → $94,460
down 1.6%
Population
9,188 → 9,153
down 0.4%
Renter share
45.4% → 45.7%
+0.3 pts
Bachelor's+
75.7% → 76.6%
+0.9 pts
Median age
37.4 → 35.8
-1.6 yrs

Since 2021, the typical rent in Richmond Heights, MO has increased from $1,312 to $1,702, a 29.7% change over five years. Census figures show median household income at $94,460 today, compared with $95,972 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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View Richmond Heights rent history (2015–2026) →
Salary vs rent

Can you afford rent in Richmond Heights on your salary?

At $1,702/mo, how Richmond Heights rent compares to typical pay (30% rule).

By apartment size

Richmond Heights rent by bedroom count

Median rent for each apartment size in Richmond Heights. Click any size for full breakdown.

Local insights

Tips for renters in Richmond Heights

About renting in Richmond Heights, MO

Last updated: July 20, 2026

The median rent in Richmond Heights is $1,702/mo as of July 2026. A studio apartment averages $1,060/mo while a 2-bedroom runs $1,350/mo. One-bedroom apartments average $1,090/mo and 3-bedroom units go for $1,740/mo.

At 22% of local median household income ($94,460/yr), Richmond Heights ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.1% over the past year.

FAQ

Frequently asked questions

Is Richmond Heights an affordable city for renters?

Richmond Heights is considered very affordable for renters. At $1,702/mo, rent takes approximately 22% of the local median household income ($94,460/yr). The standard benchmark is 30%. Richmond Heights falls comfortably within that range.

How much income do you need to rent in Richmond Heights?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,702/mo in Richmond Heights. The local median household income is $94,460/yr, meaning the typical Richmond Heights household meets that threshold.

Is rent going up or down in Richmond Heights?

Rent in Richmond Heights has increased 7.1% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Richmond Heights rent compare to other cities in Missouri?

Richmond Heights is one of the pricier cities in Missouri for rent, ranking #18 out of 74 tracked cities at $1,702/mo.

Which nearby cities are cheaper to rent in than Richmond Heights?

Several nearby cities have lower median rents than Richmond Heights ($1,702/mo): Maplewood ($1,414/mo), University City ($1,527/mo).

What percentage of Richmond Heights residents rent vs. own?

According to Census data, approximately 45.7% of Richmond Heights households are renters, while 54.3% are owner-occupied. Richmond Heights leans toward homeownership, which can mean a smaller rental inventory.

How does Richmond Heights rent compare to the national average?

Richmond Heights's median rent of $1,702/mo is $263 (13%) below the US national median of $1,965/mo. Within Missouri, it ranks #18 out of 74 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,702/mo, rent takes ~22% of Richmond Heights's median household income ($94,460/yr). The standard benchmark is 30%.

Richmond Heights 22%Benchmark 30%
State income tax2–4.7%
Run the Richmond Heights affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Richmond Heights, MO

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