- 
Tom Butt
 
  E-Mail Forum – 2017  
  < RETURN  
  Richmond Rents decrease by Nearly 10%
February 27, 2017		  

According to Richmond Rent Data from Rent Jungle, Richmond rental rates have actually dropped at about 10% over the last few months as Rent Control is going into effect, calling into question the basic premise for rent control in Richmond. “The average apartment rent over the prior 6 months in Richmond has decreased by $185 (-9.1%). One bedroom units have decreased by $192 (-10.2%) and two bedroom apartments have decreased by $232 (-10.4%)”

Rent trend data in Richmond, California


Richmond Average Rent

05001,0001,5002,000All beds1 beds2 beds

Beds

Rent

All beds

1,842

1 beds

1,693

2 beds

1,993


As of January 2017, average apartment rent within the city of Richmond, CA is $1842.
One bedroom apartments in Richmond rent for $1693 a month on average and two bedroom apartment rents average $1993.

The average apartment rent over the prior 6 months in Richmond has decreased by $185 (-9.1%)
One bedroom units have decreased by $192 (-10.2%) and two bedroom apartments have decreased by $232 (-10.4%)
All Beds1 Beds2 Beds…………………………………………………………………06001,2001,8002,400


Month

All Beds

1 Beds

2 Beds

1/2011

1,144

1,108

1,328

2/2011

1,161

0

1,326

3/2011

1,222

1,146

1,330

4/2011

1,186

1,029

1,296

5/2011

1,160

1,018

1,236

6/2011

1,195

1,068

1,267

7/2011

1,176

920

1,257

8/2011

1,252

1,024

1,327

9/2011

1,233

1,091

1,319

10/2011

1,244

1,119

1,350

11/2011

1,283

1,164

1,393

12/2011

1,309

1,172

1,409

1/2012

1,287

1,146

1,391

2/2012

1,283

1,180

1,365

3/2012

1,249

1,184

1,305

4/2012

1,205

1,119

1,270

5/2012

1,269

1,116

1,363

6/2012

1,208

1,084

1,239

7/2012

1,172

1,034

1,205

8/2012

1,177

1,037

1,187

9/2012

1,157

1,030

1,183

10/2012

1,231

1,110

1,308

11/2012

1,239

1,092

1,332

12/2012

1,214

1,088

1,274

1/2013

1,206

1,058

1,265

2/2013

1,227

1,086

1,290

3/2013

1,317

1,121

1,415

4/2013

1,271

1,072

1,375

5/2013

1,271

1,076

1,363

6/2013

1,279

1,094

1,346

7/2013

1,315

1,107

1,433

8/2013

1,384

1,151

1,494

9/2013

1,390

1,182

1,494

10/2013

1,314

1,160

1,407

11/2013

1,296

1,138

1,364

12/2013

1,411

1,190

1,504

1/2014

1,351

1,164

1,449

2/2014

1,372

1,218

1,455

3/2014

1,440

1,259

1,532

4/2014

1,475

1,288

1,547

5/2014

1,479

1,305

1,602

6/2014

1,516

1,348

1,637

7/2014

1,534

1,360

1,650

8/2014

1,519

1,355

1,645

9/2014

1,508

1,357

1,667

10/2014

1,479

1,360

1,680

11/2014

1,534

1,394

1,740

12/2014

1,625

1,442

1,800

1/2015

1,662

1,523

1,825

2/2015

1,657

1,522

1,838

3/2015

1,710

1,554

1,879

4/2015

1,735

1,555

1,871

5/2015

1,804

1,541

1,949

6/2015

1,893

1,590

1,998

7/2015

1,917

1,627

2,077

8/2015

1,893

1,670

2,050

9/2015

1,931

1,714

2,081

10/2015

1,932

1,718

2,130

11/2015

1,874

1,696

2,083

12/2015

1,950

1,770

2,167

1/2016

1,929

1,780

2,123

2/2016

1,868

1,745

2,052

3/2016

2,018

1,906

2,199

4/2016

1,967

1,854

2,163

5/2016

2,024

1,897

2,232

6/2016

2,026

1,912

2,234

7/2016

2,041

1,925

2,236

8/2016

2,027

1,885

2,225

9/2016

1,944

1,879

2,111

10/2016

1,917

1,835

2,065

11/2016

1,866

1,784

2,002

12/2016

1,847

1,733

2,007

1/2017

1,842

1,693

1,993

Month

All Beds

1 Beds

2 Beds

1/2011

1,144

1,108

1,328

2/2011

1,161

0

1,326

3/2011

1,222

1,146

1,330

4/2011

1,186

1,029

1,296

5/2011

1,160

1,018

1,236

6/2011

1,195

1,068

1,267

7/2011

1,176

920

1,257

8/2011

1,252

1,024

1,327

9/2011

1,233

1,091

1,319

10/2011

1,244

1,119

1,350

11/2011

1,283

1,164

1,393

12/2011

1,309

1,172

1,409

1/2012

1,287

1,146

1,391

2/2012

1,283

1,180

1,365

3/2012

1,249

1,184

1,305

4/2012

1,205

1,119

1,270

5/2012

1,269

1,116

1,363

6/2012

1,208

1,084

1,239

7/2012

1,172

1,034

1,205

8/2012

1,177

1,037

1,187

9/2012

1,157

1,030

1,183

10/2012

1,231

1,110

1,308

11/2012

1,239

1,092

1,332

12/2012

1,214

1,088

1,274

1/2013

1,206

1,058

1,265

2/2013

1,227

1,086

1,290

3/2013

1,317

1,121

1,415

4/2013

1,271

1,072

1,375

5/2013

1,271

1,076

1,363

6/2013

1,279

1,094

1,346

7/2013

1,315

1,107

1,433

8/2013

1,384

1,151

1,494

9/2013

1,390

1,182

1,494

10/2013

1,314

1,160

1,407

11/2013

1,296

1,138

1,364

12/2013

1,411

1,190

1,504

1/2014

1,351

1,164

1,449

2/2014

1,372

1,218

1,455

3/2014

1,440

1,259

1,532

4/2014

1,475

1,288

1,547

5/2014

1,479

1,305

1,602

6/2014

1,516

1,348

1,637

7/2014

1,534

1,360

1,650

8/2014

1,519

1,355

1,645

9/2014

1,508

1,357

1,667

10/2014

1,479

1,360

1,680

11/2014

1,534

1,394

1,740

12/2014

1,625

1,442

1,800

1/2015

1,662

1,523

1,825

2/2015

1,657

1,522

1,838

3/2015

1,710

1,554

1,879

4/2015

1,735

1,555

1,871

5/2015

1,804

1,541

1,949

6/2015

1,893

1,590

1,998

7/2015

1,917

1,627

2,077

8/2015

1,893

1,670

2,050

9/2015

1,931

1,714

2,081

10/2015

1,932

1,718

2,130

11/2015

1,874

1,696

2,083

12/2015

1,950

1,770

2,167

1/2016

1,929

1,780

2,123

2/2016

1,868

1,745

2,052

3/2016

2,018

1,906

2,199

4/2016

1,967

1,854

2,163

5/2016

2,024

1,897

2,232

6/2016

2,026

1,912

2,234

7/2016

2,041

1,925

2,236

8/2016

2,027

1,885

2,225

9/2016

1,944

1,879

2,111

10/2016

1,917

1,835

2,065

11/2016

1,866

1,784

2,002

12/2016

1,847

1,733

2,007

1/2017

1,842

1,693

1,993
 
  < RETURN