{
  "schema_version": "1.0",
  "submarket": {
    "slug": "richmond-tx",
    "name": "Richmond",
    "state": "TX",
    "city": "RICHMOND",
    "cbsa": "Houston-Pasadena-The Woodlands",
    "zip_codes": [
      "77406",
      "77469"
    ]
  },
  "report": {
    "yearmonth": "202609",
    "month_label": "September 2026",
    "first_published_at": "2026-11-04T03:01:48.407Z",
    "last_updated_at": "2026-11-04T03:01:48.388Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1386,
        "low": 1330,
        "high": 1441,
        "mom_pct": 1.9750342465753425,
        "yoy_pct": -0.788972602739726
      },
      "2br": {
        "median": 1822,
        "low": 1731,
        "high": 1913,
        "mom_pct": 2.090206185567011,
        "yoy_pct": 2.2186597938144335
      },
      "3br": {
        "median": 2245,
        "low": 2133,
        "high": 2357,
        "mom_pct": -0.3475806451612904,
        "yoy_pct": -0.3312903225806455
      },
      "4br": {
        "median": 2971,
        "low": 2882,
        "high": 3060,
        "mom_pct": 0.14428571428571432,
        "yoy_pct": 0.8357142857142856
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1378,
        "low": 1348,
        "high": 1408,
        "mom_pct": -2.97,
        "yoy_pct": -3.9000000000000004
      },
      "2br": {
        "median": 1816,
        "low": 1771,
        "high": 1861,
        "mom_pct": 0.182,
        "yoy_pct": 0.213
      },
      "3br": {
        "median": 2366,
        "low": 2290,
        "high": 2441,
        "mom_pct": 0.7276923076923077,
        "yoy_pct": 3.1046153846153848
      },
      "4br": {
        "median": 3134,
        "low": 3040,
        "high": 3228,
        "mom_pct": -0.045000000000000005,
        "yoy_pct": 2.905
      }
    },
    "single_family": {
      "1br": {
        "median": 1532,
        "low": 1513,
        "high": 1581,
        "mom_pct": -0.325,
        "yoy_pct": 5.66
      },
      "2br": {
        "median": 1694,
        "low": 1651,
        "high": 1736,
        "mom_pct": 1.59,
        "yoy_pct": -2.036666666666667
      },
      "3br": {
        "median": 2150,
        "low": 2042,
        "high": 2257,
        "mom_pct": -0.5618749999999999,
        "yoy_pct": -0.25625
      },
      "4br": {
        "median": 2557,
        "low": 2417,
        "high": 2698,
        "mom_pct": -3.678672199170124,
        "yoy_pct": 0.7524896265560166
      }
    }
  },
  "vacancy": 3.7969,
  "days_on_market": {
    "apartment": 32,
    "condo_townhome": 29,
    "single_family": 21
  },
  "ai_summary": [
    {
      "headline": "1BR segments move in opposite directions",
      "body": "In the Richmond (77406, 77469) rental market, in the Houston metro area, 1BR apartments rose 1.98% MoM to $1,386 while 1BR condos declined 2.97% MoM to $1,378, leaving a narrow $8 gap. At the same time, 1BR single-family homes reached $1,532, up 5.66% YoY but down 0.33% MoM, signaling recent softness after a stronger annual run-up."
    },
    {
      "headline": "2BR rentals split between gains and cuts",
      "body": "Across property types, 2BR apartments in Richmond (77406, 77469) climbed 2.09% MoM and 2.22% YoY to $1,822, while 2BR condos edged up 0.18% MoM and 0.21% YoY to $1,816. In contrast, 2BR single-family homes, at $1,694, show a 1.59% MoM increase but a 2.04% YoY decline, reflecting landlord willingness to ease pricing over the past year."
    },
    {
      "headline": "3BR and 4BR homes show divergence",
      "body": "Larger units show contrasting paths, as Richmond (77406, 77469) rental trends highlight. 3BR condos increased 0.73% MoM and 3.10% YoY to $2,366, while 3BR apartments slipped 0.35% MoM and 0.33% YoY to $2,245. Among 4BR options, single-family homes fell 3.68% MoM to $2,557 even as 4BR condos gained 2.91% YoY to $3,134, widening the amenity-driven premium."
    }
  ],
  "summary": {
    "canonical": [
      "As of September 2026, rental prices in Richmond (77406, 77469), in the Houston metro area, range from $1,378 to $3,134 per month depending on property type and bedroom count.",
      "The largest year-over-year change in Richmond, Texas is a 5.66% increase for single-family 1BR homes, rising to a median rent of $1,532 in September 2026.",
      "For 3BR units in Richmond, Texas, single-family homes have a median rent of $2,150 compared with $2,245 for apartments and $2,366 for condos/townhomes as of September 2026."
    ],
    "qa": [
      {
        "question": "What is the typical range of monthly rents in Richmond, Texas right now?",
        "answer": "As of September 2026, median monthly rents in Richmond (77406, 77469), in the Houston metro area, range from $1,378 for 1BR condos/townhomes up to $3,134 for 4BR condos/townhomes, depending on property type and bedroom count."
      },
      {
        "question": "In Richmond, Texas, what are the rent differences between apartments and single-family homes for the same bedroom size?",
        "answer": "As of September 2026 in Richmond, Texas, single-family 1BR homes rent for $1,532 versus $1,386 for 1BR apartments, 2BR single-family homes are $1,694 compared with $1,822 for 2BR apartments, 3BR single-family homes are $2,150 versus $2,245 for 3BR apartments, and 4BR single-family homes are $2,557 compared with $2,971 for 4BR apartments."
      },
      {
        "question": "Are rents going up or down across different property types in Richmond, Texas?",
        "answer": "In Richmond, Texas as of September 2026, apartment YoY rent changes are -0.79% for 1BR, 2.22% for 2BR, -0.33% for 3BR, and 0.84% for 4BR, condos/townhomes show YoY changes of -3.90% for 1BR, 0.21% for 2BR, 3.10% for 3BR, and 2.90% for 4BR, and single-family homes have YoY changes of 5.66% for 1BR, -2.04% for 2BR, -0.26% for 3BR, and 0.75% for 4BR."
      },
      {
        "question": "Which segment has the biggest annual rent decrease in Richmond, Texas, and is it affecting all sizes or just one?",
        "answer": "The largest year-over-year decline in Richmond, Texas as of September 2026 is in condo/townhome 1BR units, where median rent decreased by 3.90% to $1,378. Other condo/townhome sizes have YoY increases of 0.21% for 2BR, 3.10% for 3BR, and 2.90% for 4BR, so the decrease is limited to the 1BR condo/townhome segment rather than occurring across all condo/townhome bedroom counts."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202609",
      "month_label": "September 2026",
      "rents": {
        "apartment": {
          "1br": 1386,
          "2br": 1822,
          "3br": 2245,
          "4br": 2971
        },
        "condo_townhome": {
          "1br": 1378,
          "2br": 1816,
          "3br": 2366,
          "4br": 3134
        },
        "single_family": {
          "1br": 1532,
          "2br": 1694,
          "3br": 2150,
          "4br": 2557
        }
      }
    },
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1356,
          "2br": 1775,
          "3br": 2096,
          "4br": 2966
        },
        "condo_townhome": {
          "1br": 1411,
          "2br": 1818,
          "3br": 2324,
          "4br": 3136
        },
        "single_family": {
          "1br": 1537,
          "2br": 1668,
          "3br": 2139,
          "4br": 2640
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1373,
          "2br": 1821,
          "3br": 2291,
          "4br": 2937
        },
        "condo_townhome": {
          "1br": 1350,
          "2br": 1835,
          "3br": 2275,
          "4br": 3031
        },
        "single_family": {
          "1br": 1522,
          "2br": 1704,
          "3br": 2102,
          "4br": 2579
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1354,
          "2br": 1815,
          "3br": 2212,
          "4br": 2891
        },
        "condo_townhome": {
          "1br": 1421,
          "2br": 1818,
          "3br": 2358,
          "4br": 3072
        },
        "single_family": {
          "1br": 1497,
          "2br": 1701,
          "3br": 2095,
          "4br": 2501
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1323,
          "2br": 1757,
          "3br": 2225,
          "4br": 2862
        },
        "condo_townhome": {
          "1br": 1401,
          "2br": 1812,
          "3br": 2317,
          "4br": 3012
        },
        "single_family": {
          "1br": 1470,
          "2br": 1674,
          "3br": 2070,
          "4br": 2482
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1344,
          "2br": 1760,
          "3br": 2091,
          "4br": 2826
        },
        "condo_townhome": {
          "1br": 1383,
          "2br": 1782,
          "3br": 2367,
          "4br": 2969
        },
        "single_family": {
          "1br": 1395,
          "2br": 1687,
          "3br": 2024,
          "4br": 2475
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1249,
          "2br": 1755,
          "3br": 2243,
          "4br": 2808
        },
        "condo_townhome": {
          "1br": 1372,
          "2br": 1778,
          "3br": 2274,
          "4br": 2942
        },
        "single_family": {
          "1br": 1434,
          "2br": 1651,
          "3br": 2020,
          "4br": 2465
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1263,
          "2br": 1731,
          "3br": 2236,
          "4br": 2772
        },
        "condo_townhome": {
          "1br": 1376,
          "2br": 1772,
          "3br": 2230,
          "4br": 2923
        },
        "single_family": {
          "1br": 1433,
          "2br": 1638,
          "3br": 2060,
          "4br": 2446
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1360,
          "2br": 1762,
          "3br": 2209,
          "4br": 2843
        },
        "condo_townhome": {
          "1br": 1396,
          "2br": 1787,
          "3br": 2256,
          "4br": 2935
        },
        "single_family": {
          "1br": 1424,
          "2br": 1659,
          "3br": 2077,
          "4br": 2454
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1365,
          "2br": 1759,
          "3br": 2227,
          "4br": 2880
        },
        "condo_townhome": {
          "1br": 1423,
          "2br": 1765,
          "3br": 2248,
          "4br": 2940
        },
        "single_family": {
          "1br": 1424,
          "2br": 1695,
          "3br": 2085,
          "4br": 2452
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1378,
          "2br": 1756,
          "3br": 2281,
          "4br": 2968
        },
        "condo_townhome": {
          "1br": 1425,
          "2br": 1788,
          "3br": 2286,
          "4br": 3010
        },
        "single_family": {
          "1br": 1426,
          "2br": 1715,
          "3br": 2092,
          "4br": 2461
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1400,
          "2br": 1785,
          "3br": 2288,
          "4br": 2967
        },
        "condo_townhome": {
          "1br": 1434,
          "2br": 1815,
          "3br": 2296,
          "4br": 3030
        },
        "single_family": {
          "1br": 1434,
          "2br": 1732,
          "3br": 2103,
          "4br": 2474
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/richmond-tx/",
    "self": "https://data.estaite.com/feeds/richmond-tx.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}