Long-term Rental Rates — September 2026 · ZIPs: 77406,77469
Local market data by Emerson Property Management
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 rent increase was for single-family 1BR homes in Richmond, TX, up 5.66%.
For 2BR units, apartments are $1,822 while condos/townhomes are $1,816.
What is the typical rent range in Richmond, TX for September 2026?
In September 2026, the monthly rent in Richmond, TX ranges from $1,378 for a 1BR condo/townhome to $3,134 for a 4BR condo/townhome.
How do apartment and condo/townhome rents compare for the same bedroom count in Richmond, TX?
For 1BR, apartments have a median rent of $1,386 while condo/townhome rents are $1,378; for 2BR, apartments are $1,822 versus condos/townhomes at $1,816.
What is the premium gap between condos/townhomes and single-family homes for the same bedroom count in Richmond, TX?
A 4BR condo/townhome rents for $3,134 while a 4BR single-family home rents for $2,557, putting the premium at $577 per month for condos/townhomes.
Are rents rising or falling across property types in Richmond, TX as of September 2026?
In Richmond, TX as of September 2026, rents are rising in some segments such as single-family 1BR (5.66% YoY), and falling in others like condo/townhome 1BR (-3.90% YoY) according to year-over-year changes.
Richmond, TX· Houston metro
September 2026
77406,77469
Long-term Rental Rates
Long-term rental rates for Richmond (77406,77469), in the Houston metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,330 – $1,441
1.98%
-0.79%
2-Bedroom
$1,731 – $1,913
2.09%
2.22%
3-Bedroom
$2,133 – $2,357
-0.35%
-0.33%
4-Bedroom
$2,882 – $3,060
0.14%
0.84%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,348 – $1,408
-2.97%
-3.90%
2-Bedroom
$1,771 – $1,861
0.18%
0.21%
3-Bedroom
$2,290 – $2,441
0.73%
3.10%
4-Bedroom
$3,040 – $3,228
-0.05%
2.90%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,513 – $1,581
-0.33%
5.66%
2-Bedroom
$1,651 – $1,736
1.59%
-2.04%
3-Bedroom
$2,042 – $2,257
-0.56%
-0.26%
4-Bedroom
$2,417 – $2,698
-3.68%
0.75%
Data updated: November 3, 2026
Richmond Rental Trends · Houston metro
In the Richmond (77406, 77469) rental market, in the Houston metro area, 2-bedroom apartments recorded a 2.09% month-over-month increase, bringing the median rent to $1,822 for September 2026. This rise outpaces the 1-bedroom apartment segment, which reached $1,386, showing stronger demand for mid-sized units.
Annual rent growth for single-family 1-bedroom homes in Richmond (77406, 77469) was 5.66%, with a median rent of $1,532. By contrast, 1-bedroom apartments saw a year-over-year decline of 0.79%, highlighting the greater appreciation rate for small single-family properties in this market.
Three-bedroom condos in the Richmond (77406, 77469) area command a median rent of $2,366, which is $121 higher than comparable apartments at $2,245. This price difference underscores how Richmond (77406, 77469) rental trends favor amenity-rich condo properties for larger households.
Emerson Property Management helps Houston-area homeowners who never planned to be landlords (relocating, inherited a home, couldn't sell, or moved in with a partner) rent their house with confidence. Founder-broker Cameron Tope owns 30+ rentals, and Emerson manages 300+ homes. Owners get one asset manager, replies within 4 business hours, a 30-day lease guarantee, month-to-month terms with 90-day risk-free cancellation, and plans from $89/mo.
Properties Managed: Single-family homes owners never planned to rent (relocations, inherited and unsold homes), plus investor rentals across Greater Houston
Target Audience: Accidental landlords relocating, inherited a home, couldn't sell, or moved in with a partner, and single-family rental investors
Market Notes: Katy, Spring, Cypress, Sugar Land, The Woodlands, Pearland, Tomball, Fulshear, the Heights & more. Priorities: fast leasing, low vacancy