What is the median rent in New Richmond, OH?
The median gross rent in New Richmond, OH is $738 (±$165) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 283 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In New Richmond, the median gross rent went from $702 in 2015–2019 to $738 in 2020–2024 (+5.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $738 (±$165)
- Rented homes
- 283 (±120)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +5.1%
How much rent costs in New Richmond
| Monthly gross rent | New Richmond | Clermont County | Ohio | United States |
|---|---|---|---|---|
| Less than $500 | 24.4% (±17.6 points) | 7.8% | 8.8% | 6.3% |
| $500 to $999 | 64.7% (±18.3 points) | 32.5% | 38.3% | 20.2% |
| $1,000 to $1,499 | 8.8% (±7.8 points) | 38.9% | 34.5% | 28.1% |
| $1,500 to $1,999 | 2.1% (±3.8 points) | 15.6% | 12.3% | 21.1% |
| $2,000 to $2,499 | 0.0% (±12.4 points) | 3.7% | 3.7% | 12.0% |
| $2,500 to $2,999 | 0.0% (±12.4 points) | 0.6% | 1.1% | 5.5% |
| $3,000 or more | 0.0% (±12.4 points) | 0.9% | 1.3% | 6.8% |
The most common range is $500 to $999, paid by 64.7% of renting households.
0.0% of rented homes in New Richmond cost $2,000 or more a month.
New Richmond against Clermont County, its state and the nation
| New Richmond | Clermont County | Ohio | United States | |
|---|---|---|---|---|
| Median gross rent | $738 (±$165) | $1,107 (±$33) | $1,034 (±$5) | $1,413 |
| Rented homes paying rent | 283 (±120) | 21,324 (±1,132) | 1,512,031 (±11,174) | 42,849,984 |
In New Richmond, median gross rent is lower than in Clermont County ($1,107).
It is also lower than in Ohio ($1,034).
It is lower than the national figure ($1,413).
In Clermont County, New Richmond ranks 23 of 27 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1653 of 1,916.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in New Richmond has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $702 (±$92) | $738 (±$165) | +5.1% | No measurable change after inflation |
| Households that rent | 43.0% (±7.3 points) | 27.8% (±10.1 points) | −15.2 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±6.8 points) | 14.5% (±12.7 points) | +14.5 percentage points | Measurable increase |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near New Richmond
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| New Richmond | — | $738 (±$165) | — |
| Ohio Township (Clermont County) | 1.6 mi | $939 (±$397) | Not measurably different |
| Pierce Township | 3.5 mi | $1,126 (±$146) | Higher |
| Amelia | 5.0 mi | $957 (±$76) | Higher |
| Alexandria | 5.6 mi | $1,195 (±$409) | Higher |
| Monroe Township (Clermont County) | 5.6 mi | $978 (±$147) | Higher |
| Mentor | 6.0 mi | $685 (±$77) | Not measurably different |
| Withamsville | 6.2 mi | $1,156 (±$36) | Higher |
| Melbourne | 6.3 mi | $638 (±$289) | Not measurably different |
Nearby places with a measurably higher figure: Pierce Township, OH ($1,126), Amelia, OH ($957), Alexandria, KY ($1,195).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Clermont County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 17 | Batavia Township | $917 (±$134) |
| 18 | Williamsburg | $904 (±$93) |
| 19 | Mount Repose | $892 (±$152) |
| 20 | Jackson Township (Clermont County) | $831 (±$277) |
| 21 | Batavia | $817 (±$78) |
| 22 | Stonelick Township | $762 (±$527) |
| 23 | New Richmond | $738 (±$165) |
| 24 | Tate Township | $721 (±$119) |
| 25 | Franklin Township (Clermont County) | $720 (±$130) |
| 26 | Felicity | $672 (±$222) |
| 27 | Bethel | $667 (±$78) |
Showing 11 of 27 places in Clermont County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about New Richmond
What is the average rent in New Richmond, OH?
The Census Bureau publishes the median rather than the average: the median gross rent in New Richmond is $738 (±$165) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in New Richmond?
In New Richmond, the median gross rent went from $702 in 2015–2019 to $738 in 2020–2024 (+5.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in New Richmond cost more than $2,000 a month?
0.0% of rented homes in New Richmond have a gross rent of $2,000 or more a month, and 24.4% cost less than $500.
Is rent in New Richmond higher than in Clermont County?
In New Richmond, median gross rent is lower than in Clermont County ($1,107).
It is also lower than in Ohio ($1,034).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Richmond village, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Richmond village, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Richmond village, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Richmond village, Ohio (place:55384, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Property taxes in New Richmond
- Types of homes in New Richmond
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- Heating fuel in New Richmond
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- Population growth in New Richmond
- How long people stay in New Richmond
- Ohio landlord and tenant rules
- Housing across Clermont County
- Ohio places ranked by median rent
- Housing data for every place in Ohio