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  4. Richmond

Richmond, Texas

Short-Term Rental Market Data & Investment Analysis

Richmond, Texas Short-Term Rental Market

Richmond and Greater Houston STRs averaged $145 ADR, 53.5% occupancy and $2,165 monthly revenue in September 2026.

Quick Answer: Richmond, Texas is an active short-term rental market. average occupancy in the Houston market area is 53%. average monthly revenue in the Houston market area is $2,165. average daily rate in the Houston market area is $145. the top operator in the Houston market area is Phillip Houston Property Manager with 439 listings. market score is 56/100 (grade C).

Avg Monthly Revenue
$2,165
↓ 1.8% YoY
53%
Occupancy
↑ 0.9% YoY
$145
Avg Daily Rate
↑ 1.6% YoY
25 days avg lead time5.4 avg length of stay

Market data reflects the Houston regional market, which includes Richmond. Regulations, taxes, and permit details below are specific to Richmond.

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation62
Seasonality94
Investability64
Rental Demand58
Revenue Growth54

Market Overview

This profile covers Richmond, Texas within the Greater Houston STR market. Performance figures describe that wider region rather than Richmond alone. Richmond is the seat of Fort Bend County, about 30 miles southwest of downtown Houston, with a population of 12,816.

In September 2026 the Greater Houston STR market averaged an ADR of $145 and occupancy of 53.5%, which produced average monthly revenue of $2,165 per listing. Compared with September 2025, occupancy rose 1.0%, ADR rose 8.8%, and monthly revenue slipped 1.8%. Rate increases are carrying the market while booked nights have barely moved.

The longer record shows the same pattern. Annual average ADR climbed from $104 in 2017 to $152 in 2025, and the first nine months of 2026 average $166. Occupancy has been steadier, ranging from 57.2% to 61.5% between 2017 and 2025, and the 2026 year to date figure is 56.3%. Average monthly revenue was $2,543 in 2024, $2,473 in 2025, and $2,604 across the nine months of 2026 so far.

Entire homes lead on pricing, with an entire home ADR of $166 against the $145 all-listings figure. Demand around Richmond comes mainly from regional day-trippers, school groups and history enthusiasts visiting George Ranch Historical Park, the Fort Bend Museum, the 1908 Fort Bend County Courthouse and the historic downtown district, plus overflow lodging tied to Houston area business and events. No city-specific annual visitor count is published.

Listing counts, bedroom mix and booking channel mix are tracked at a shared regional level rather than uniquely for Richmond, so this profile omits them.

Seasonal Patterns

Monthly seasonal data for Richmond, Texas
MonthOccupancy
Jan53%
Feb60%
Mar64%
Apr57%
May60%
Jun64%
Jul64%
Aug58%
Sep57%
Oct58%
Nov56%
Dec55%

Month-by-month nightly rates and revenue figures for Richmond are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Houston market area

Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Houston market as a whole, which includes Richmond, so these counts are not Richmond-only figures.

#OperatorListingsReviewsRating
1Phillip Houston Property Manager43917,345★ 4.51
2Evolve3608,415★ 4.49
3Landing, Inc.272398★ 3.84
4Landing245158★ 3.56
5Lodgeur1422,171★ 4.78

What Kind of STR Should I Buy in Richmond?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Richmond are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb60.3%
vrbo4.4%
both35.3%

Investment Analysis

The full investment analysis for Richmond — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Richmond)

Typical home values, median sale prices, and the 10-year price trend for Richmond are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Insights

Booking-window and length-of-stay analysis for Richmond — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Short-Term Rental Regulations

Short-term rentals are permitted in Richmond, Texas. The city has no dedicated short-term rental ordinance that research could locate, and enforcement is rated minimal. No STR permit or license is required, and there is no owner-occupancy requirement, no primary residence requirement, and no annual night cap.

The clearest obligation is tax. Richmond levies a 7% local Hotel Occupancy Tax, which is the Texas municipal maximum. Texas also imposes a 6% state Hotel Occupancy Tax on stays under 30 days, so the combined rate on short-term stays is 13%. Operators must register for and remit both the state and city portions. Booking platforms typically collect the state tax automatically, but hosts often remain responsible for the local city portion, so confirm how each platform handles it.

No short-term rental specific zoning ordinance was located in Richmond’s Code of Ordinances. Standard residential zoning, nuisance rules, and building and fire codes still apply. Operators should confirm current requirements with the City of Richmond Planning and Zoning and Finance departments at 281-342-5456, because local rules can change.

No recent STR specific ordinance changes were identified. Fort Bend County defers regulation to individual cities and does not permit or regulate short-term rentals in unincorporated areas. Be careful with online guides: several describe Richmond, Virginia, Richmond, British Columbia, or Richmond, California, and their permit and residency rules do not apply to Richmond, Texas.

Market Comparison

The Greater Houston STR market averaged 53.5% occupancy and a $145 ADR in September 2026. The 2026 year to date occupancy of 56.3% is slightly below the 57.2% to 61.5% range seen from 2017 to 2025.

The rate ladder shows where pricing power sits. Entire homes at $166 and professionally managed listings at $172 sit above the $145 all-listings ADR, and luxury listings at $254 sit $109 above it. This tells investors that premium product earns a clear rate advantage within the market.

On the other hand, rate growth is strong. ADR rose 8.8% year over year in September 2026, and the 2026 year to date ADR of $166 is up from $152 in both 2024 and 2025.

Cost of entry is also a factor. The typical Richmond home value is $381,154. Investors should weigh that price against revenue that is tracked at a shared regional level rather than uniquely for Richmond, and check local comparables before committing.

The top operators in this market are tracked at a shared regional level rather than uniquely for Richmond, so this profile omits them.

Frequently Asked Questions About Richmond, Texas

Are short-term rentals legal in Richmond, Texas?
Yes. Richmond has no dedicated short-term rental ordinance that research could locate, no STR permit is required, and there is no owner-occupancy, primary residence, or night cap rule. Enforcement is rated minimal and centers on tax compliance and general nuisance and code rules.
What taxes apply to short-term rentals in Richmond, TX?
Stays under 30 days are subject to a 6% Texas state Hotel Occupancy Tax and a 7% City of Richmond Hotel Occupancy Tax, for a combined 13%. Platforms often collect the state portion, but hosts frequently remain responsible for the local city portion.
What is the average daily rate in the Richmond area STR market?
Richmond short-term rentals average $145 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
What is the occupancy rate for Richmond area short-term rentals?
Occupancy in the Greater Houston STR market was 53.5% in September 2026, up 1.0% from a year earlier. Over the seasonal year it ranges from 52.8% in January to 64.2% in June.
How much do short-term rentals earn per month in this market?
Across all listing types, Richmond short-term rentals average $2,165 per month. Breakdowns by property type, bedroom count, and season are available with StaySTRA Pro, or run a free address-level estimate with the StaySTRA Analyzer.
What does a typical home cost in Richmond, Texas?
The typical home value was $381,154 in the June 30, 2026 snapshot. The median sale price was $354,067, the median list price was $416,500, and there were 999 homes for sale with a median of 41 days to pending.
How far ahead do guests book, and how long do they stay?
The average booking lead time is 25 days and the average stay is 5.4 nights in the Greater Houston STR market. That supports rate reviews on a weekly basis within a 30 to 45 day window and weekly discounts for longer stays.
Richmond, TexasRev $2,165ADR $145Occ 53%Score C (56)

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Table of Contents

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Quick Facts: Houston market area

Avg Daily Rate
$145
Occupancy Rate
53%
Avg Revenue/Mo
$2,165
Richmond Population
12,816

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