Richmond Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Mar 31, 2026

Thinking about renting at Richmond Apartments in Plano? Rent here runs $920 - $3,310, and renters insurance adds about $15/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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19251 Preston Rd, Dallas, TX 75252

Plano

Managed by S2 Residential Built 1986 3 stories 533 units
4/5 ·98 reviews Apt. Finder
$920 - $3,310 /month

Monthly Cost Breakdown at Richmond Apartments

The listed rent isn't the whole number. Here's what Richmond Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,515 – $3,905
Base Rent $920 – $3,310
Required Monthly Fees $580
Est. Renters Insurance $15/mo

Renters Insurance at Richmond Apartments

What Affects Your Premium Here

Every building is different. These factors specific to Richmond Apartments can push your insurance cost up or down:

Older Building

Built in 1986 — older plumbing/electrical may increase risk

Open Access

No gated or controlled access — higher theft exposure

Dog-Friendly

Dogs allowed — consider higher liability coverage

What You'll Likely Pay

$15

Est. Monthly

$176

Est. Annual

$15

With Discounts/mo

$14

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Richmond Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$50,000 recommended

If you own less

$30,000

If you own more

$75,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Dog-friendly community — higher liability recommended for pet-related incidents

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Richmond Apartments:

Carrier Monthly Annual
Lemonade $8/mo $96/yr
USAA $9/mo $108/yr
State Farm $12/mo $144/yr
Progressive $13/mo $156/yr
Safeco $13/mo $156/yr
Travelers $14/mo $168/yr
Allstate $15/mo $180/yr
Nationwide $15/mo $180/yr
Farmers $16/mo $192/yr
Liberty Mutual $18/mo $216/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $15/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Dallas.

On-Site Security

Property manager on site Perimeter fencing

Fees Beyond Rent

These are the additional charges beyond base rent at Richmond Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Common Area Maintenance Fee

Includes Valet Trash Service, Pest Control, Liability Insurance, 500mbps Spectrum Internet, Spectrum Cable, and Package Lockers

$145 / mo

Utility - Water

Usage-Based

Utility - Sewer

Usage-Based

Utility - Gas

Usage-Based

Utility - Electric

Usage-Based

Administrative Fee

$100

Security Deposit - Refundable

$250

Application Fee Per Applicant

$75

Pets Fees

Monthly Pet Fee

$25 / mo

One-Time Pet Fee

$0 - $400

Parking Fees

Parking Fee

N/A / mo

Addons Fees

Pet Screening Application

$30

Situational Fees

Transfer & Sublet

$500 / occurence

Month to Month Fees

$500 / occurence

Late Fee

10% of base rent / occurence

Early Lease Termination/Cancellation

Varies

Attorney Fees

Varies

Cleaning and Damage Fees

Varies

Amenities

Special Features

1st Floor 2nd Floor 3rd Floor ADA Accessible Handicap Accessible Smart Home Technology Washer and Dryer

Community Features

Laundry Facilities Maintenance on site Trash Pickup - Door to Door Online Services Pet Play Area Clubhouse Walk-Up Courtyard Grill Picnic Area Fitness Center Pool Playground Tennis Court

Floor Plan Amenities

High Speed Internet Access Washer/Dryer Washer/Dryer Hookup Air Conditioning Heating Ceiling Fans Smoke Free Storage Space Tub/Shower Fireplace Dishwasher Granite Countertops Stainless Steel Appliances Pantry Kitchen Microwave Oven Range Refrigerator Hardwood Floors Vinyl Flooring Sunroom Built-In Bookshelves Walk-In Closets Window Coverings Balcony Patio

What's Within Reach

Groceries, pharmacies, gyms — the basics you'll want close by. Here's what's in the neighborhood around Richmond Apartments.

Grocery

  • KeyMe Locksmiths 3.9
  • Western Union 4.5

Hospital

  • ER of Dallas - Emergency Room 4.9
  • Preston Hollow Emergency Room 4.5
  • Medical City Dallas Emergency Room 3.7

Gym

  • Hidden Gym 4.7
  • Anytime Fitness 4.4
  • Power Play Fitness 4.9

Gas

  • Western Union Money Order Only

Pet Policy

Bringing a pet? Here's what Richmond Apartments allows — and keep in mind, if you have a dog, most insurance advisors recommend bumping your liability coverage to at least $300,000. Standard renters policies cover pet-related incidents, but the default $100,000 limit may not be enough if something happens.

  • Dogs, Cats, Birds, Fish, and Reptiles Allowed
  • $25 Monthly Pet Rent
  • 2 Pet Limit

About Richmond Apartments

Select from either 1 or 2 bedroom apartments that are designed with both your comfort and your style in mind. The apartments feature hardwood-style flooring, stainless steel appliances, sleek cabinetry, and more! You will enjoy an array of amenities and privileges at Richmond that you won’t find anywhere else in Dallas. Relax and socialize at one of our two newly upgraded saltwater swimming pools, take your canine friend to our fenced-in dog park, or mingle with friends at the recently renovated 24-hour resident hub.

Year Built: 1986
Stories: 3
Total Units: 533
Management: S2 Residential
Phone: (469) 208-5889

Other Options Nearby

Still weighing your choices? These communities are in the same part of Dallas — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does Richmond Apartments require renters insurance?
We didn't find a public insurance requirement for Richmond Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Richmond Apartments?
For this zip code and building type, expect to pay around $15/month ($176/year). For context, the statewide average is $14/month, so this building is right around average.
What will I actually pay per month at Richmond Apartments?
Plan for $1,515 to $3,905/month all-in. That's base rent ($920 - $3,310), plus $580/month in required fees (trash, utilities, etc.), plus roughly $15/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Richmond Apartments allow pets?
Yes, Richmond Apartments is pet-friendly. Here are the details: Dogs, Cats, Birds, Fish, and Reptiles Allowed. $25 Monthly Pet Rent. 2 Pet Limit. If you have a pet, keep in mind that most renters insurance policies cover pet liability — but you may want to increase your liability limit, especially for larger breeds.
What floor plans does Richmond Apartments offer?
There are 16 floor plans to choose from, spanning 1-bedroom, 2-bedroom layouts. Rent ranges from $920 - $3,310. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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