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These days, finding an affordable place to live in the Lake Murray of Richland area can be challenging. Home prices in Lake Murray of Richland are now at a median cost of $321,389, higher than the South Carolina average of $233,397.
The average cost of rent is $1,405/mo in Lake Murray of Richland, primarily driven by the current value of real estate in the Lake Murray of Richland area. While nearly 26.99% of residents own their homes outright in Lake Murray of Richland, 38.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Murray of Richland is $8,767 per month. Households that rent pay about 16.03% of their income on rent here. Lake Murray of Richland's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Ballentine, SC: less expensive homes
- Irmo, SC: less expensive homes
- White Rock, SC: equally priced homes
- Chapin, SC: higher priced homes
- Richtex, SC: less expensive homes
- Seven Oaks, SC: less expensive homes
- Peak, SC: less expensive homes
- St. Andrews, SC: less expensive homes
- Little Mountain, SC: less expensive homes
- Parr, SC: less expensive homes
Cities with Similar Populations
- Marathon City, WI: less expensive homes
- St. Martins, MO: less expensive homes
- Smartville, CA: higher priced homes
- Rich Square, NC: less expensive homes
- Randle, WA: less expensive homes
- Pinetta, FL: less expensive homes
- Morristown, MN: less expensive homes
- Allen, MI: less expensive homes
- Menan, ID: less expensive homes
- Maryland, NY: less expensive homes
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