
Affordable
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These days, finding an affordable place to live in the Richard area can be challenging. Home prices in Richard are now at a median cost of $119,400, lower than the Iowa average of $226,062.
The average cost of rent is $725/mo in Richard, primarily driven by the current value of real estate in the Richard area. In Richard, 11.49% of households rent, and 66.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richard is $4,927 per month. Households that rent pay about 14.71% of their income on rent here. Richard’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Knierim, IA: higher priced homes
- Rockwell City, IA: equally priced homes
- Manson, IA: higher priced homes
- Rands, IA: higher priced homes
- Piper, IA: equally priced homes
- Somers, IA: equally priced homes
- Rinard, IA: equally priced homes
- Barnum, IA: higher priced homes
- Pomeroy, IA: less expensive homes
- Roelyn, IA: higher priced homes
Cities with Similar Populations
- Norumbega, ME: higher priced homes
- Oretown, OR: higher priced homes
- Oakley, LA: equally priced homes
- Oak Park, PA: higher priced homes
- Oak Forest, PA: higher priced homes
- Number Nine, AR: higher priced homes
- Noyo, CA: higher priced homes
- Nossville, PA: higher priced homes
- Norwich, IA: higher priced homes
- Osman, IL: higher priced homes
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