Expensive
Affordable
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 $213,937, lower than the Louisiana average of $235,139.
The average cost of rent is $865/mo in Richard, primarily driven by the current value of real estate in the Richard area. In Richard, 23.77% of households rent, and 61.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richard is $4,512 per month. Households that rent pay about 19.18% of their income on rent here. Richard’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pitreville, LA: less expensive homes
- Mowata, LA: less expensive homes
- Branch, LA: equally priced homes
- Church Point, LA: less expensive homes
- Swords, LA: less expensive homes
- Eunice, LA: less expensive homes
- Rork, LA: higher priced homes
- Higginbotham, LA: less expensive homes
- Maxie, LA: equally priced homes
- Chataignier, LA: less expensive homes
Cities with Similar Populations
- Mount Zion, TN: less expensive homes
- Morning Star, VA: higher priced homes
- Moselle, SC: less expensive homes
- Mount Carmel, IN: equally priced homes
- Mount Erie, IL: less expensive homes
- Mount Gilead, TN: less expensive homes
- Mount Ida, WI: higher priced homes
- Mount Pleasant, WV: higher priced homes
- Mount Vernon, NC: equally priced homes
- Monches, WI: higher priced homes
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