Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Richardson area can be challenging. Home prices in Richardson are now at a median cost of $340,419, higher than the Illinois average of $242,002.
The average cost of rent is $1,112/mo in Richardson, primarily driven by the current value of real estate in the Richardson area. While nearly 32.35% of residents own their homes outright in Richardson, 15.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richardson is $9,507 per month. Households that rent pay about 11.70% of their income on rent here. Richardson's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Virgil, IL: less expensive homes
- Wasco, IL: equally priced homes
- Maple Park, IL: less expensive homes
- Burlington, IL: equally priced homes
- Lily Lake, IL: equally priced homes
- Sycamore, IL: less expensive homes
- Cortland, IL: less expensive homes
- North Plato, IL: higher priced homes
- Campton Hills, IL: higher priced homes
- Elburn, IL: less expensive homes
Cities with Similar Populations
- Laurence Harbor, NJ: less expensive homes
- Rosewood, OH: less expensive homes
- Magnolia, IL: less expensive homes
- Lunds, WI: less expensive homes
- Longtown, MS: less expensive homes
- Lindsay, LA: less expensive homes
- Lindenwood, IL: less expensive homes
- Lesterville, SD: less expensive homes
- Lenox, MO: less expensive homes
- Leland, IA: less expensive homes
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