
Affordable
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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 $31,400, lower than the Kentucky average of $219,615.
The average cost of rent is $950/mo in Richardson, primarily driven by the current value of real estate in the Richardson area. In Richardson, 21.88% of households rent, and 95.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richardson is $2,847 per month. Households that rent pay about 33.37% of their income on rent here. Richardson’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
- Ulysses, KY: higher priced homes
- Milo, KY: higher priced homes
- Whitehouse, KY: higher priced homes
- Charley, KY: higher priced homes
- Lowmansville, KY: higher priced homes
- Tomahawk, KY: higher priced homes
- River, KY: higher priced homes
- Job, KY: higher priced homes
- Boons Camp, KY: higher priced homes
- Inez, KY: higher priced homes
Cities with Similar Populations
- Old Station, CA: higher priced homes
- Rayland, TX: higher priced homes
- Queen Shoals, WV: higher priced homes
- Osborne, IA: higher priced homes
- Orleans, MN: higher priced homes
- Olivett, OH: higher priced homes
- Olive, MD: higher priced homes
- Olga, ND: higher priced homes
- Olena, IL: higher priced homes
- Reading, IL: higher priced homes
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