Expensive
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 $497,100, lower than the Oregon average of $502,078.
The average cost of rent is $1,355/mo in Richardson, primarily driven by the current value of real estate in the Richardson area. In Richardson, 18.42% of households rent, and 31.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richardson is $4,851 per month. Households that rent pay about 27.93% of their income on rent here. Richardson’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walton, OR: equally priced homes
- Greenleaf, OR: less expensive homes
- Swisshome, OR: less expensive homes
- Tide, OR: less expensive homes
- Mapleton, OR: less expensive homes
- Deadwood, OR: less expensive homes
- Triangle Lake, OR: less expensive homes
- Noti, OR: equally priced homes
- Minerva, OR: equally priced homes
- Blachly, OR: less expensive homes
Cities with Similar Populations
- Albion, TX: less expensive homes
- Altamont, SD: less expensive homes
- Alton, IN: less expensive homes
- Anoka, IN: less expensive homes
- Arkmo, MO: less expensive homes
- Balch, AR: less expensive homes
- Athol, KY: less expensive homes
- Bakersville, MD: less expensive homes
- Atlantic, ME: less expensive homes
- Austin Junction, OR: less expensive homes
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