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 $129,561, lower than the Virginia average of $323,261.
The average cost of rent is $601/mo in Richardson, primarily driven by the current value of real estate in the Richardson area. While nearly 53.92% of residents own their homes outright in Richardson, 18.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richardson is $4,007 per month. Households that rent pay about 14.99% of their income on rent here. Richardson's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Sylvatus, VA: less expensive homes
- Hillsville, VA: equally priced homes
- Shorts Creek, VA: less expensive homes
- Jett, VA: less expensive homes
- Austinville, VA: less expensive homes
- Barren Springs, VA: less expensive homes
- Woodlawn, VA: equally priced homes
- Fosters Falls, VA: higher priced homes
- Dugspur, VA: equally priced homes
- Sheep Town, VA: less expensive homes
Cities with Similar Populations
- Hillcrest Heights, FL: less expensive homes
- Shevlin, MN: higher priced homes
- Shelter Island Heights, NY: higher priced homes
- Sharon, VT: higher priced homes
- Section Thirty, MN: higher priced homes
- Seaview, WA: higher priced homes
- Saltillo, NE: higher priced homes
- Sallis, MS: less expensive homes
- Saline, LA: less expensive homes
- River Haven, NC: higher priced homes
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