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These days, finding an affordable place to live in the Richfield area can be challenging. Home prices in Richfield are now at a median cost of $394,344, lower than the California average of $812,006.
The average cost of rent is $1,224/mo in Richfield, primarily driven by the current value of real estate in the Richfield area. In Richfield, 18.20% of households rent, and 40.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richfield is $5,534 per month. Households that rent pay about 22.13% of their income on rent here. Richfield’s most expensive areas are in the southwestern 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
- Corning, CA: less expensive homes
- Tehama, CA: equally priced homes
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- Rawson, CA: less expensive homes
- Dairyville, CA: less expensive homes
- Flournoy, CA: higher priced homes
- Mills Orchard, CA: higher priced homes
Cities with Similar Populations
- Lawrence, WA: higher priced homes
- Serbin, TX: less expensive homes
- Scofield, MI: less expensive homes
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- Savage, KY: less expensive homes
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- Little Sauk, MN: less expensive homes
- Little City, CT: equally priced homes
- Lester, SC: less expensive homes
- Silva, MO: less expensive homes
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