
Home Price Key
These days, finding an affordable place to live in the Richfield Center area can be challenging. Home prices in Richfield Center are now at a median cost of $158,546, lower than the Michigan average of $196,062.
The average cost of rent is $1,036/mo in Richfield Center, primarily driven by the current value of real estate in the Richfield Center area. While nearly 41.88% of residents own their homes outright in Richfield Center, 7.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richfield Center is $6,239 per month. Households that rent pay about 16.61% of their income on rent here. Richfield Center's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Russellville, MI: less expensive homes
- Davison, MI: equally priced homes
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- Columbiaville, MI: equally priced homes
- Lapeer, MI: equally priced homes
- Thetford Center, MI: equally priced homes
- Burton, MI: less expensive homes
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Cities with Similar Populations
- Appleton, MN: less expensive homes
- Bay City, OR: higher priced homes
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- Blair, OK: equally priced homes
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- Clear Lake, SD: less expensive homes
- Sherwood, OH: less expensive homes
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