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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 $201,446, lower than the Colorado average of $579,698.
The average cost of rent is $776/mo in Richfield, primarily driven by the current value of real estate in the Richfield area. In Richfield, 27.04% of households rent, and 53.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richfield is $4,176 per month. Households that rent pay about 18.58% of their income on rent here. Richfield’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- La Jara, CO: equally priced homes
- Sanford, CO: less expensive homes
- Morgan, CO: higher priced homes
- Manassa, CO: equally priced homes
- Estrella, CO: higher priced homes
- Romeo, CO: equally priced homes
- Capulin, CO: higher priced homes
- Conejos, CO: equally priced homes
- San Acacio, CO: less expensive homes
- Espinosa, CO: higher priced homes
Cities with Similar Populations
- Pyramid, KY: less expensive homes
- Oakwood, MO: less expensive homes
- Oakwood, ND: less expensive homes
- Oasis, IA: higher priced homes
- Odessadale, GA: less expensive homes
- Oliveburg, PA: less expensive homes
- Ordbend, CA: higher priced homes
- Otter Creek, FL: equally priced homes
- Palava, TX: less expensive homes
- Parrish, WI: higher priced homes
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