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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 $74,400, lower than the Kansas average of $243,949.
The average cost of rent is $616/mo in Richfield, primarily driven by the current value of real estate in the Richfield area. In Richfield, 16.67% of households rent, and 64.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richfield is $5,816 per month. Households that rent pay about 10.59% of their income on rent here. Richfield’s most expensive areas are in the central 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
- Rolla, KS: higher priced homes
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- Campo, CO: higher priced homes
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- Kismet, KS: higher priced homes
Cities with Similar Populations
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- Northwest Stanwood, WA: higher priced homes
- Quinlan, OK: higher priced homes
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