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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 $206,699, lower than the New York average of $610,895.
The average cost of rent is $871/mo in Richfield, primarily driven by the current value of real estate in the Richfield area. In Richfield, 28.17% of households rent, and 53.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richfield is $5,546 per month. Households that rent pay about 15.71% of their income on rent here. Richfield’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Richfield Springs, NY: less expensive homes
- Schuyler Lake, NY: higher priced homes
- South Columbia, NY: equally priced homes
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- West Exeter, NY: equally priced homes
- Columbia Center, NY: less expensive homes
- Plainfield Center, NY: less expensive homes
- West Winfield, NY: less expensive homes
- Warren, NY: equally priced homes
Cities with Similar Populations
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- Navarro, TX: higher priced homes
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