Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Richland area can be challenging. Home prices in Richland are now at a median cost of $138,700, lower than the Illinois average of $242,002.
The average cost of rent is $800/mo in Richland, primarily driven by the current value of real estate in the Richland area. While nearly 39.61% of residents own their homes outright in Richland, 17.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richland is $6,235 per month. Households that rent pay about 12.83% of their income on rent here. Richland's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Pleasant Plains, IL: higher priced homes
- Tallula, IL: less expensive homes
- Prentice, IL: equally priced homes
- Salisbury, IL: higher priced homes
- Ashland, IL: less expensive homes
- Berlin, IL: higher priced homes
- Bradfordton, IL: higher priced homes
- Petersburg, IL: higher priced homes
- Tice, IL: higher priced homes
- Yatesville, IL: higher priced homes
Cities with Similar Populations
- Newport, NE: less expensive homes
- Rankin, TN: less expensive homes
- Rainswood, VA: equally priced homes
- Raiford, OK: less expensive homes
- Ragsdale, IN: equally priced homes
- Queets, WA: less expensive homes
- Pyro, OH: less expensive homes
- Newville, NY: less expensive homes
- Newport, TX: higher priced homes
- Raquette Lake, NY: higher priced homes
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