Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Richland Junction area can be challenging. Home prices in Richland Junction are now at a median cost of $232,259, higher than the Michigan average of $196,062.
The average cost of rent is $763/mo in Richland Junction, primarily driven by the current value of real estate in the Richland Junction area. While nearly 30.04% of residents own their homes outright in Richland Junction, 1.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richland Junction is $8,817 per month. Households that rent pay about 8.65% of their income on rent here. Richland Junction's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Richland, MI: higher priced homes
- Orangeville, MI: less expensive homes
- Parchment, MI: less expensive homes
- Eastwood, MI: less expensive homes
- Plainwell, MI: less expensive homes
- Hickory Corners, MI: higher priced homes
- Howlandsburg, MI: equally priced homes
- Galesburg, MI: less expensive homes
- Prairieville, MI: less expensive homes
- Westwood, MI: less expensive homes
Cities with Similar Populations
- Miles, TX: less expensive homes
- Onarga, IL: less expensive homes
- Oatmeal, TX: higher priced homes
- Oak Leaf, TX: higher priced homes
- North Haverhill, NH: less expensive homes
- Ney, OH: less expensive homes
- New Ulm, TX: equally priced homes
- Murphy Corner, WI: higher priced homes
- Mount Victory, OH: less expensive homes
- Mount Sylvan, TX: less expensive homes
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