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 $147,149, lower than the Kentucky average of $164,895.
The average cost of rent is $745/mo in Richland, primarily driven by the current value of real estate in the Richland area. While nearly 58.30% of residents own their homes outright in Richland, 20.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richland is $4,951 per month. Households that rent pay about 15.04% of their income on rent here. Richland's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Earlington, KY: less expensive homes
- Charleston, KY: less expensive homes
- Madisonville, KY: less expensive homes
- Rabbit Ridge, KY: less expensive homes
- Mortons Gap, KY: less expensive homes
- St. Charles, KY: less expensive homes
- Nebo, KY: less expensive homes
- Dawson Springs, KY: less expensive homes
- Grapevine, KY: equally priced homes
- Oak Hill, KY: less expensive homes
Cities with Similar Populations
- Rhodell, WV: less expensive homes
- Nixville, SC: less expensive homes
- Nod, MS: less expensive homes
- Nodaway, IA: less expensive homes
- Nolo, PA: less expensive homes
- Oak Forest, IN: higher priced homes
- Omar, NY: equally priced homes
- Omega, MS: less expensive homes
- Ramsey, AR: less expensive homes
- Rantowles, SC: equally priced homes
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