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 $255,404, higher than the Michigan average of $196,062.
The average cost of rent is $784/mo in Richland, primarily driven by the current value of real estate in the Richland area. While nearly 31.82% of residents own their homes outright in Richland, 11.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richland is $8,063 per month. Households that rent pay about 9.72% of their income on rent here. Richland's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Richland Junction, MI: less expensive homes
- Howlandsburg, MI: equally priced homes
- Hickory Corners, MI: higher priced homes
- Galesburg, MI: less expensive homes
- Augusta, MI: less expensive homes
- Parchment, MI: less expensive homes
- Eastwood, MI: less expensive homes
- Orangeville, MI: less expensive homes
- Greater Galesburg, MI: less expensive homes
- Prairieville, MI: less expensive homes
Cities with Similar Populations
- Olalla, WA: higher priced homes
- Omro, WI: less expensive homes
- Olyphant, PA: less expensive homes
- Olmito, TX: less expensive homes
- Oliver Springs, TN: less expensive homes
- Old Town, FL: less expensive homes
- Old Tappan, NJ: higher priced homes
- Old Greenwich, CT: higher priced homes
- Old Fort, NC: less expensive homes
- Old Fig Garden, CA: higher priced homes
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