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 $238,509, lower than the New Jersey average of $388,929.
The average cost of rent is $1,042/mo in Richland, primarily driven by the current value of real estate in the Richland area. While nearly 22.09% of residents own their homes outright in Richland, 18.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richland is $6,202 per month. Households that rent pay about 16.80% of their income on rent here. Richland's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Mizpah, NJ: equally priced homes
- Pancoast, NJ: less expensive homes
- Milmay, NJ: equally priced homes
- Buena, NJ: less expensive homes
- Landisville, NJ: less expensive homes
- Minotola, NJ: less expensive homes
- Newtonville, NJ: less expensive homes
- Weymouth, NJ: equally priced homes
- Penny Pot, NJ: equally priced homes
- Dorothy, NJ: less expensive homes
Cities with Similar Populations
- Lake Eunice, MN: higher priced homes
- Huron, IN: less expensive homes
- Iberia, OH: less expensive homes
- Indian Head, PA: less expensive homes
- Ironton, TX: less expensive homes
- James Creek, PA: less expensive homes
- Jamesville, MO: equally priced homes
- Jiba, TX: less expensive homes
- Judson, ND: higher priced homes
- Junction City, IL: less expensive homes
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