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 $118,598, lower than the Texas average of $235,268.
The average cost of rent is $1,174/mo in Richland, primarily driven by the current value of real estate in the Richland area. While nearly 70.48% of residents own their homes outright in Richland, 23.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richland is $4,635 per month. Households that rent pay about 25.32% of their income on rent here. Richland's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Pursley, TX: equally priced homes
- Cheneyboro, TX: higher priced homes
- Navarro, TX: higher priced homes
- Angus, TX: higher priced homes
- Pickett, TX: higher priced homes
- Silver City, TX: equally priced homes
- Corbet, TX: higher priced homes
- Retreat, TX: higher priced homes
- Mildred, TX: equally priced homes
- Oak Valley, TX: higher priced homes
Cities with Similar Populations
- Serena, IL: higher priced homes
- Highland Haven, TX: higher priced homes
- Highland, TN: equally priced homes
- Hillsdale, MS: equally priced homes
- Hitchins, KY: less expensive homes
- Hodgesville, WV: less expensive homes
- Holland, IA: equally priced homes
- Holland Quarters, TX: equally priced homes
- Howard, SC: less expensive homes
- Hullsville, NY: higher priced homes
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