The Most Affordable Neighborhoods in Richmond Annex, Richmond, CA by Home Value

 

Richmond Annex, Richmond, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Richmond Annex area can be challenging. Home prices in Richmond Annex are now at a median cost of $740,679, higher than the Richmond average of $627,955.

The average cost of rent is $2,264/mo in Richmond Annex, primarily driven by the current value of real estate in the Richmond Annex area. In Richmond Annex, 64.62% of households rent, and 33.02% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Richmond Annex is $7,366 per month. Households that rent pay about 30.73% of their income on rent here. Richmond Annex’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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