Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Richmond area can be challenging. Home prices in Richmond are now at a median cost of $117,610, lower than the Arkansas average of $160,541.
The average cost of rent is $700/mo in Richmond, primarily driven by the current value of real estate in the Richmond area. While nearly 52.46% of residents own their homes outright in Richmond, 18.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richmond is $6,634 per month. Households that rent pay about 10.55% of their income on rent here. Richmond's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Ashdown, AR: equally priced homes
- Wilton, AR: less expensive homes
- Fomby, AR: less expensive homes
- Ogden, AR: less expensive homes
- Alleene, AR: less expensive homes
- Wallace, AR: less expensive homes
- Redbank, TX: higher priced homes
- Burns, TX: higher priced homes
- Smith Hill, TX: equally priced homes
- Foreman, AR: less expensive homes
Cities with Similar Populations
- Locktown, NJ: higher priced homes
- Ludville, GA: higher priced homes
- Yonkerville, MO: higher priced homes
- Zamora, NM: higher priced homes
- Lowes Crossroads, DE: higher priced homes
- Lovett, IN: higher priced homes
- Adell, TX: higher priced homes
- Lorenzo, GA: equally priced homes
- Longview, VA: higher priced homes
- Longdale, OK: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood