Expensive
Affordable
Affordable
Colorblind friendly
off
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 $627,955, lower than the California average of $812,006.
The average cost of rent is $1,926/mo in Richmond, primarily driven by the current value of real estate in the Richmond area. In Richmond, 45.90% of households rent, and 35.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richmond is $7,719 per month. Households that rent pay about 24.96% of their income on rent here. Richmond’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Richmond, CA: equally priced homes
- El Cerrito, CA: higher priced homes
- San Pablo, CA: equally priced homes
- El Sobrante, CA: higher priced homes
- Albany, CA: higher priced homes
- Pinole, CA: higher priced homes
- Berkeley, CA: higher priced homes
- Hercules, CA: higher priced homes
- Orinda Village, CA: higher priced homes
- Emeryville, CA: higher priced homes
Cities with Similar Populations
- Medford, OR: less expensive homes
- Mechanicsburg, PA: less expensive homes
- Memphis, TN: less expensive homes
- Melbourne, FL: less expensive homes
- Merced, CA: less expensive homes
- Meridian, ID: equally priced homes
- Metairie, LA: less expensive homes
- Mesquite, TX: less expensive homes
- Modesto, CA: less expensive homes
- Mission, TX: less expensive homes
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