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Affordable
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These days, finding an affordable place to live in the Richmond Heights area can be challenging. Home prices in Richmond Heights are now at a median cost of $411,965, higher than the Florida average of $396,783.
The average cost of rent is $1,784/mo in Richmond Heights, primarily driven by the current value of real estate in the Richmond Heights area. In Richmond Heights, 29.82% of households rent, and 36.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richmond Heights is $6,821 per month. Households that rent pay about 26.16% of their income on rent here. Richmond Heights’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Palmetto Estates, FL: higher priced homes
- Three Lakes, FL: higher priced homes
- West Perrine, FL: equally priced homes
- Perrine, FL: less expensive homes
- Kendall, FL: higher priced homes
- Palmetto Bay, FL: higher priced homes
- The Crossings, FL: higher priced homes
- South Miami Heights, FL: equally priced homes
- Richmond West, FL: higher priced homes
- Country Walk, FL: higher priced homes
Cities with Similar Populations
- Palmer, PR: less expensive homes
- Pine Grove, PA: less expensive homes
- Pigeon Forge, TN: less expensive homes
- Peculiar, MO: less expensive homes
- Paso Seco, PR: less expensive homes
- Park Ridge, NJ: higher priced homes
- Park Forest Village, PA: equally priced homes
- Paoli, PA: higher priced homes
- Palmerton, PA: less expensive homes
- Pine Lake Park, NJ: equally priced homes
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