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These days, finding an affordable place to live in the Richmond Hill area can be challenging. Home prices in Richmond Hill are now at a median cost of $353,563, higher than the Georgia average of $324,634.
The average cost of rent is $1,946/mo in Richmond Hill, primarily driven by the current value of real estate in the Richmond Hill area. In Richmond Hill, 26.42% of households rent, and 18.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richmond Hill is $9,614 per month. Households that rent pay about 20.24% of their income on rent here. Richmond Hill’s most expensive areas are in the southeastern 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
- Brisbon, GA: equally priced homes
- Rabbit Hill, GA: equally priced homes
- Myrtle Grove, GA: higher priced homes
- Fort McAllister, GA: higher priced homes
- Daniel, GA: less expensive homes
- Keller, GA: higher priced homes
- Dorchester, GA: less expensive homes
- Fleming, GA: less expensive homes
- Vernonburg, GA: less expensive homes
- Montgomery, GA: less expensive homes
Cities with Similar Populations
- West Melbourne, FL: equally priced homes
- Corbin, KY: less expensive homes
- Corsicana, TX: less expensive homes
- Crosby, TX: less expensive homes
- Danvers, MA: higher priced homes
- Deer Park, NY: higher priced homes
- East Lake-Orient Park, FL: less expensive homes
- Edwardsville, IL: less expensive homes
- Eldersburg, MD: higher priced homes
- Elk River, MN: equally priced homes
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