Affordable
Expensive
Expensive
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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 $295,744, lower than the Lehigh Acres average of $300,251.
The average cost of rent is $1,470/mo in Richmond, primarily driven by the current value of real estate in the Richmond area. In Richmond, 29.83% of households rent, and 31.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richmond is $5,843 per month. Households that rent pay about 25.15% of their income on rent here. Richmond’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Harris, Lehigh Acres, FL: equally priced homes
- Sunshine, Lehigh Acres, FL: equally priced homes
- Arborwood, Fort Myers, FL: higher priced homes
- Tice, Fort Myers, FL: less expensive homes
- Winkler Safe Neighborhood, Fort Myers, FL: less expensive homes
- Fort Myers Villas, Villas, FL: equally priced homes
- Mariner, Cape Coral, FL: higher priced homes
- Pelican, Cape Coral, FL: higher priced homes
- Orangetree, Naples, FL: higher priced homes
- Summit Place in Naples, Naples, FL: higher priced homes
Neighborhoods with Similar Populations
- Beverly, Toledo, OH: less expensive homes
- Wright Area, Santa Rosa, CA: higher priced homes
- Windsor Park, Austin, TX: higher priced homes
- Westside Community Betterment, Springfield, MO: less expensive homes
- West Sugar Creek, Charlotte, NC: equally priced homes
- Water Catchment Area, West Palm Beach, FL: higher priced homes
- Walker, Maywood, CA: higher priced homes
- Village de L'Est, New Orleans, LA: less expensive homes
- Victoria, Riverside, CA: higher priced homes
- Southside, Easton, PA: less expensive homes
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