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 $365,758, higher than the Rhode Island average of $323,786.
The average cost of rent is $1,215/mo in Richmond, primarily driven by the current value of real estate in the Richmond area. While nearly 29.87% of residents own their homes outright in Richmond, 4.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richmond is $9,120 per month. Households that rent pay about 13.32% of their income on rent here. Richmond's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Carolina, RI: less expensive homes
- Wyoming, RI: less expensive homes
- West Kingston, RI: higher priced homes
- Kenyon, RI: equally priced homes
- Hope Valley, RI: less expensive homes
- Wood River Junction, RI: less expensive homes
- Slocum, RI: equally priced homes
- Charlestown, RI: equally priced homes
- Hopkinton, RI: equally priced homes
- Kingston, RI: higher priced homes
Cities with Similar Populations
- Leblanc, LA: less expensive homes
- Woodson, AR: less expensive homes
- Worcester, PA: higher priced homes
- Wright, KS: less expensive homes
- Lincolnville, KS: less expensive homes
- Letcher, SD: less expensive homes
- Leota, MN: less expensive homes
- Lemoore Station, CA: less expensive homes
- Lehunt, KS: less expensive homes
- Leggett, NC: less expensive 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