Expensive
Affordable
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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 $408,599, higher than the Vermont average of $340,025.
The average cost of rent is $1,527/mo in Richmond, primarily driven by the current value of real estate in the Richmond area. In Richmond, 20.92% of households rent, and 35.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Richmond is $9,244 per month. Households that rent pay about 16.52% of their income on rent here. Richmond’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Huntington, VT: equally priced homes
- Jericho, VT: higher priced homes
- West Bolton, VT: less expensive homes
- Williston, VT: higher priced homes
- Hinesburg, VT: equally priced homes
- Huntington Center, VT: less expensive homes
- Underhill Center, VT: higher priced homes
- Essex, VT: equally priced homes
- Shelburne Falls, VT: higher priced homes
- Underhill, VT: higher priced homes
Cities with Similar Populations
- Vieques, PR: less expensive homes
- Riverside, MO: less expensive homes
- Carthage, TN: less expensive homes
- Guilford, IN: less expensive homes
- Biglerville, PA: less expensive homes
- Kansasville, WI: less expensive homes
- Hamilton, VA: higher priced homes
- Battle Mountain, NV: less expensive homes
- Eleva, WI: less expensive homes
- Davis, OK: less expensive homes
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