Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Richton Park area can be challenging. Home prices in Richton Park are now at a median cost of $190,263, lower than the Illinois average of $242,002.
The average cost of rent is $1,329/mo in Richton Park, primarily driven by the current value of real estate in the Richton Park area. While nearly 22.76% of residents own their homes outright in Richton Park, 49.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Richton Park is $5,172 per month. Households that rent pay about 25.69% of their income on rent here. Richton Park's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Park Forest, IL: less expensive homes
- Matteson, IL: equally priced homes
- Olympia Fields, IL: higher priced homes
- University Park, IL: less expensive homes
- Lincoln Estates, IL: higher priced homes
- South Chicago Heights, IL: less expensive homes
- Steger, IL: less expensive homes
- Flossmoor, IL: higher priced homes
- Chicago Heights, IL: less expensive homes
- Monee, IL: higher priced homes
Cities with Similar Populations
- Adairsville, GA: less expensive homes
- Zapata, TX: less expensive homes
- Yorktown Heights, NY: higher priced homes
- Yeadon, PA: less expensive homes
- Yauco, PR: less expensive homes
- Yadkinville, NC: less expensive homes
- Woodruff, SC: less expensive homes
- Woodland Park, NJ: higher priced homes
- Winton, CA: higher priced homes
- Winchester, TN: equally priced homes
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