A+
2%
Med. Home Val. NAT. AVG.
26%
Rent NAT. AVG.
21%
Owner Occ. NAT. AVG.

Richmond Housing Information

IndexRichmondMichiganNational
Median home price$187,900$127,800$184,700
Median rent asked$706$799$949
Avg. people per household2.42.52.6
Owner occupied households77.2%70.8%63.6%
Renter occupied households22.8%29.2%36.4%
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Housing Quick Facts

  • The median home price in Richmond is 2% higher than the national average.
  • The median rent asked in Richmond is 26% lower than the national average.
  • The average number of people per household in Richmond is 7% lower than the national average.
  • The number of owner occupied households in Richmond is 21% higher than the national average.
  • The number of renter occupied households in Richmond is 37% lower than the national average.

Most Affordable Places to Live in and Around Richmond

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Capac, MI1,858$90,70051%
      Emmett, MI256$118,10036%
      Mount Clemens, MI16,212$118,80036%
      Algonac, MI4,057$121,60034%
      Marine City, MI4,083$125,20032%
      Richmond, MI5,851$187,9002%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Luling, TX5,850$112,10039%
      Prospect Park, NJ5,853$280,10052%
      Windcrest, TX5,854$218,00018%
      Branford Center, CT5,845$257,70040%
      White Rock, NM5,845$335,50082%
      Richmond, MI5,851$187,9002%
      Source: The Richmond, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).