Like any large city, home prices in Richmond have continued to increase over the years. Fortunately, there are still some neighborhoods in Richmond that offer some affordable housing options. These are the cheapest neighborhoods in Richmond for 2025. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Richmond.

Population 525
-69%
Median Home Value $76,500
69% less expensive than Richmond
Population 3,400
-67%
Median Home Value $79,450
67% less expensive than Richmond
Population 1,438
-67%
Median Home Value $81,500
67% less expensive than Richmond
Population 1,249
-65%
Median Home Value $85,400
65% less expensive than Richmond
Population 856
-65%
Median Home Value $85,400
65% less expensive than Richmond
Population 1,432
-62%
Median Home Value $92,150
62% less expensive than Richmond
Population 470
-62%
Median Home Value $92,150
62% less expensive than Richmond
Population 2,348
-62%
Median Home Value $92,500
62% less expensive than Richmond
Population 2,617
-61%
Median Home Value $95,100
61% less expensive than Richmond
Population 2,820
-61%
Median Home Value $95,467
61% less expensive than Richmond
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report