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 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Richmond.

Population 536
-69%
Median Home Value $138,925
69% less expensive than Richmond
Population 3,530
-69%
Median Home Value $139,240
69% less expensive than Richmond
Population 1,470
-68%
Median Home Value $144,399
68% less expensive than Richmond
Population 874
-66%
Median Home Value $154,071
66% less expensive than Richmond
Population 1,284
-65%
Median Home Value $154,453
65% less expensive than Richmond
Population 2,426
-63%
Median Home Value $163,617
63% less expensive than Richmond
Population 489
-63%
Median Home Value $166,638
63% less expensive than Richmond
Population 2,691
-62%
Median Home Value $168,579
62% less expensive than Richmond
Population 1,465
-62%
Median Home Value $170,266
62% less expensive than Richmond
Population 1,747
-62%
Median Home Value $170,296
62% less expensive than Richmond
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
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  • Compare neighborhoods side by side
Local Insights Report