2026 Affordability Data
Most Affordable Neighborhoods in Richmond - 2026 Data
The median home value in Richmond is $624,800, 122% above nat'l avg. Median rent is $1,066/month. With an affordability index of 140, Richmond is more affordable than the national baseline of 100. We ranked 0 neighborhoods by affordability to help you find the best value in the Richmond, CA area.
Key Takeaways: Affordability in Richmond
- 1Richmond's median home value is $624,800, 122% above nat'l avg (national: $281,900).
- 2Richmond's affordability index is 140 (baseline 100), making it more affordable than the national average.
- 3Median rent in Richmond is $1,066/month, 8% below nat'l avg (national: $1,163/month).
Richmond Affordability Overview
Median Home Value
$624,800
122% above nat'l avg
Median Rent
$1,066/mo
8% below nat'l avg
Median Income
$86,618
16% above nat'l avg
Affordability Index
140
40% above nat'l avg
Frequently Asked Questions About Affordability in Richmond
What is the median home price in Richmond, CA?▾
The median home price in Richmond is $624,800, which is 122% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Richmond affordable compared to the national average?▾
Richmond has an affordability index of 140, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Richmond, CA?▾
The median monthly rent in Richmond is $1,066. This is 8% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Richmond?▾
The median household income in Richmond is $86,618 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).