Similar to the surrounding areas, it's significantly less expensive compared to the nation as a whole. It's significantly less expensive compared to the city of Kansas City.
Home prices
The median home in Richmond costs $71,200. This is about $3,740 (4%) lower compared to the surrounding areas.It is about $146,300 (67%) lower compared to the entire nation, and compared to the city of Kansas City it is roughly $83,400 (53%) lower.
Rents
Richmond's median monthly rent is $810. It is about $149 (22%) higher compared to its nearby areas.It is approximately $252 (23%) lower in comparison to the entire country, and in comparison to the city of Kansas City it is roughly $131 (13%) lower.
Nearby places
Princeton
Princeton is about 6 miles north of Richmond. Housing prices there are a little more expensive. The price of the median home in Princeton is $85,000, which works out to $13,800 (16%) higher than Richmond. Its rents are significantly less expensive. Princeton's median monthly rent is $596, which comes out to $214 (35%) lower than Richmond.
Greeley
Greeley is approximately 6 miles east from Richmond. Its real estate prices are somewhat less expensive. The median home in Greeley costs $62,500, which works out to $8,700 (13%) lower than Richmond. Rent there is somewhat less expensive. In Greeley the median monthly rent is $688, which comes out to $122 (17%) lower than Richmond.
Garnett
Garnett is roughly 8 miles south of Richmond. The real estate prices there are a little more expensive. The median home in Garnett is valued at $80,100, which works out to $8,900 (11%) higher than Richmond. Rents there are a bit less expensive. Garnett's median monthly rent is $695, which comes out to $115 (16%) lower than Richmond.
Lane
Lane is about 8 miles east of Richmond. Real estate prices there are somewhat less expensive. The value of the median home in Lane is $65,400, which comes out to $5,800 (8%) lower than Richmond. Its rents are substantially less expensive. In Lane the median monthly rent is $497, which is $313 (62%) lower than Richmond.
Williamsburg
Williamsburg is roughly 11 miles northwest from Richmond. The real estate prices there are a bit more expensive. The median home price in Williamsburg is $81,700, which works out to $10,500 (12%) higher than Richmond. Its rents are similar. In Williamsburg the median rent is $831 a month, which comes out to $21 (2%) higher than Richmond.
