Home prices
The cost of the median home in Richland is $86,400. It is about $26,840 (23%) lower in comparison to its nearby areas.It is about $131,100 (60%) lower compared to the rest of the nation, and is approximately $55,400 (39%) lower in comparison to the city of Cedar Rapids.
Rents
Richland's median monthly rent is $671. It is roughly $22 (3%) higher compared to nearby areas.In comparison to the entire nation it is about $391 (36%) lower, and is roughly $96 (12%) lower compared to the city of Cedar Rapids.
Nearby places
Ollie
Ollie is roughly 4 miles west from Richland. Real estate prices there are significantly less expensive. Ollie's median home cost is $53,300, which comes out to $33,100 (62%) lower than Richland. Its rents are significantly less expensive. Ollie's median rent is $475 per month, which is $196 (41%) lower than Richland.
Packwood
Packwood is roughly 5 miles southwest of Richland. Its housing prices are similar. The median home in Packwood is valued at $84,200, which is $2,200 (2%) lower than Richland. Its rents are substantially less expensive. The median monthly rent in Packwood is $383, which comes out to $288 (75%) lower than Richland.
Brighton
Brighton is approximately 7 miles east from Richland. The housing prices there are somewhat less expensive. The median home cost in Brighton is $70,700, which comes out to $15,700 (22%) lower than Richland. Rent there is somewhat more expensive. Brighton's median rent is $775 a month, which is $104 (13%) higher than Richland.
Maharishi Vedic City
Maharishi Vedic City is approximately 8 miles south of Richland. The housing prices there are substantially more expensive. The median home value in Maharishi Vedic City is $243,800, which comes out to $157,400 (64%) higher than Richland. Rents there are somewhat more expensive. The median monthly rent in Maharishi Vedic City is $930, which works out to $259 (27%) higher than Richland.
Fairfield
Fairfield is roughly 12 miles south of Richland. Housing prices there are a little more expensive. The median home in Fairfield costs $114,200, which comes out to $27,800 (24%) higher than Richland. Rent there is fairly similar. Fairfield's median monthly rent is $681, which works out to $10 (1%) higher than Richland.