The median home in Richmond, Indiana is valued at $149,198, up 5.9% year over year. Typical monthly rent is $832, producing a price-to-rent ratio of 14.9x — below the national average of 18x. Richmond is part of the Richmond, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Richmond, IN stress score, crash risk, and 12-month forecast →

Home Value$149,198

+5.9%

Rent$832/mo

AFFORDABILITY

Enter your income for Richmond.

Income (annual)

Down Payment

$29,840 on $149,198

Affordable — 15.9% of income

Under the 28% guideline.

PITI$993

P/I15.9%

Afford$263K

Room+$114K

P&I $754Tax $106Ins $133

Renting $161/mo cheaper ($832 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Richmond with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Richmond, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Richmond, IN metro.

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RICHMOND, IN