The median home in Richmond, Kentucky is valued at $289,136, up 2.9% year over year. Typical monthly rent is $992, producing a price-to-rent ratio of 24.3x — well above the national average of 18x. Richmond is part of the Richmond-Berea, KY metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Richmond-Berea, KY stress score, crash risk, and 12-month forecast →
Home Value$289,136
+2.9%
Rent$992/mo
AFFORDABILITYRenting $844/mo cheaper ($992 rent)6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.
Enter your income for Richmond.
$57,827 on $289,136
Stretch — 29.4% of income
Above 28% but manageable with cuts.
PITI$1,836
P/I29.4%
Afford$276K
Gap-$14K
P&I $1,462Tax $207Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Kentucky
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Full Richmond-Berea, KY analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Richmond-Berea, KY metro.
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