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States / Minnesota / Richmond

Richmond, MN Housing

ACS 2020-2024

Median Home Value
$241,300 ± $10,733
Median Gross Rent
$648 ± $99/mo
Homeownership Rate
86.2%
Rent as Share of Income
10.9%
Price-to-Income Ratio
3.4×
Vacancy Rate
3.8%
Median Year Built
1976

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
20
Buildings
12
Single-Family Units
7
Multi-Family Units
13

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Richmond, MN Housing: Rent & Home Values | HomeDataUSA