CostBy County

Cost of Living in Richland County, Illinois

$805/mo
Median Monthly Rent
$112,000
Median Home Value

At a Glance

Median Monthly Rent
$805/mo
7% below state average
Median Home Value
$112,000
66% below national
Census GRAPI
28.2%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Richland County Compares

Median monthly rent comparison

Richland County$805/mo
Illinois Average$867/mo
National Median$1,413/mo

Detailed Housing Stats

$805/mo
Median Gross Rent
$112,000
Median Home Value
$715/mo
Monthly Owner Cost
28.2%
Census GRAPI

National Ranking

Affordability Rank

Richland County ranks #953 of 3,142 counties for affordability (top 30%)

Most AffordableLeast Affordable

Sourced county brief

Richland County GRAPI Reaches 28.2 Percent for Renters

In Richland County, the median gross rent as a percentage of household income among renters is 28.2 percent. This official GRAPI figure is 2.1 percentage points above the Illinois unweighted county mean of 26.1 percent. The median gross rent in the county is $805 per month, which is below the state unweighted county mean of $867 per month. For homeowners, the median selected monthly owner cost for all units is $715, while the state unweighted county mean is $960. The median home value in the county was estimated at $112,000, compared to an unweighted county mean of $153,020 across the state. Renter households in the county reported a median income of $34,469. The affordability metric utilized in this report is the official ACS B25071 GRAPI. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Richland County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.2% of renter household income in Richland County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $805 per month; median selected monthly owner costs are $715. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $32,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Illinois unweighted mean of county median rents is $867 per month. Richland County's $805 median is 7.2% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Richland County

$

Rent Burden

15.5%

of gross income

Max Housing (28% Rule)

$1,457

per month

Owner Cost Burden

13.7%

of gross income

You can likely afford the median home in Richland County

Median home value is $112,000. Estimated monthly cost: $894 vs. your max of $1,457.

Rent Affordability Guide

Your entered rent as a share of entered income15.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,455Needed: $32,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,455Needed: $30,643
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,455Needed: $26,065

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Richland County, Illinois?
Richland County, Illinois has a median monthly rent of $805/mo and a median home value of $112,000. The affordability rating is Affordable, with median gross rent equal to approximately 28.2% of renter household income.
What is the median rent in Richland County?
The median gross rent in Richland County is $805/mo. This is 7% below state average for Illinois.
Is Richland County affordable?
Richland County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.2%. Median gross rent is under 30% of renter household income.
How does Richland County's rent compare to the state average?
Richland County's median rent of $805/mo is 7% below state average of $867/mo for Illinois.
What is the median home value in Richland County?
The median home value in Richland County, Illinois is $112,000. This is 66% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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