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2025 Compare Cities Housing:
Richmond, VA vs Elk River, MN

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Highlights
- The median age of a home in Richmond is 50.8% older than the median age of a home in Elk River.
 Richmond, VAElk River, MNUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$362,100$338,100
 Home Appr. Last 12 months15.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.93.9%  Unlock101.1%
 Property Tax Rate  Unlock$12.4$11.0
 Homes Owned38.9%  Unlock57.4%
 Housing Vacant  Unlock4.5%11.2%
 Homes Rented50.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Richmond, VAElk River, MNUnited States
 Average Rent  Unlock$1,760$1,840
 Studio Apartment$1,140  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,070$1,180
 2 Bedroom Home or Apartment$1,320  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,780$1,860
 4 Bedroom Home or Apartment$2,080  Unlock$2,160
 space1
 Vacant Housing
 Richmond, VAElk River, MNUnited States
 Vacant For Rent  Unlock0.4%1.9%
 Vacant Rented1.3%  Unlock0.4%
 Vacant For Sale  Unlock0.1%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock1.2%3.6%
 Vacant Other4.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Richmond, VAElk River, MNUnited States
 Less Than $20,000  Unlock0.9%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock2.3%2.8%
 $60,000 to $79,9992.9%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,99911.4%  Unlock11.3%
 $150,000 to $199,999  Unlock22.6%13.0%
 $200,000 to $299,99921.0%  Unlock20.1%
 $300,000 to $399,999  Unlock17.7%13.6%
 $400,000 to $499,9998.6%  Unlock8.3%
 $500,000 to $749,999  Unlock2.9%9.7%
 $750,000 to $999,9993.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.7%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Richmond, VAElk River, MNUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock22.4%13.6%
 2000 to 20095.3%  Unlock13.6%
 1990 to 1999  Unlock16.9%13.6%
 1980 to 19897.1%  Unlock13.2%
 1970 to 1979  Unlock18.0%14.8%
 1960 to 19695.8%  Unlock13.6%
 1950 to 1959  Unlock3.9%10.0%
 1940 to 19499.1%  Unlock4.7%
 1939 or Earlier  Unlock1.4%12.2%
Transportation
Reviews for Richmond    109 Reviews
Lucas · Richmond, VA
Great for young families
Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Juli · Richmond, VA
RVA is the place to be
Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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9 to 5 · Richmond, VA
It's cool for what it is
Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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Reviews for Elk River    3 Reviews
Jack · Elk River, MN
Transportation Growth to Lead to Economic Growth i
Over 16 years ago

The Northstar commuter rail line and the commuter rail station in Elk River (to be completed later in 2009) that will connect Elk River to Minneapolis, and a recent  More

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teri · Elk River, MN
to live
Over 18 years ago

good place to live and close to the  More

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Judy · Big Lake, MN
Elk River, Minnesota
Over 19 years ago

Small town but growing, nice place to live. Will be getting mass-transit soon, to  More

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Learn More About Richmond, Virginia
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Learn More About Elk River, Minnesota
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