salaryRent is higher than in 64% of U.S. cities. A typical house costs about 3.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $76,320 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 322 of 426 cities from cheapest to most expensive.
How much do households earn in Richland Hills?
Share of households by yearly income. 19.4% of households earn $100,000 or more.
Rent by apartment size in Richland Hills
| Size | Richland Hills | U.S. average |
|---|---|---|
| 1 bedroom | $1,146 | $1,324 |
| 2 bedrooms | $1,579 | $1,509 |
| 3 bedrooms | $2,039 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Richland Hills overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Richland Hills, so the Texas figure is shown.
Taxes and bills in Richland Hills
Life in Richland Hills
Is it cheaper to rent or buy in Richland Hills?
Buying is cheaper month to month: about $187 a month less than renting.
Owning assumes a typical $248,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,810 for the down payment.
Frequently asked questions
What is the average rent in Richland Hills, TX?
Renting in Richland Hills costs a median of about $1,908 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Richland Hills?
To keep rent under 30% of income, you need about $76,320 a year, or $37 an hour at a full-time job.
Is Richland Hills cheap or expensive?
Richland Hills is rated Expensive: rent takes 31.8% of the typical household income of $71,959. It ranks 322nd cheapest of 426 Texas cities we track.
How much are property taxes in Richland Hills?
The median homeowner in Richland Hills pays $3,672 a year in property taxes, about 1.48% of the median home value.
Is Richland Hills more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Richland Hills?
The median home value in Richland Hills is $248,100, about 3.4 times the typical yearly household income.
8,493 people live in Richland Hills. Numbers are typical (middle) values.