The Most Affordable Neighborhoods in 24292, VA by Home Value

 

24292, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 24292 area can be challenging. Home prices in 24292 are now at a median cost of $166,700, lower than the Virginia average of $443,089.

The average cost of rent is $788/mo in 24292, primarily driven by the current value of real estate in the 24292 area. In 24292, 14.62% of households rent, and 79.08% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in 24292 is $3,110 per month. Households that rent pay about 25.34% of their income on rent here. 24292’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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