Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Albemarle County area can be challenging. Home prices in Albemarle County are now at a median cost of $416,169, higher than the Virginia average of $323,261.
The average cost of rent is $1,529/mo in Albemarle County, primarily driven by the current value of real estate in the Albemarle County area. While nearly 37.87% of residents own their homes outright in Albemarle County, 31.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albemarle County is $8,204 per month. Households that rent pay about 18.64% of their income on rent here. Albemarle County's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the county.
Nearby Counties
- Charlottesville City, VA: less expensive homes
- Waynesboro City, VA: less expensive homes
- Augusta County, VA: less expensive homes
- Louisa County, VA: less expensive homes
- Staunton City, VA: less expensive homes
- Caroline County, VA: less expensive homes
- Bath County, VA: less expensive homes
- Essex County, VA: less expensive homes
- Westmoreland County, VA: less expensive homes
- Richmond County, VA: less expensive homes
Counties with Similar Populations
- Yamhill County, OR: equally priced homes
- Missoula County, MT: less expensive homes
- Navajo County, AZ: less expensive homes
- San Juan County, NM: less expensive homes
- Sumter County, SC: less expensive homes
- Wicomico County, MD: less expensive homes
- Flagler County, FL: less expensive homes
- Cecil County, MD: less expensive homes
- Douglas County, OR: less expensive homes
- Cowlitz County, WA: less expensive homes
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