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These days, finding an affordable place to live in the Ashland area can be challenging. Home prices in Ashland are now at a median cost of $389,124, lower than the Virginia average of $443,089.
The average cost of rent is $1,508/mo in Ashland, primarily driven by the current value of real estate in the Ashland area. In Ashland, 27.64% of households rent, and 37.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ashland is $8,208 per month. Households that rent pay about 18.37% of their income on rent here. Ashland’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Studley, VA: higher priced homes
- Gum Tree, VA: higher priced homes
- Poindexters, VA: equally priced homes
- Glen Allen, VA: higher priced homes
- Doswell, VA: higher priced homes
- Taylorsville, VA: less expensive homes
- Hanover, VA: higher priced homes
- Laurel, VA: less expensive homes
- Crosses Corner, VA: higher priced homes
- Innsbrook, VA: higher priced homes
Cities with Similar Populations
- Wyandanch, NY: higher priced homes
- Prineville, OR: higher priced homes
- Farmingville, NY: higher priced homes
- Five Forks, SC: higher priced homes
- Fillmore, CA: higher priced homes
- Fergus Falls, MN: less expensive homes
- Monroe, CT: higher priced homes
- Farmington, CT: higher priced homes
- Fairland, MD: higher priced homes
- Newburyport, MA: higher priced homes
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