The Most Affordable Neighborhoods in Bellwood, VA by Home Value

These days, finding an affordable place to live in the Bellwood area can be challenging. Home prices in Bellwood are now at a median cost of $211,179, lower than the Virginia average of $443,089.

The average cost of rent is $1,302/mo in Bellwood, primarily driven by the current value of real estate in the Bellwood area. In Bellwood, 58.43% of households rent, and 45.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bellwood is $5,981 per month. Households that rent pay about 21.78% of their income on rent here. Bellwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.

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

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