Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Blacksburg area can be challenging. Home prices in Blacksburg are now at a median cost of $314,108, lower than the Virginia average of $323,261.
The average cost of rent is $1,140/mo in Blacksburg, primarily driven by the current value of real estate in the Blacksburg area. While nearly 56.71% of residents own their homes outright in Blacksburg, 56.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Blacksburg is $4,839 per month. Households that rent pay about 23.56% of their income on rent here. Blacksburg's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Vicker, VA: less expensive homes
- Christiansburg, VA: less expensive homes
- Whitethorne, VA: less expensive homes
- Newport, VA: less expensive homes
- Ironto, VA: less expensive homes
- Pepper, VA: less expensive homes
- Fairlawn, VA: less expensive homes
- Shawsville, VA: less expensive homes
- McDonalds Mill, VA: less expensive homes
- Elliston, VA: less expensive homes
Cities with Similar Populations
- Potomac, MD: higher priced homes
- West Chester, OH: less expensive homes
- Apache Junction, AZ: less expensive homes
- Redford, MI: less expensive homes
- Plainfield, NJ: less expensive homes
- Paramount, CA: higher priced homes
- Oak Park, IL: higher priced homes
- Sebring, FL: less expensive homes
- Montgomery, TX: equally priced homes
- Monroe, MI: less expensive homes
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