Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Boones Mill area can be challenging. Home prices in Boones Mill are now at a median cost of $190,025, lower than the Virginia average of $323,261.
The average cost of rent is $882/mo in Boones Mill, primarily driven by the current value of real estate in the Boones Mill area. While nearly 41.56% of residents own their homes outright in Boones Mill, 20.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Boones Mill is $5,086 per month. Households that rent pay about 17.34% of their income on rent here. Boones Mill's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Redwood, VA: higher priced homes
- Callaway, VA: equally priced homes
- Cave Spring, VA: higher priced homes
- Wirtz, VA: higher priced homes
- Hardy, VA: higher priced homes
- Bent Mountain, VA: higher priced homes
- Red Valley, VA: higher priced homes
- Wabun, VA: higher priced homes
- Roanoke, VA: equally priced homes
- Copper Hill, VA: higher priced homes
Cities with Similar Populations
- Neptune Beach, FL: higher priced homes
- Mattawa, WA: higher priced homes
- Medina, TN: equally priced homes
- Mendon, MA: higher priced homes
- Mentor-on-the-Lake, OH: less expensive homes
- Mercersburg, PA: equally priced homes
- Meredith, NH: higher priced homes
- Morrison, IL: less expensive homes
- Muleshoe, TX: less expensive homes
- Murfreesboro, NC: less expensive homes
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