Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cape Charles area can be challenging. Home prices in Cape Charles are now at a median cost of $235,615, lower than the Virginia average of $323,261.
The average cost of rent is $626/mo in Cape Charles, primarily driven by the current value of real estate in the Cape Charles area. While nearly 56.61% of residents own their homes outright in Cape Charles, 37.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cape Charles is $4,184 per month. Households that rent pay about 14.97% of their income on rent here. Cape Charles's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Cheriton, VA: less expensive homes
- Cherrystone, VA: higher priced homes
- Dalbys, VA: less expensive homes
- Simpkins, VA: less expensive homes
- Eastville Station, VA: less expensive homes
- Kendall Grove, VA: equally priced homes
- Eastville, VA: higher priced homes
- Cedar Grove, VA: equally priced homes
- Martins Siding, VA: higher priced homes
- New Point, VA: higher priced homes
Cities with Similar Populations
- Centerville, MN: higher priced homes
- Burlington, CO: less expensive homes
- North Shore, LA: higher priced homes
- Jackson, MN: less expensive homes
- Lakehurst, NJ: less expensive homes
- Valdez, AK: less expensive homes
- Sublimity, OR: higher priced homes
- Shannondale, WV: equally priced homes
- San Francisco, PR: less expensive homes
- Peach Bottom, PA: equally priced homes
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