Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cedar Springs area can be challenging. Home prices in Cedar Springs are now at a median cost of $111,078, lower than the Virginia average of $323,261.
The average cost of rent is $725/mo in Cedar Springs, primarily driven by the current value of real estate in the Cedar Springs area. While nearly 48.65% of residents own their homes outright in Cedar Springs, 15.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Springs is $4,487 per month. Households that rent pay about 16.15% of their income on rent here. Cedar Springs's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Rural Retreat, VA: higher priced homes
- Turkey Fork, VA: higher priced homes
- Sugar Grove, VA: less expensive homes
- Speedwell, VA: higher priced homes
- Staley Crossroads, VA: higher priced homes
- Groseclose, VA: equally priced homes
- Crockett, VA: higher priced homes
- Atkins, VA: less expensive homes
- Attoway, VA: higher priced homes
- Elk Creek, VA: higher priced homes
Cities with Similar Populations
- Jefferson, AL: higher priced homes
- Plato, IN: higher priced homes
- Plainview, LA: less expensive homes
- Pipestem, WV: less expensive homes
- Latonia, MS: less expensive homes
- Lamar, OK: less expensive homes
- Kelly, SC: less expensive homes
- Jordan, IN: equally priced homes
- Jerusalem, AR: equally priced homes
- Pleasantville, TN: equally priced homes
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