The Most Affordable Neighborhoods in Central Point, VA by Home Value

 

Central Point, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Central Point area can be challenging. Home prices in Central Point are now at a median cost of $188,290, lower than the Virginia average of $323,261.

The average cost of rent is $834/mo in Central Point, primarily driven by the current value of real estate in the Central Point area. While nearly 37.68% of residents own their homes outright in Central Point, 15.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Central Point is $5,441 per month. Households that rent pay about 15.32% of their income on rent here. Central Point's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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