Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Charlottesville City area can be challenging. Home prices in Charlottesville City are now at a median cost of $368,771, higher than the Virginia average of $323,261.
The average cost of rent is $1,277/mo in Charlottesville City, primarily driven by the current value of real estate in the Charlottesville City area. While nearly 34.91% of residents own their homes outright in Charlottesville City, 57.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Charlottesville City is $5,913 per month. Households that rent pay about 21.59% of their income on rent here. Charlottesville City's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the county.
Nearby Counties
- Albemarle County, VA: higher priced homes
- Waynesboro City, VA: less expensive homes
- Louisa County, VA: less expensive homes
- Augusta County, VA: less expensive homes
- Staunton City, VA: less expensive homes
- Caroline County, VA: less expensive homes
- Bath County, VA: less expensive homes
- Essex County, VA: less expensive homes
- Westmoreland County, VA: less expensive homes
- Richmond County, VA: less expensive homes
Counties with Similar Populations
- Harrison County, IN: less expensive homes
- Hancock County, ME: less expensive homes
- Warren County, IA: less expensive homes
- Warren County, MS: less expensive homes
- Warren County, PA: less expensive homes
- Murray County, GA: less expensive homes
- Chilton County, AL: less expensive homes
- Chesterfield County, SC: less expensive homes
- Cherokee County, TX: less expensive homes
- Cherokee County, SC: less expensive homes
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