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Expensive
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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 $526,062, higher than the Virginia average of $443,089.
The average cost of rent is $1,595/mo in Charlottesville City, primarily driven by the current value of real estate in the Charlottesville City area. In Charlottesville City, 55.76% of households rent, and 35.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Charlottesville City is $6,873 per month. Households that rent pay about 23.21% of their income on rent here. Charlottesville City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Albemarle County, VA: equally 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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