Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chatham area can be challenging. Home prices in Chatham are now at a median cost of $141,013, lower than the Virginia average of $323,261.
The average cost of rent is $852/mo in Chatham, primarily driven by the current value of real estate in the Chatham area. While nearly 60.89% of residents own their homes outright in Chatham, 24.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chatham is $4,449 per month. Households that rent pay about 19.15% of their income on rent here. Chatham's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Weal, VA: less expensive homes
- Climax, VA: less expensive homes
- Rondo, VA: higher priced homes
- Whittle, VA: less expensive homes
- Green Pond, VA: less expensive homes
- Spring Garden, VA: less expensive homes
- Redeye, VA: less expensive homes
- Pleasant Gap, VA: equally priced homes
- Shockoe, VA: less expensive homes
- Blairs, VA: equally priced homes
Cities with Similar Populations
- Linglestown, PA: higher priced homes
- Laie, HI: higher priced homes
- Laingsburg, MI: higher priced homes
- Lake Arrowhead, CA: higher priced homes
- Lakeview, NY: higher priced homes
- Lauderdale-by-the-Sea, FL: higher priced homes
- Le Claire, IA: higher priced homes
- Le Roy, NY: less expensive homes
- Leadville, CO: higher priced homes
- Leakesville, MS: less expensive homes
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