The Most Affordable Neighborhoods in Chester Gap, VA by Home Value

 

Chester Gap, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chester Gap area can be challenging. Home prices in Chester Gap are now at a median cost of $297,140, lower than the Virginia average of $323,261.

The average cost of rent is $1,314/mo in Chester Gap, primarily driven by the current value of real estate in the Chester Gap area. While nearly 33.64% of residents own their homes outright in Chester Gap, 30.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chester Gap is $8,034 per month. Households that rent pay about 16.35% of their income on rent here. Chester Gap's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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