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These days, finding an affordable place to live in the Chesterfield area can be challenging. Home prices in Chesterfield are now at a median cost of $288,200, lower than the North Carolina average of $323,314.
The average cost of rent is $845/mo in Chesterfield, primarily driven by the current value of real estate in the Chesterfield area. In Chesterfield, 5.80% of households rent, and 45.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chesterfield is $4,989 per month. Households that rent pay about 16.94% of their income on rent here. Chesterfield’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Callison, VA: less expensive homes
- Yogaville, VA: equally priced homes
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