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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 $399,919, lower than the Virginia average of $443,089.
The average cost of rent is $1,922/mo in Chesterfield, primarily driven by the current value of real estate in the Chesterfield area. In Chesterfield, 11.73% of households rent, and 25.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chesterfield is $10,125 per month. Households that rent pay about 18.98% of their income on rent here. Chesterfield’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Winterpock, VA: less expensive homes
- Deerfield Estates, VA: less expensive homes
- Brandermill, VA: equally priced homes
- Rockwood, VA: less expensive homes
- Woodlake, VA: equally priced homes
- Midlothian, VA: higher priced homes
- Meadowbrook, VA: less expensive homes
- Manchester, VA: less expensive homes
- Moseley, VA: higher priced homes
- Bellwood, VA: less expensive homes
Cities with Similar Populations
- Novato, CA: higher priced homes
- Arecibo, PR: less expensive homes
- Titusville, FL: less expensive homes
- Richland, WA: higher priced homes
- Reynoldsburg, OH: less expensive homes
- Newport Beach, CA: higher priced homes
- Mentor, OH: less expensive homes
- Lakeville, MN: higher priced homes
- Huntsville, TX: less expensive homes
- Howell, MI: less expensive homes
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