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These days, finding an affordable place to live in the Collinwood area can be challenging. Home prices in Collinwood are now at a median cost of $204,644, lower than the Virginia average of $443,089.
The average cost of rent is $687/mo in Collinwood, primarily driven by the current value of real estate in the Collinwood area. In Collinwood, 15.34% of households rent, and 55.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Collinwood is $5,559 per month. Households that rent pay about 12.36% of their income on rent here. Collinwood’s most expensive areas are in the northern 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
- McCorkle, VA: less expensive homes
- Nickelsville, VA: less expensive homes
- Fugates Hill, VA: less expensive homes
- Mendota, VA: equally priced homes
- Willow Spring, VA: less expensive homes
- Hiltons, VA: less expensive homes
- Snowflake, VA: less expensive homes
- Mew, VA: less expensive homes
- Dungannon, VA: less expensive homes
- Dickensonville, VA: less expensive homes
Cities with Similar Populations
- Dudleyville, AL: less expensive homes
- Deaver, WY: higher priced homes
- Degnan, OK: less expensive homes
- Violet, TX: higher priced homes
- Delano, PA: less expensive homes
- Vestaburg, PA: less expensive homes
- Vesta, AR: equally priced homes
- Denniston, KY: less expensive homes
- Verdery, SC: less expensive homes
- Dewey Beach, DE: higher priced homes
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