Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Colonial Heights area can be challenging. Home prices in Colonial Heights are now at a median cost of $208,204, lower than the Virginia average of $323,261.
The average cost of rent is $1,443/mo in Colonial Heights, primarily driven by the current value of real estate in the Colonial Heights area. While nearly 33.63% of residents own their homes outright in Colonial Heights, 26.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Colonial Heights is $6,731 per month. Households that rent pay about 21.43% of their income on rent here. Colonial Heights's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Kenwood, VA: less expensive homes
- Fort Lee, VA: less expensive homes
- Petersburg, VA: less expensive homes
- Chester, VA: higher priced homes
- Enon, VA: equally priced homes
- Matoaca, VA: equally priced homes
- Hopewell, VA: less expensive homes
- Prince George, VA: equally priced homes
- West Petersburg, VA: equally priced homes
- Highland Park, VA: higher priced homes
Cities with Similar Populations
- Faribault, MN: equally priced homes
- Cheshire, CT: higher priced homes
- Claremore, OK: less expensive homes
- Clinton, MS: equally priced homes
- Columbus, NE: less expensive homes
- Commack, NY: higher priced homes
- Crosby, TX: equally priced homes
- Villalba, PR: less expensive homes
- Verona, WI: higher priced homes
- East Lake-Orient Park, FL: less expensive homes
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