The Most Affordable Neighborhoods in Coltons Mill, VA by Home Value

 

Coltons Mill, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Coltons Mill area can be challenging. Home prices in Coltons Mill are now at a median cost of $200,956, lower than the Virginia average of $323,261.

The average cost of rent is $683/mo in Coltons Mill, primarily driven by the current value of real estate in the Coltons Mill area. While nearly 43.54% of residents own their homes outright in Coltons Mill, 18.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Coltons Mill is $5,335 per month. Households that rent pay about 12.81% of their income on rent here. Coltons Mill's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.


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