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These days, finding an affordable place to live in the Columbia area can be challenging. Home prices in Columbia are now at a median cost of $397,166, lower than the Virginia average of $443,089.
The average cost of rent is $1,121/mo in Columbia, primarily driven by the current value of real estate in the Columbia area. In Columbia, 8.91% of households rent, and 55.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Columbia is $6,643 per month. Households that rent pay about 16.88% of their income on rent here. Columbia’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stage Junction, VA: less expensive homes
- Georges Tavern, VA: less expensive homes
- Tabscott, VA: higher priced homes
- Hadensville, VA: less expensive homes
- Kents Store, VA: less expensive homes
- Dixie, VA: less expensive homes
- Pemberton, VA: less expensive homes
- Wilmington, VA: less expensive homes
- Fork Union, VA: less expensive homes
- Wildwood, VA: less expensive homes
Cities with Similar Populations
- Goshen, OR: higher priced homes
- Taneyville, MO: less expensive homes
- Merrill, IA: less expensive homes
- Laurel, NY: higher priced homes
- Lake Shore, MN: higher priced homes
- Johnson, WA: higher priced homes
- Jenera, OH: less expensive homes
- Hill Top, MO: less expensive homes
- Henderson, GA: equally priced homes
- Hatchbend, FL: less expensive homes
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