The Most Affordable Neighborhoods in Cove Creek, VA by Home Value

 

Cove Creek, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cove Creek area can be challenging. Home prices in Cove Creek are now at a median cost of $126,100, lower than the Virginia average of $323,261.

The average cost of rent is $625/mo in Cove Creek, primarily driven by the current value of real estate in the Cove Creek area. While nearly 61.71% of residents own their homes outright in Cove Creek, 11.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cove Creek is $5,134 per month. Households that rent pay about 12.17% of their income on rent here. Cove Creek's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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