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These days, finding an affordable place to live in the Deerfield area can be challenging. Home prices in Deerfield are now at a median cost of $194,017, lower than the Virginia average of $443,089.
The average cost of rent is $778/mo in Deerfield, primarily driven by the current value of real estate in the Deerfield area. In Deerfield, 5.05% of households rent, and 48.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Deerfield is $6,007 per month. Households that rent pay about 12.94% of their income on rent here. Deerfield’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Augusta Springs, VA: equally priced homes
- West Augusta, VA: equally priced homes
- Head Waters, VA: higher priced homes
- Craigsville, VA: equally priced homes
- Patna, VA: higher priced homes
- Yost, VA: higher priced homes
- McKinley, VA: higher priced homes
- Swoope, VA: higher priced homes
- Summerdean, VA: higher priced homes
- West View, VA: higher priced homes
Cities with Similar Populations
- Pulpit Harbor, ME: higher priced homes
- Manse, KY: less expensive homes
- Maple View, NY: equally priced homes
- Aaron, KY: higher priced homes
- Maysville, IN: less expensive homes
- McBride, OK: less expensive homes
- Medart, FL: equally priced homes
- Point Breeze, DE: higher priced homes
- Port Kenyon, CA: higher priced homes
- Prestonville, KY: equally priced homes
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