Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Derby area can be challenging. Home prices in Derby are now at a median cost of $51,200, lower than the Virginia average of $323,261.
The average cost of rent is $554/mo in Derby, primarily driven by the current value of real estate in the Derby area. While nearly 62.38% of residents own their homes outright in Derby, 40.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Derby is $1,849 per month. Households that rent pay about 29.96% of their income on rent here. Derby's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Appalachia, VA: equally priced homes
- Stonega, VA: higher priced homes
- Exeter, VA: equally priced homes
- Lower Exeter, VA: equally priced homes
- Big Stone Gap, VA: higher priced homes
- Lynch, KY: equally priced homes
- Rawhide, VA: higher priced homes
- Irondale, VA: higher priced homes
- Oreton, VA: higher priced homes
- Calvin, VA: less expensive homes
Cities with Similar Populations
- Cactus Flat, SD: higher priced homes
- Chapman, MT: higher priced homes
- Rock Harbor, FL: higher priced homes
- Robinson, VT: higher priced homes
- Chalkyitsik, AK: less expensive homes
- Central, ID: higher priced homes
- Cementon, NY: higher priced homes
- Robertson, TX: higher priced homes
- Cedar Grove, VA: higher priced homes
- Robe, WA: higher priced homes
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