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These days, finding an affordable place to live in the Emporia area can be challenging. Home prices in Emporia are now at a median cost of $162,855, lower than the Virginia average of $443,089.
The average cost of rent is $1,032/mo in Emporia, primarily driven by the current value of real estate in the Emporia area. In Emporia, 48.59% of households rent, and 55.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Emporia is $5,360 per month. Households that rent pay about 19.25% of their income on rent here. Emporia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Westover Hills, VA: higher priced homes
- Purdy, VA: less expensive homes
- Washington Park, VA: less expensive homes
- Bufford Crossroads, VA: higher priced homes
- Claresville, VA: equally priced homes
- Brink, VA: less expensive homes
- Pleasant Shade, VA: equally priced homes
- Skippers, VA: less expensive homes
- Dahlia, VA: less expensive homes
- Jarratt, VA: equally priced homes
Cities with Similar Populations
- Sumrall, MS: higher priced homes
- Coffeyville, KS: less expensive homes
- Colbert, WA: higher priced homes
- College Place, WA: higher priced homes
- Collegedale, TN: higher priced homes
- Colts Neck, NJ: higher priced homes
- Columbiana, OH: higher priced homes
- Tres Hermanos, PR: less expensive homes
- Dunlap, IL: higher priced homes
- Syracuse, IN: higher priced homes
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