The Most Affordable Neighborhoods in Farmers Fork, VA by Home Value

 

Farmers Fork, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Farmers Fork area can be challenging. Home prices in Farmers Fork are now at a median cost of $298,444, lower than the Virginia average of $443,089.

The average cost of rent is $1,042/mo in Farmers Fork, primarily driven by the current value of real estate in the Farmers Fork area. In Farmers Fork, 38.43% of households rent, and 44.19% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Farmers Fork is $6,826 per month. Households that rent pay about 15.27% of their income on rent here. Farmers Fork’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.


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