The Most Affordable Neighborhoods in Five Forks, VA by Home Value

 

Five Forks, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Five Forks area can be challenging. Home prices in Five Forks are now at a median cost of $237,185, lower than the Virginia average of $323,261.

The average cost of rent is $908/mo in Five Forks, primarily driven by the current value of real estate in the Five Forks area. While nearly 23.04% of residents own their homes outright in Five Forks, 13.69% rent.

Housing affordability isn’t just about home prices, though. The average household income in Five Forks is $6,907 per month. Households that rent pay about 13.15% of their income on rent here. Five Forks's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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