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These days, finding an affordable place to live in the Fort Lee area can be challenging. Home prices in Fort Lee are now at a median cost of $182,377, lower than the Virginia average of $443,089.
The average cost of rent is $1,859/mo in Fort Lee, primarily driven by the current value of real estate in the Fort Lee area. In Fort Lee, 90.41% of households rent, and 2.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fort Lee is $7,007 per month. Households that rent pay about 26.53% of their income on rent here. Fort Lee’s most expensive areas are in the southern 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
- Prince George, VA: higher priced homes
- Hopewell, VA: higher priced homes
- Colonial Heights, VA: higher priced homes
- Kenwood, VA: higher priced homes
- Petersburg, VA: higher priced homes
- Beechwood Manor, VA: higher priced homes
- New Bohemia, VA: higher priced homes
- Enon, VA: higher priced homes
- Highland Park, VA: higher priced homes
- West Petersburg, VA: higher priced homes
Cities with Similar Populations
- Milton, WI: higher priced homes
- Metter, GA: equally priced homes
- Middleboro, MA: higher priced homes
- Middlebury, VT: higher priced homes
- Middlefield, OH: higher priced homes
- Middlesex, NC: higher priced homes
- Middleton, MA: higher priced homes
- Middletown, KY: higher priced homes
- Midland, NC: higher priced homes
- Miles City, MT: higher priced homes
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