The Most Affordable Neighborhoods in Fort Monroe, VA by Home Value

 

Fort Monroe, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fort Monroe area can be challenging. Home prices in Fort Monroe are now at a median cost of $189,460, lower than the Virginia average of $323,261.

The average cost of rent is $1,757/mo in Fort Monroe, primarily driven by the current value of real estate in the Fort Monroe area. While nearly 29.93% of residents own their homes outright in Fort Monroe, 43.90% rent.

Housing affordability isn’t just about home prices, though. The average household income in Fort Monroe is $7,976 per month. Households that rent pay about 22.03% of their income on rent here. Fort Monroe's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.


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