The Most Affordable Neighborhoods in Galts Mill, VA by Home Value

 

Galts Mill, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Galts Mill area can be challenging. Home prices in Galts Mill are now at a median cost of $153,323, lower than the Virginia average of $323,261.

The average cost of rent is $651/mo in Galts Mill, primarily driven by the current value of real estate in the Galts Mill area. While nearly 51.51% of residents own their homes outright in Galts Mill, 16.90% rent.

Housing affordability isn’t just about home prices, though. The average household income in Galts Mill is $4,305 per month. Households that rent pay about 15.12% of their income on rent here. Galts Mill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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