The Most Affordable Neighborhoods in Gibson Station, VA by Home Value

These days, finding an affordable place to live in the Gibson Station area can be challenging. Home prices in Gibson Station are now at a median cost of $121,281, lower than the Virginia average of $443,089.

The average cost of rent is $957/mo in Gibson Station, primarily driven by the current value of real estate in the Gibson Station area. In Gibson Station, 27.73% of households rent, and 62.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Gibson Station is $4,806 per month. Households that rent pay about 19.92% of their income on rent here. Gibson Station’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern 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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