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Affordable
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These days, finding an affordable place to live in the Glenwood area can be challenging. Home prices in Glenwood are now at a median cost of $185,803, lower than the Virginia average of $443,089.
The average cost of rent is $1,211/mo in Glenwood, primarily driven by the current value of real estate in the Glenwood area. In Glenwood, 14.10% of households rent, and 35.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glenwood is $5,111 per month. Households that rent pay about 23.70% of their income on rent here. Glenwood’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whitfield, VA: equally priced homes
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- Pelham, NC: less expensive homes
- Cascade, VA: equally priced homes
- Danville, VA: less expensive homes
- Ruffin, NC: equally priced homes
- Soapstone, VA: equally priced homes
- Boxwood, VA: less expensive homes
Cities with Similar Populations
- Ethel, WV: less expensive homes
- Fairview, OH: equally priced homes
- Willow, OK: less expensive homes
- Fairfield, ND: higher priced homes
- Fairbanks, AR: equally priced homes
- Exmoor, AL: less expensive homes
- Excelsior, AR: equally priced homes
- Evening Shade, OK: less expensive homes
- Evansville, AR: higher priced homes
- Eureka, NC: less expensive homes
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