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These days, finding an affordable place to live in the Greenwich area can be challenging. Home prices in Greenwich are now at a median cost of $695,970, higher than the Virginia average of $443,089.
The average cost of rent is $1,621/mo in Greenwich, primarily driven by the current value of real estate in the Greenwich area. In Greenwich, 13.90% of households rent, and 28.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwich is $14,422 per month. Households that rent pay about 11.24% of their income on rent here. Greenwich’s most expensive areas are in the central 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
- New Baltimore, VA: equally priced homes
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- Casanova, VA: less expensive homes
- Bristow, VA: equally priced homes
- Airlie, VA: less expensive homes
- Nokesville, VA: equally priced homes
Cities with Similar Populations
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