Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Grottoes area can be challenging. Home prices in Grottoes are now at a median cost of $178,894, lower than the Virginia average of $323,261.
The average cost of rent is $1,016/mo in Grottoes, primarily driven by the current value of real estate in the Grottoes area. While nearly 41.49% of residents own their homes outright in Grottoes, 17.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Grottoes is $5,216 per month. Households that rent pay about 19.47% of their income on rent here. Grottoes's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Piedmont, VA: higher priced homes
- Port Republic, VA: higher priced homes
- Weyers Cave, VA: higher priced homes
- Knightly, VA: higher priced homes
- New Hope, VA: higher priced homes
- Crimora, VA: equally priced homes
- Fort Defiance, VA: higher priced homes
- Madrid, VA: equally priced homes
- Greenwood, VA: higher priced homes
- Mount Crawford, VA: higher priced homes
Cities with Similar Populations
- Newfield, NY: less expensive homes
- North Street, MI: equally priced homes
- North Stonington, CT: higher priced homes
- North Scituate, MA: higher priced homes
- North Plains, OR: higher priced homes
- North Oaks, MN: higher priced homes
- Nicholls, GA: less expensive homes
- Newton, NH: higher priced homes
- Newton, MS: less expensive homes
- Newport, PA: equally priced homes
All Local Stats
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