The Most Affordable Neighborhoods in Hampden-Sydney, VA by Home Value

 

Hampden-Sydney, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hampden-Sydney area can be challenging. Home prices in Hampden-Sydney are now at a median cost of $232,308, lower than the Virginia average of $443,089.

The average cost of rent is $1,674/mo in Hampden-Sydney, primarily driven by the current value of real estate in the Hampden-Sydney area. In Hampden-Sydney, 37.96% of households rent, and 24.76% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hampden-Sydney is $4,802 per month. Households that rent pay about 34.87% of their income on rent here. Hampden-Sydney’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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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