The Most Affordable Neighborhoods in Hare Valley, VA by Home Value

 

Hare Valley, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hare Valley area can be challenging. Home prices in Hare Valley are now at a median cost of $189,531, lower than the Virginia average of $443,089.

The average cost of rent is $862/mo in Hare Valley, primarily driven by the current value of real estate in the Hare Valley area. In Hare Valley, 41.54% of households rent, and 45.79% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hare Valley is $5,039 per month. Households that rent pay about 17.11% of their income on rent here. Hare Valley’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.


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