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These days, finding an affordable place to live in the Harrisonburg area can be challenging. Home prices in Harrisonburg are now at a median cost of $328,455, lower than the Virginia average of $443,089.
The average cost of rent is $1,225/mo in Harrisonburg, primarily driven by the current value of real estate in the Harrisonburg area. In Harrisonburg, 53.20% of households rent, and 36.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Harrisonburg is $6,047 per month. Households that rent pay about 20.26% of their income on rent here. Harrisonburg’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Massanetta Springs, VA: higher priced homes
- Keezletown, VA: higher priced homes
- Penn Laird, VA: higher priced homes
- Dayton, VA: less expensive homes
- Mount Crawford, VA: higher priced homes
- Linville, VA: equally priced homes
- Hinton, VA: less expensive homes
- Bridgewater, VA: higher priced homes
- Singers Glen, VA: less expensive homes
- Massanutten, VA: higher priced homes
Cities with Similar Populations
- Florence, SC: less expensive homes
- Clarksville, TN: less expensive homes
- Cincinnati, OH: less expensive homes
- Concord, CA: higher priced homes
- Coral Springs, FL: higher priced homes
- Clifton, NJ: higher priced homes
- Covington, GA: less expensive homes
- Corpus Christi, TX: less expensive homes
- Chino Hills, CA: higher priced homes
- Chino, CA: higher priced homes
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