The Most Affordable Neighborhoods in Hazel, VA by Home Value

 

Hazel, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hazel area can be challenging. Home prices in Hazel are now at a median cost of $68,724, lower than the Virginia average of $323,261.

The average cost of rent is $480/mo in Hazel, primarily driven by the current value of real estate in the Hazel area. While nearly 73.94% of residents own their homes outright in Hazel, 13.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hazel is $2,252 per month. Households that rent pay about 21.32% of their income on rent here. Hazel's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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