Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Henrico County area can be challenging. Home prices in Henrico County are now at a median cost of $393,993, lower than the Virginia average of $443,089.
The average cost of rent is $1,697/mo in Henrico County, primarily driven by the current value of real estate in the Henrico County area. In Henrico County, 35.52% of households rent, and 30.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Henrico County is $8,935 per month. Households that rent pay about 18.99% of their income on rent here. Henrico County’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Richmond City, VA: equally priced homes
- Hanover County, VA: equally priced homes
- Goochland County, VA: higher priced homes
- Powhatan County, VA: equally priced homes
- King William County, VA: less expensive homes
- King and Queen County, VA: less expensive homes
- Buckingham County, VA: less expensive homes
- Middlesex County, VA: less expensive homes
- Lancaster County, VA: less expensive homes
- Amherst County, VA: less expensive homes
Counties with Similar Populations
- Cameron County, TX: less expensive homes
- Allen County, IN: less expensive homes
- Charleston County, SC: higher priced homes
- Anoka County, MN: less expensive homes
- Clackamas County, OR: higher priced homes
- Chesterfield County, VA: equally priced homes
- Bell County, TX: less expensive homes
- Butler County, OH: less expensive homes
- Berks County, PA: less expensive homes
- Brazoria County, TX: less expensive homes
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