Expensive
Affordable
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These days, finding an affordable place to live in the Henry area can be challenging. Home prices in Henry are now at a median cost of $162,907, lower than the Virginia average of $443,089.
The average cost of rent is $794/mo in Henry, primarily driven by the current value of real estate in the Henry area. In Henry, 13.42% of households rent, and 61.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Henry is $5,114 per month. Households that rent pay about 15.52% of their income on rent here. Henry’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Prilliman, VA: equally priced homes
- Philpott, VA: equally priced homes
- Oak Level, VA: higher priced homes
- Ferrum, VA: higher priced homes
- Bassett, VA: less expensive homes
- Stanleytown, VA: higher priced homes
- Sydnorsville, VA: higher priced homes
- Figsboro, VA: equally priced homes
- Collinsville, VA: less expensive homes
- Sanville, VA: less expensive homes
Cities with Similar Populations
- Waterville, WA: higher priced homes
- Dushore, PA: higher priced homes
- Waverly, GA: higher priced homes
- East Montpelier, VT: higher priced homes
- Flat Lick, KY: less expensive homes
- Foxfire, NC: higher priced homes
- Frenstat, TX: higher priced homes
- Galeton, PA: less expensive homes
- Gethsemane, AR: less expensive homes
- Glasgow, MO: equally priced homes
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