The Most Affordable Neighborhoods in Hickory Flat, VA by Home Value

 

Hickory Flat, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hickory Flat area can be challenging. Home prices in Hickory Flat are now at a median cost of $103,965, lower than the Virginia average of $323,261.

The average cost of rent is $686/mo in Hickory Flat, primarily driven by the current value of real estate in the Hickory Flat area. While nearly 46.84% of residents own their homes outright in Hickory Flat, 15.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hickory Flat is $4,187 per month. Households that rent pay about 16.38% of their income on rent here. Hickory Flat's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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