The Most Affordable Neighborhoods in Jeff Davis, Richmond, VA by Home Value

 

Jeff Davis, Richmond, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jeff Davis area can be challenging. Home prices in Jeff Davis are now at a median cost of $85,256, lower than the Richmond average of $280,760.

The average cost of rent is $1,032/mo in Jeff Davis, primarily driven by the current value of real estate in the Jeff Davis area. While nearly 51.64% of residents own their homes outright in Jeff Davis, 73.16% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jeff Davis is $3,216 per month. Households that rent pay about 32.07% of their income on rent here. Jeff Davis's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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