The Most Affordable Neighborhoods in Jefferson Park, Charlottesville, VA by Home Value

 

Jefferson Park, Charlottesville, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jefferson Park area can be challenging. Home prices in Jefferson Park are now at a median cost of $269,938, lower than the Charlottesville average of $393,804.

The average cost of rent is $1,132/mo in Jefferson Park, primarily driven by the current value of real estate in the Jefferson Park area. While nearly 44.32% of residents own their homes outright in Jefferson Park, 88.29% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jefferson Park is $2,121 per month. Households that rent pay about 53.38% of their income on rent here. Jefferson Park's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.


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