Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Jefferson area can be challenging. Home prices in Jefferson are now at a median cost of $470,811, higher than the Virginia average of $443,089.
The average cost of rent is $847/mo in Jefferson, primarily driven by the current value of real estate in the Jefferson area. In Jefferson, 2.74% of households rent, and 35.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jefferson is $9,284 per month. Households that rent pay about 9.12% of their income on rent here. Jefferson’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Michaux, VA: equally priced homes
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- Powhatan, VA: less expensive homes
- Sabot, VA: less expensive homes
- Fine Creek Mills, VA: equally priced homes
- Irwin, VA: less expensive homes
Cities with Similar Populations
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- Woods Mills, NY: less expensive homes
- Woodland Mills, TN: less expensive homes
- Woden, IA: less expensive homes
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