The Most Affordable Neighborhoods in Kerrs Creek, VA by Home Value

 

Kerrs Creek, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kerrs Creek area can be challenging. Home prices in Kerrs Creek are now at a median cost of $289,257, lower than the Virginia average of $323,261.

The average cost of rent is $1,126/mo in Kerrs Creek, primarily driven by the current value of real estate in the Kerrs Creek area. While nearly 43.71% of residents own their homes outright in Kerrs Creek, 31.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Kerrs Creek is $6,321 per month. Households that rent pay about 17.81% of their income on rent here. Kerrs Creek's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.


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