The Most Affordable Neighborhoods in King William, VA by Home Value

 

King William, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the King William area can be challenging. Home prices in King William are now at a median cost of $302,036, lower than the Virginia average of $443,089.

The average cost of rent is $1,177/mo in King William, primarily driven by the current value of real estate in the King William area. In King William, 8.38% of households rent, and 25.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in King William is $8,298 per month. Households that rent pay about 14.19% of their income on rent here. King William’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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