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These days, finding an affordable place to live in the Lackey area can be challenging. Home prices in Lackey are now at a median cost of $337,900, lower than the Virginia average of $443,089.
The average cost of rent is $1,477/mo in Lackey, primarily driven by the current value of real estate in the Lackey area. In Lackey, 39.68% of households rent, and 29.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lackey is $6,490 per month. Households that rent pay about 22.76% of their income on rent here. Lackey’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
- Queens Lake, VA: equally priced homes
- Fort Eustis, VA: less expensive homes
- Gloucester Point, VA: equally priced homes
- Wicomico, VA: less expensive homes
- Hayes, VA: equally priced homes
- Centerville, VA: higher priced homes
- Seaford, VA: higher priced homes
- Yorktown, VA: higher priced homes
- Williamsburg, VA: higher priced homes
- Selden, VA: higher priced homes
Cities with Similar Populations
- Little Hope, PA: less expensive homes
- Russell, VA: less expensive homes
- Rumsey, KY: less expensive homes
- Rule, AR: less expensive homes
- Rosslyn Farms, PA: higher priced homes
- Roll, IN: less expensive homes
- Rogers Mesa, CO: equally priced homes
- McAdam, VA: less expensive homes
- Martin, MS: less expensive homes
- Magnolia, MO: less expensive homes
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