Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Ridge area can be challenging. Home prices in Lake Ridge are now at a median cost of $378,928, higher than the Virginia average of $323,261.
The average cost of rent is $2,198/mo in Lake Ridge, primarily driven by the current value of real estate in the Lake Ridge area. While nearly 22.47% of residents own their homes outright in Lake Ridge, 20.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Ridge is $9,730 per month. Households that rent pay about 22.59% of their income on rent here. Lake Ridge's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Potomac Mills, VA: higher priced homes
- Occoquan, VA: equally priced homes
- Woodbridge, VA: equally priced homes
- Dale City, VA: less expensive homes
- Crosspointe, VA: higher priced homes
- Marumsco, VA: equally priced homes
- Laurel Hill, VA: higher priced homes
- Fairfax Station, VA: higher priced homes
- Newington Forest, VA: higher priced homes
- Lorton, VA: higher priced homes
Cities with Similar Populations
- Riverton, UT: higher priced homes
- Austell, GA: less expensive homes
- Beavercreek, OH: less expensive homes
- Bessemer, AL: less expensive homes
- Bountiful, UT: equally priced homes
- Brookfield, WI: equally priced homes
- Nacogdoches, TX: less expensive homes
- Rexburg, ID: less expensive homes
- Rancho Palos Verdes, CA: higher priced homes
- Prattville, AL: less expensive homes
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