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These days, finding an affordable place to live in the Lancaster County area can be challenging. Home prices in Lancaster County are now at a median cost of $324,901, lower than the Virginia average of $443,089.
The average cost of rent is $1,020/mo in Lancaster County, primarily driven by the current value of real estate in the Lancaster County area. In Lancaster County, 18.52% of households rent, and 54.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lancaster County is $6,042 per month. Households that rent pay about 16.88% of their income on rent here. Lancaster County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Middlesex County, VA: equally priced homes
- Northumberland County, VA: equally priced homes
- King and Queen County, VA: less expensive homes
- King William County, VA: equally priced homes
- Accomack County, VA: less expensive homes
- Hanover County, VA: higher priced homes
- Henrico County, VA: higher priced homes
- Goochland County, VA: higher priced homes
- Fluvanna County, VA: equally priced homes
- Nelson County, VA: equally priced homes
Counties with Similar Populations
- Lake and Peninsula Borough, AK: less expensive homes
- Knott County, KY: less expensive homes
- Adair County, IA: less expensive homes
- Knox County, NE: less expensive homes
- Knox County, TX: less expensive homes
- Kodiak Island Borough, AK: higher priced homes
- Koochiching County, MN: less expensive homes
- Kossuth County, IA: less expensive homes
- Kusilvak Census Area, AK: less expensive homes
- La Paz County, AZ: less expensive homes
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