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Affordable
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These days, finding an affordable place to live in the Lanexa area can be challenging. Home prices in Lanexa are now at a median cost of $449,784, higher than the Virginia average of $443,089.
The average cost of rent is $1,334/mo in Lanexa, primarily driven by the current value of real estate in the Lanexa area. In Lanexa, 8.80% of households rent, and 34.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lanexa is $10,012 per month. Households that rent pay about 13.32% of their income on rent here. Lanexa’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Barhamsville, VA: less expensive homes
- Holdcroft, VA: less expensive homes
- Toano, VA: equally priced homes
- Roxbury, VA: less expensive homes
- Plum Point, VA: less expensive homes
- Providence Forge, VA: less expensive homes
- Ruthville, VA: less expensive homes
- Upper Brandon, VA: less expensive homes
- West Point, VA: less expensive homes
- Lightfoot, VA: equally priced homes
Cities with Similar Populations
- Frazee, MN: less expensive homes
- Lowville, NY: less expensive homes
- Fort Richardson, AK: less expensive homes
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- Louisville, GA: less expensive homes
- Loudonville, OH: less expensive homes
- Loudon, NH: less expensive homes
- Four Corners, MT: higher priced homes
- Fox Chapel, PA: higher priced homes
- Fox River Grove, IL: less expensive homes
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