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These days, finding an affordable place to live in the Laurel Grove area can be challenging. Home prices in Laurel Grove are now at a median cost of $147,896, lower than the Virginia average of $443,089.
The average cost of rent is $1,334/mo in Laurel Grove, primarily driven by the current value of real estate in the Laurel Grove area. In Laurel Grove, 8.95% of households rent, and 42.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel Grove is $4,226 per month. Households that rent pay about 31.56% of their income on rent here. Laurel Grove’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
- Sutherlin, VA: equally priced homes
- Keeling, VA: less expensive homes
- Elmo, VA: less expensive homes
- Ringgold, VA: equally priced homes
- Pickaway, VA: equally priced homes
- Paces, VA: less expensive homes
- Blairs, VA: equally priced homes
- Spring Garden, VA: higher priced homes
- Vernon Hill, VA: equally priced homes
- Milton, NC: equally priced homes
Cities with Similar Populations
- Romont, WV: less expensive homes
- Montgomery, IA: higher priced homes
- Monticello, AL: less expensive homes
- Montmorenci, IN: higher priced homes
- Moores Corners, PA: higher priced homes
- Morland, KS: less expensive homes
- Moscow, VA: higher priced homes
- Mount Carbon, PA: higher priced homes
- Rockland, NY: higher priced homes
- Rockvale, KY: higher priced homes
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