The Most Affordable Neighborhoods in Laurel Hill, VA by Home Value

 

Laurel Hill, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Laurel Hill area can be challenging. Home prices in Laurel Hill are now at a median cost of $491,945, higher than the Virginia average of $323,261.

The average cost of rent is $2,157/mo in Laurel Hill, primarily driven by the current value of real estate in the Laurel Hill area. While nearly 22.26% of residents own their homes outright in Laurel Hill, 23.03% rent.

Housing affordability isn’t just about home prices, though. The average household income in Laurel Hill is $9,208 per month. Households that rent pay about 23.42% of their income on rent here. Laurel Hill's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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