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Affordable
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These days, finding an affordable place to live in the Laurel Mills area can be challenging. Home prices in Laurel Mills are now at a median cost of $584,867, higher than the Virginia average of $443,089.
The average cost of rent is $1,448/mo in Laurel Mills, primarily driven by the current value of real estate in the Laurel Mills area. In Laurel Mills, 31.63% of households rent, and 34.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laurel Mills is $9,769 per month. Households that rent pay about 14.82% of their income on rent here. Laurel Mills’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Castleton, VA: less expensive homes
- Rock Mills, VA: less expensive homes
- Viewtown, VA: equally priced homes
- Woodville, VA: less expensive homes
- Washington, VA: less expensive homes
- Rixeyville, VA: less expensive homes
- Amissville, VA: equally priced homes
- Flint Hill, VA: higher priced homes
- Scrabble, VA: less expensive homes
- Oakshade, VA: less expensive homes
Cities with Similar Populations
- Siluria, AL: less expensive homes
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- Sandy Ridge, AL: less expensive homes
- Shawver Mill, VA: less expensive homes
- Sheyenne, ND: less expensive homes
- Shrewsbury, KY: less expensive homes
- Sidell, KY: less expensive homes
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