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These days, finding an affordable place to live in the Lee County area can be challenging. Home prices in Lee County are now at a median cost of $117,108, lower than the Virginia average of $443,089.
The average cost of rent is $769/mo in Lee County, primarily driven by the current value of real estate in the Lee County area. In Lee County, 26.98% of households rent, and 65.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lee County is $4,072 per month. Households that rent pay about 18.89% of their income on rent here. Lee County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Harlan County, KY: less expensive homes
- Scott County, VA: higher priced homes
- Bell County, KY: less expensive homes
- Bristol City, VA: higher priced homes
- Whitley County, KY: higher priced homes
- Washington County, VA: higher priced homes
- McCreary County, KY: less expensive homes
- Smyth County, VA: higher priced homes
- Wayne County, KY: higher priced homes
- Grayson County, VA: higher priced homes
Counties with Similar Populations
- Humboldt County, NV: higher priced homes
- Henderson County, TN: higher priced homes
- Henry County, AL: higher priced homes
- Henry County, IA: higher priced homes
- Henry County, OH: higher priced homes
- Houston County, TX: higher priced homes
- Hubbard County, MN: higher priced homes
- Hughes County, OK: equally priced homes
- Hughes County, SD: higher priced homes
- Hempstead County, AR: equally priced homes
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