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Affordable
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These days, finding an affordable place to live in the Lockhart Flats area can be challenging. Home prices in Lockhart Flats are now at a median cost of $119,072, lower than the Virginia average of $443,089.
The average cost of rent is $750/mo in Lockhart Flats, primarily driven by the current value of real estate in the Lockhart Flats area. In Lockhart Flats, 29.85% of households rent, and 60.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockhart Flats is $4,385 per month. Households that rent pay about 17.11% of their income on rent here. Lockhart Flats’s most expensive areas are in the northwestern 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
- Clintwood, VA: higher priced homes
- Flemingtown, VA: less expensive homes
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- Isom, VA: less expensive homes
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Cities with Similar Populations
- Healy, KS: less expensive homes
- Traverse, MN: higher priced homes
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- Tobinsport, IN: higher priced homes
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- Tibbee, MS: higher priced homes
- Thrift, GA: equally priced homes
- Three Notch, AL: less expensive homes
- Thomastown, LA: higher priced homes
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