The Most Affordable Neighborhoods in Loves Mill, VA by Home Value

 

Loves Mill, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Loves Mill area can be challenging. Home prices in Loves Mill are now at a median cost of $131,509, lower than the Virginia average of $323,261.

The average cost of rent is $696/mo in Loves Mill, primarily driven by the current value of real estate in the Loves Mill area. While nearly 60.78% of residents own their homes outright in Loves Mill, 25.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Loves Mill is $3,314 per month. Households that rent pay about 20.99% of their income on rent here. Loves Mill's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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