The Most Affordable Neighborhoods in Lower Exeter, VA by Home Value

 

Lower Exeter, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lower Exeter area can be challenging. Home prices in Lower Exeter are now at a median cost of $51,200, lower than the Virginia average of $323,261.

The average cost of rent is $554/mo in Lower Exeter, primarily driven by the current value of real estate in the Lower Exeter area. While nearly 62.38% of residents own their homes outright in Lower Exeter, 40.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lower Exeter is $1,849 per month. Households that rent pay about 29.96% of their income on rent here. Lower Exeter's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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