The Most Affordable Neighborhoods in Lowesville, VA by Home Value

 

Lowesville, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lowesville area can be challenging. Home prices in Lowesville are now at a median cost of $263,408, lower than the Virginia average of $323,261.

The average cost of rent is $814/mo in Lowesville, primarily driven by the current value of real estate in the Lowesville area. While nearly 34.36% of residents own their homes outright in Lowesville, 21.04% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lowesville is $5,235 per month. Households that rent pay about 15.55% of their income on rent here. Lowesville's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.


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