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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 $304,119, lower than the Virginia average of $443,089.
The average cost of rent is $949/mo in Lowesville, primarily driven by the current value of real estate in the Lowesville area. In Lowesville, 20.85% of households rent, and 51.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lowesville is $5,812 per month. Households that rent pay about 16.32% of their income on rent here. Lowesville’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Piney River, VA: less expensive homes
- Woodson, VA: less expensive homes
- Gidsville, VA: higher priced homes
- Fancy Hill, VA: higher priced homes
- Massies Mill, VA: less expensive homes
- Alhambra, VA: equally priced homes
- Tye River, VA: less expensive homes
- New Glasgow, VA: less expensive homes
- Arrington, VA: less expensive homes
- Buffalo Hill, VA: less expensive homes
Cities with Similar Populations
- Forest Hills, NC: higher priced homes
- Toivola, MI: less expensive homes
- Glenville, KY: less expensive homes
- Gholson, MS: less expensive homes
- Gatzke, MN: less expensive homes
- Gans, PA: less expensive homes
- Gala, VA: less expensive homes
- Fulton Bridge, AL: less expensive homes
- Fryburg, ND: equally priced homes
- Franklinton, KY: less expensive homes
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