The Most Affordable Neighborhoods in Lunenburg County, VA by Home Value

These days, finding an affordable place to live in the Lunenburg County area can be challenging. Home prices in Lunenburg County are now at a median cost of $150,335, lower than the Virginia average of $443,089.

The average cost of rent is $802/mo in Lunenburg County, primarily driven by the current value of real estate in the Lunenburg County area. In Lunenburg County, 28.55% of households rent, and 56.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lunenburg County is $4,910 per month. Households that rent pay about 16.34% of their income on rent here. Lunenburg County’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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