Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lynchburg area can be challenging. Home prices in Lynchburg are now at a median cost of $133,457, lower than the Ohio average of $181,280.
The average cost of rent is $806/mo in Lynchburg, primarily driven by the current value of real estate in the Lynchburg area. While nearly 31.64% of residents own their homes outright in Lynchburg, 19.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lynchburg is $4,663 per month. Households that rent pay about 17.29% of their income on rent here. Lynchburg's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Webertown, OH: equally priced homes
- Russell, OH: higher priced homes
- St. Martin, OH: higher priced homes
- Willettsville, OH: equally priced homes
- Pricetown, OH: equally priced homes
- Martinsville, OH: higher priced homes
- Westboro, OH: higher priced homes
- Hoagland, OH: higher priced homes
- Midland, OH: higher priced homes
- East Danville, OH: less expensive homes
Cities with Similar Populations
- Edgewood, FL: higher priced homes
- Anahuac, TX: equally priced homes
- Ixonia, WI: higher priced homes
- Hagerstown, IN: less expensive homes
- Epsom, NH: higher priced homes
- Dry Prong, LA: higher priced homes
- Crested Butte, CO: higher priced homes
- Central City, NE: higher priced homes
- Burton, OH: higher priced homes
- Bismarck, AR: equally priced homes
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