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 $85,682, lower than the South Carolina average of $233,397.
The average cost of rent is $664/mo in Lynchburg, primarily driven by the current value of real estate in the Lynchburg area. While nearly 81.33% of residents own their homes outright in Lynchburg, 16.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lynchburg is $2,897 per month. Households that rent pay about 22.92% of their income on rent here. Lynchburg's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- South Lynchburg, SC: less expensive homes
- Shiloh, SC: higher priced homes
- Sardis, SC: higher priced homes
- Elliott, SC: higher priced homes
- Scottsville, SC: higher priced homes
- Mayesville, SC: higher priced homes
- Olanta, SC: equally priced homes
- Timmonsville, SC: equally priced homes
- St. Charles, SC: higher priced homes
- Lamar, SC: higher priced homes
Cities with Similar Populations
- Collings Lakes, NJ: higher priced homes
- Tushka, OK: higher priced homes
- Upper Nyack, NY: higher priced homes
- Summer Shade, KY: higher priced homes
- Maple City, MI: higher priced homes
- Stewart, NV: higher priced homes
- Milano, TX: higher priced homes
- Joanna, SC: equally priced homes
- Dale, WI: higher priced homes
- Cope, SC: equally priced homes
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