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These days, finding an affordable place to live in the Lynn Spring area can be challenging. Home prices in Lynn Spring are now at a median cost of $65,742, lower than the Virginia average of $443,089.
The average cost of rent is $664/mo in Lynn Spring, primarily driven by the current value of real estate in the Lynn Spring area. In Lynn Spring, 14.36% of households rent, and 76.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lynn Spring is $5,908 per month. Households that rent pay about 11.24% of their income on rent here. Lynn Spring’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Swords Creek, VA: higher priced homes
- Vandyke, VA: higher priced homes
- Raven, VA: higher priced homes
- Russell, VA: higher priced homes
- Red Ash, VA: higher priced homes
- Doran, VA: higher priced homes
- Honaker, VA: higher priced homes
- Skeggs, VA: higher priced homes
- Richlands, VA: higher priced homes
- Marvin, VA: higher priced homes
Cities with Similar Populations
- Wyola, MT: higher priced homes
- Baneberry, TN: higher priced homes
- Bar Mills, ME: higher priced homes
- Barton Hills, MI: higher priced homes
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- Bath, IL: higher priced homes
- Beaver, WA: higher priced homes
- Bell City, MO: higher priced homes
- Belview, MN: higher priced homes
- Yonkerville, MO: higher priced homes
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