Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madison County area can be challenging. Home prices in Madison County are now at a median cost of $281,063, lower than the Virginia average of $323,261.
The average cost of rent is $1,053/mo in Madison County, primarily driven by the current value of real estate in the Madison County area. While nearly 38.60% of residents own their homes outright in Madison County, 17.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madison County is $6,199 per month. Households that rent pay about 16.98% of their income on rent here. Madison County's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the county.
Nearby Counties
- Greene County, VA: less expensive homes
- Culpeper County, VA: higher priced homes
- Orange County, VA: equally priced homes
- Rockingham County, VA: less expensive homes
- Harrisonburg City, VA: equally priced homes
- Spotsylvania County, VA: higher priced homes
- Fredericksburg City, VA: higher priced homes
- Stafford County, VA: higher priced homes
- King George County, VA: higher priced homes
- Highland County, VA: less expensive homes
Counties with Similar Populations
- Van Buren County, AR: less expensive homes
- Caldwell County, MO: less expensive homes
- Caldwell Parish, LA: less expensive homes
- Calhoun County, AR: less expensive homes
- Calhoun County, FL: less expensive homes
- Calhoun County, GA: less expensive homes
- Chase County, NE: less expensive homes
- Union County, IN: less expensive homes
- Union County, NM: less expensive homes
- Union County, SD: higher priced homes
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