The Most Affordable Neighborhoods in Mallow, VA by Home Value

 

Mallow, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mallow area can be challenging. Home prices in Mallow are now at a median cost of $93,744, lower than the Virginia average of $323,261.

The average cost of rent is $477/mo in Mallow, primarily driven by the current value of real estate in the Mallow area. While nearly 63.88% of residents own their homes outright in Mallow, 23.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mallow is $3,299 per month. Households that rent pay about 14.46% of their income on rent here. Mallow's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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