Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Marengo area can be challenging. Home prices in Marengo are now at a median cost of $118,087, lower than the Virginia average of $323,261.
The average cost of rent is $751/mo in Marengo, primarily driven by the current value of real estate in the Marengo area. While nearly 56.50% of residents own their homes outright in Marengo, 34.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Marengo is $3,742 per month. Households that rent pay about 20.07% of their income on rent here. Marengo's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- La Crosse, VA: higher priced homes
- Bracey, VA: higher priced homes
- South Hill, VA: equally priced homes
- Lombardy Grove, VA: equally priced homes
- Ebony, VA: higher priced homes
- Forksville, VA: higher priced homes
- Redlawn, VA: higher priced homes
- Brodnax, VA: equally priced homes
- Union Level, VA: higher priced homes
- Paschall, NC: less expensive homes
Cities with Similar Populations
- Putnamville, PA: equally priced homes
- North Miami, OK: less expensive homes
- Port Wing, WI: higher priced homes
- Potter, NE: less expensive homes
- Pottersville, NY: higher priced homes
- Prater, VA: less expensive homes
- Pratt, WV: less expensive homes
- Princeton, PA: higher priced homes
- Providence, FL: equally priced homes
- Pursglove, WV: higher priced homes
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