Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mayo area can be challenging. Home prices in Mayo are now at a median cost of $147,900, lower than the Virginia average of $323,261.
The average cost of rent is $611/mo in Mayo, primarily driven by the current value of real estate in the Mayo area. While nearly 19.14% of residents own their homes outright in Mayo, 12.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mayo is $4,613 per month. Households that rent pay about 13.24% of their income on rent here. Mayo's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Denniston, VA: equally priced homes
- Cluster Springs, VA: less expensive homes
- Harmony, VA: less expensive homes
- Virgilina, VA: equally priced homes
- Danripple, VA: less expensive homes
- Alton, VA: less expensive homes
- McGehees Mill, NC: equally priced homes
- South Boston, VA: less expensive homes
- Hyco, VA: equally priced homes
- Roxboro, NC: less expensive homes
Cities with Similar Populations
- Treasureton, ID: higher priced homes
- Coreys, NY: higher priced homes
- Corton, WV: less expensive homes
- Costello, PA: higher priced homes
- Cowdrey, CO: higher priced homes
- Craige, WA: higher priced homes
- Creelsboro, KY: less expensive homes
- Cruise Mill, MO: less expensive homes
- Daysville, KY: less expensive homes
- Diamond, OR: higher priced homes
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