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These days, finding an affordable place to live in the McKenney area can be challenging. Home prices in McKenney are now at a median cost of $250,039, lower than the Virginia average of $443,089.
The average cost of rent is $1,023/mo in McKenney, primarily driven by the current value of real estate in the McKenney area. In McKenney, 15.58% of households rent, and 37.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McKenney is $6,315 per month. Households that rent pay about 16.21% of their income on rent here. McKenney’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dewitt, VA: higher priced homes
- Warfield, VA: less expensive homes
- Rawlings, VA: equally priced homes
- Callaville, VA: less expensive homes
- Dolphin, VA: less expensive homes
- Dinwiddie, VA: equally priced homes
- Alberta, VA: less expensive homes
- Danieltown, VA: less expensive homes
- Stony Creek, VA: less expensive homes
- Cochran, VA: less expensive homes
Cities with Similar Populations
- Kings Mills, OH: higher priced homes
- New Harmony, IN: less expensive homes
- New Church, VA: less expensive homes
- Mc Henry, MD: equally priced homes
- Leicester, NY: less expensive homes
- Lawrenceville, PA: less expensive homes
- Laotto, IN: higher priced homes
- Lake Como, NJ: higher priced homes
- Adena, OH: less expensive homes
- Kualapuu, HI: higher priced homes
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