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These days, finding an affordable place to live in the Mechanicsville area can be challenging. Home prices in Mechanicsville are now at a median cost of $391,756, lower than the Virginia average of $443,089.
The average cost of rent is $1,988/mo in Mechanicsville, primarily driven by the current value of real estate in the Mechanicsville area. In Mechanicsville, 16.45% of households rent, and 28.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mechanicsville is $10,050 per month. Households that rent pay about 19.78% of their income on rent here. Mechanicsville’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chamberlayne, VA: less expensive homes
- East Highland Park, VA: less expensive homes
- Poindexters, VA: equally priced homes
- Crosses Corner, VA: higher priced homes
- Highland Springs, VA: less expensive homes
- Lakeside, VA: less expensive homes
- Montrose, VA: less expensive homes
- Laurel, VA: less expensive homes
- Hanover, VA: higher priced homes
- Sandston, VA: less expensive homes
Cities with Similar Populations
- Bay City, MI: less expensive homes
- Pottstown, PA: less expensive homes
- Martinsburg, WV: less expensive homes
- Laguna Niguel, CA: higher priced homes
- La Habra, CA: higher priced homes
- Jefferson City, MO: less expensive homes
- Hot Springs, AR: less expensive homes
- Hickory, NC: less expensive homes
- Grove City, OH: less expensive homes
- Eden Prairie, MN: higher priced homes
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