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These days, finding an affordable place to live in the Melfa area can be challenging. Home prices in Melfa are now at a median cost of $273,198, lower than the Virginia average of $443,089.
The average cost of rent is $991/mo in Melfa, primarily driven by the current value of real estate in the Melfa area. In Melfa, 37.66% of households rent, and 60.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Melfa is $4,181 per month. Households that rent pay about 23.71% of their income on rent here. Melfa’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Keller, VA: less expensive homes
- Savageville, VA: higher priced homes
- Onley, VA: equally priced homes
- Pungoteague, VA: higher priced homes
- Wachapreague, VA: less expensive homes
- Harborton, VA: higher priced homes
- Onancock, VA: equally priced homes
- Painter, VA: less expensive homes
- Mappsburg, VA: less expensive homes
- Tasley, VA: equally priced homes
Cities with Similar Populations
- Akron, CO: less expensive homes
- Wittenberg, WI: less expensive homes
- Westcliffe, CO: higher priced homes
- Wellington, NV: higher priced homes
- Warren, MN: less expensive homes
- Verona, MO: less expensive homes
- Ubly, MI: less expensive homes
- Tullytown, PA: higher priced homes
- Troy, NH: equally priced homes
- Stella, NC: higher priced homes
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