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Affordable
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These days, finding an affordable place to live in the Mineral area can be challenging. Home prices in Mineral are now at a median cost of $351,234, lower than the Virginia average of $443,089.
The average cost of rent is $1,260/mo in Mineral, primarily driven by the current value of real estate in the Mineral area. In Mineral, 12.89% of households rent, and 33.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mineral is $7,205 per month. Households that rent pay about 17.49% of their income on rent here. Mineral’s most expensive areas are in the northeastern 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
- Mount Garland, VA: less expensive homes
- Wares Crossroads, VA: less expensive homes
- Plum Tree, VA: higher priced homes
- Ellisville, VA: less expensive homes
- Bumpass, VA: equally priced homes
- Yanceyville, VA: less expensive homes
- Thornhill, VA: higher priced homes
- Louisa, VA: less expensive homes
- Trevilians, VA: less expensive homes
- Blue Ridge Shores, VA: less expensive homes
Cities with Similar Populations
- Lowville, NY: less expensive homes
- Lytle, TX: less expensive homes
- Lynchburg, TN: less expensive homes
- Lumberton, NM: higher priced homes
- Lumberton, MS: less expensive homes
- Luling, TX: less expensive homes
- Lula, GA: less expensive homes
- Lucerne Valley, CA: less expensive homes
- Lucas, TX: higher priced homes
- Macon, MO: less expensive homes
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