Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montpelier Station area can be challenging. Home prices in Montpelier Station are now at a median cost of $268,395, lower than the Virginia average of $323,261.
The average cost of rent is $939/mo in Montpelier Station, primarily driven by the current value of real estate in the Montpelier Station area. While nearly 38.15% of residents own their homes outright in Montpelier Station, 47.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montpelier Station is $5,283 per month. Households that rent pay about 17.78% of their income on rent here. Montpelier Station's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Montford, VA: equally priced homes
- Somerset, VA: equally priced homes
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- Orange, VA: equally priced homes
- Uno, VA: equally priced homes
- Madison Run, VA: less expensive homes
- Aroda, VA: equally priced homes
- Gordonsville, VA: equally priced homes
- Melton, VA: less expensive homes
Cities with Similar Populations
- Scotts Corner, MO: less expensive homes
- Massillon, IA: less expensive homes
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- Mead, WV: less expensive homes
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- Melrose, AL: less expensive homes
- Saranac Inn, NY: less expensive homes
- Sarton, WV: less expensive homes
- Saulsburg, PA: less expensive homes
- School Creek, NE: less expensive homes
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