Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morattico area can be challenging. Home prices in Morattico are now at a median cost of $114,400, lower than the Virginia average of $323,261.
The average cost of rent is $657/mo in Morattico, primarily driven by the current value of real estate in the Morattico area. While nearly 23.75% of residents own their homes outright in Morattico, 11.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morattico is $6,129 per month. Households that rent pay about 10.72% of their income on rent here. Morattico's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Sharps, VA: higher priced homes
- Laneview, VA: higher priced homes
- Water View, VA: higher priced homes
- Oakley, VA: higher priced homes
- Lancaster, VA: higher priced homes
- Tidewater, VA: higher priced homes
- Farnham, VA: higher priced homes
- Mulch, VA: higher priced homes
- Jamaica, VA: higher priced homes
- Church View, VA: higher priced homes
Cities with Similar Populations
- Sedalia, OH: higher priced homes
- Lawrence, OK: higher priced homes
- Layman, KY: less expensive homes
- Libertytown, MD: higher priced homes
- Little Valley, CA: higher priced homes
- Lively Grove, IL: higher priced homes
- Logan, NY: higher priced homes
- Losh Run, PA: higher priced homes
- Lottsville, PA: equally priced homes
- Louden, KY: less expensive homes
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