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Affordable
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These days, finding an affordable place to live in the Mountfair area can be challenging. Home prices in Mountfair are now at a median cost of $389,400, lower than the Virginia average of $443,089.
The average cost of rent is $1,582/mo in Mountfair, primarily driven by the current value of real estate in the Mountfair area. In Mountfair, 11.96% of households rent, and 53.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mountfair is $7,225 per month. Households that rent pay about 21.90% of their income on rent here. Mountfair’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- White Hall, VA: higher priced homes
- Greenwood, VA: higher priced homes
- Free Union, VA: higher priced homes
- Shady Grove, VA: less expensive homes
- Crozet, VA: higher priced homes
- Crimora, VA: less expensive homes
- Piedmont, VA: less expensive homes
- Grottoes, VA: less expensive homes
- Dyke, VA: higher priced homes
- Yancey Mills, VA: higher priced homes
Cities with Similar Populations
- Gifford, SC: less expensive homes
- Grainfield, KS: less expensive homes
- Woodrow, KY: less expensive homes
- Gluckheim, MD: less expensive homes
- Glenwood, MO: less expensive homes
- Glenvar, VA: less expensive homes
- Woodstock, MN: less expensive homes
- Glencoe, AR: less expensive homes
- Gilliam, MO: less expensive homes
- Gilboa, WV: less expensive homes
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