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These days, finding an affordable place to live in the New Canton area can be challenging. Home prices in New Canton are now at a median cost of $120,950, lower than the Virginia average of $323,261.
The average cost of rent is $707/mo in New Canton, primarily driven by the current value of real estate in the New Canton area. While nearly 39.11% of residents own their homes outright in New Canton, 34.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Canton is $4,044 per month. Households that rent pay about 17.48% of their income on rent here. New Canton's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Arvonia, VA: equally priced homes
- West Bottom, VA: higher priced homes
- Alpha, VA: higher priced homes
- Bremo Bluff, VA: higher priced homes
- Fork Union, VA: higher priced homes
- Hardware, VA: higher priced homes
- Tabscott, VA: higher priced homes
- Ransons, VA: equally priced homes
- Dixie, VA: higher priced homes
- Trent Mill, VA: higher priced homes
Cities with Similar Populations
- Niangua, MO: higher priced homes
- Roodhouse, IL: less expensive homes
- Shaw, MS: less expensive homes
- Cleona, PA: higher priced homes
- South Walpole, MA: higher priced homes
- Cascade, WI: higher priced homes
- Cameron, WV: less expensive homes
- Black River, NY: higher priced homes
- Montague, MA: higher priced homes
- Berry Hill, TN: higher priced homes
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