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These days, finding an affordable place to live in the New Kent area can be challenging. Home prices in New Kent are now at a median cost of $393,873, lower than the Virginia average of $443,089.
The average cost of rent is $1,606/mo in New Kent, primarily driven by the current value of real estate in the New Kent area. In New Kent, 3.83% of households rent, and 28.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Kent is $11,469 per month. Households that rent pay about 14.00% of their income on rent here. New Kent’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tallysville, VA: equally priced homes
- Quinton, VA: equally priced homes
- Providence Forge, VA: less expensive homes
- Tunstall, VA: equally priced homes
- Roxbury, VA: less expensive homes
- Lanesville, VA: less expensive homes
- Old Church, VA: higher priced homes
- Hockley, VA: less expensive homes
- Lanexa, VA: higher priced homes
- Sandston, VA: less expensive homes
Cities with Similar Populations
- Avondale, LA: less expensive homes
- Wakeman, OH: less expensive homes
- Troup, TX: less expensive homes
- Stone Park, IL: less expensive homes
- Seven Springs, NC: less expensive homes
- Sandusky, MI: less expensive homes
- Rochester, MA: higher priced homes
- Prescott, AR: less expensive homes
- Nassau, NY: less expensive homes
- Mayodan, NC: less expensive homes
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