Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Old Town Manchester area can be challenging. Home prices in Old Town Manchester are now at a median cost of $190,519, lower than the Richmond average of $280,760.
The average cost of rent is $1,281/mo in Old Town Manchester, primarily driven by the current value of real estate in the Old Town Manchester area. While nearly 25.33% of residents own their homes outright in Old Town Manchester, 93.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Old Town Manchester is $4,621 per month. Households that rent pay about 27.72% of their income on rent here. Old Town Manchester's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Shockoe Bottom, Richmond, VA: higher priced homes
- Swansboro, Richmond, VA: equally priced homes
- Monroe Ward, Richmond, VA: higher priced homes
- Church Hill, Richmond, VA: higher priced homes
- VCU, Richmond, VA: higher priced homes
- Bellemeade, Richmond, VA: less expensive homes
- Reedy Creek, Richmond, VA: higher priced homes
- Carver-Richmond, Richmond, VA: less expensive homes
- Fulton, Montrose Heights, VA: equally priced homes
- The Fan, Richmond, VA: higher priced homes
Neighborhoods with Similar Populations
- Young-Lilly, Springfield, MO: less expensive homes
- West Central, Springfield, MO: less expensive homes
- Birmingham, Toledo, OH: less expensive homes
- Beulah Heights, Pueblo, CO: less expensive homes
- Bethune Grant, Daytona Beach, FL: less expensive homes
- Berkeley Hills, Emporia, KS: less expensive homes
- Benjamin Hills, Wichita, KS: less expensive homes
- Beacon Park, Meadow Woods, FL: higher priced homes
- Barths, Wheat Ridge, CO: higher priced homes
- Barcroft, Arlington, VA: higher priced homes
All Local Stats
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