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Affordable
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These days, finding an affordable place to live in the Oreton area can be challenging. Home prices in Oreton are now at a median cost of $128,700, lower than the Virginia average of $443,089.
The average cost of rent is $714/mo in Oreton, primarily driven by the current value of real estate in the Oreton area. In Oreton, 27.44% of households rent, and 48.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oreton is $3,955 per month. Households that rent pay about 18.06% of their income on rent here. Oreton’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Irondale, VA: higher priced homes
- Jasper, VA: higher priced homes
- Big Stone Gap, VA: higher priced homes
- Lower Exeter, VA: less expensive homes
- Verdi, VA: less expensive homes
- Exeter, VA: less expensive homes
- Rawhide, VA: less expensive homes
- Tito, VA: higher priced homes
- Cracker Neck, VA: less expensive homes
- Appalachia, VA: less expensive homes
Cities with Similar Populations
- Zenith, KS: equally priced homes
- Youngstown, IL: equally priced homes
- Young Place, NM: higher priced homes
- Ashby, VA: higher priced homes
- Purdy, WI: higher priced homes
- Racy, WV: less expensive homes
- Quidnet, MA: higher priced homes
- Quick, WV: less expensive homes
- Queens, WV: higher priced homes
- Queen, NM: higher priced homes
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