Expensive
Affordable
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These days, finding an affordable place to live in the Patterson area can be challenging. Home prices in Patterson are now at a median cost of $126,545, lower than the Virginia average of $443,089.
The average cost of rent is $968/mo in Patterson, primarily driven by the current value of real estate in the Patterson area. In Patterson, 24.98% of households rent, and 87.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patterson is $2,591 per month. Households that rent pay about 37.36% of their income on rent here. Patterson’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Roth, VA: less expensive homes
- Slate, VA: less expensive homes
- Stacy, VA: less expensive homes
- Pilgrims Knob, VA: less expensive homes
- Harman, VA: higher priced homes
- Oakwood, VA: less expensive homes
- Janey, VA: less expensive homes
- Whitewood, VA: less expensive homes
- Weller, VA: higher priced homes
- Grundy, VA: higher priced homes
Cities with Similar Populations
- Sobol, OK: higher priced homes
- Kerr City, FL: less expensive homes
- Kiel, MO: higher priced homes
- Kildare Junction, TX: equally priced homes
- Kingston, AR: higher priced homes
- Kingtown, AR: less expensive homes
- Kirby, MT: equally priced homes
- Knob Fork, WV: less expensive homes
- Shorewood-Tower Hills-Harbert, MI: higher priced homes
- Smithville, WV: less expensive homes
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