Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Phenix area can be challenging. Home prices in Phenix are now at a median cost of $131,021, lower than the Virginia average of $323,261.
The average cost of rent is $873/mo in Phenix, primarily driven by the current value of real estate in the Phenix area. While nearly 64.79% of residents own their homes outright in Phenix, 17.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Phenix is $4,943 per month. Households that rent pay about 17.66% of their income on rent here. Phenix's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Rough Creek, VA: higher priced homes
- Wren, VA: equally priced homes
- Womacks, VA: higher priced homes
- Brookneal, VA: equally priced homes
- Red House, VA: higher priced homes
- Hat Creek, VA: less expensive homes
- Cullen, VA: equally priced homes
- Providence, VA: equally priced homes
- Charlotte Court House, VA: higher priced homes
- Randolph, VA: less expensive homes
Cities with Similar Populations
- Dana, IN: less expensive homes
- Elton, PA: higher priced homes
- Elmer, LA: higher priced homes
- Duncan, NE: higher priced homes
- Douglassville, TX: less expensive homes
- Dorchester Estates, SC: higher priced homes
- Dingess, WV: less expensive homes
- Deer Park, WI: higher priced homes
- Deepwater, MO: less expensive homes
- Dearborn, MO: higher priced homes
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