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Affordable
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These days, finding an affordable place to live in the Pico area can be challenging. Home prices in Pico are now at a median cost of $268,170, lower than the Virginia average of $443,089.
The average cost of rent is $891/mo in Pico, primarily driven by the current value of real estate in the Pico area. In Pico, 10.43% of households rent, and 38.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pico is $5,672 per month. Households that rent pay about 15.70% of their income on rent here. Pico’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Buchanan, VA: less expensive homes
- Lithia, VA: higher priced homes
- Springwood, VA: higher priced homes
- Montvale, VA: equally priced homes
- Reba, VA: less expensive homes
- Nace, VA: equally priced homes
- Fincastle, VA: higher priced homes
- Thaxton, VA: less expensive homes
- Blue Ridge, VA: equally priced homes
- Otterville, VA: less expensive homes
Cities with Similar Populations
- Gunder, IA: less expensive homes
- Tendal, LA: less expensive homes
- Taylortown, LA: less expensive homes
- Taylors Store, NC: less expensive homes
- Tamarack, MN: equally priced homes
- Talmage, NE: less expensive homes
- Table Rock, PA: less expensive homes
- Syringa, ID: higher priced homes
- Sylvia, KS: less expensive homes
- Sweet Springs, WV: less expensive homes
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