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These days, finding an affordable place to live in the Piedmont area can be challenging. Home prices in Piedmont are now at a median cost of $271,195, lower than the Virginia average of $443,089.
The average cost of rent is $1,055/mo in Piedmont, primarily driven by the current value of real estate in the Piedmont area. In Piedmont, 13.84% of households rent, and 49.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Piedmont is $7,302 per month. Households that rent pay about 14.45% of their income on rent here. Piedmont’s most expensive areas are in the northern 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
- Grottoes, VA: equally priced homes
- Crimora, VA: less expensive homes
- New Hope, VA: higher priced homes
- Knightly, VA: higher priced homes
- Fort Defiance, VA: higher priced homes
- Madrid, VA: equally priced homes
- Weyers Cave, VA: higher priced homes
- Port Republic, VA: higher priced homes
- Greenwood, VA: higher priced homes
- Mount Sidney, VA: higher priced homes
Cities with Similar Populations
- Towne Oaks, IL: equally priced homes
- Dennis, NC: less expensive homes
- Diamondville, WY: less expensive homes
- Dixonville, OR: higher priced homes
- Douglas, NE: less expensive homes
- Du Pont, GA: less expensive homes
- Todd, PA: less expensive homes
- Todds Mill, IL: less expensive homes
- Topaz, CA: higher priced homes
- Topeka, MS: less expensive homes
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