The Most Affordable Neighborhoods in Plum Tree, VA by Home Value

 

Plum Tree, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Plum Tree area can be challenging. Home prices in Plum Tree are now at a median cost of $376,407, higher than the Virginia average of $323,261.

The average cost of rent is $1,193/mo in Plum Tree, primarily driven by the current value of real estate in the Plum Tree area. While nearly 32.86% of residents own their homes outright in Plum Tree, 12.13% rent.

Housing affordability isn’t just about home prices, though. The average household income in Plum Tree is $8,947 per month. Households that rent pay about 13.34% of their income on rent here. Plum Tree's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.


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