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These days, finding an affordable place to live in the Port Royal area can be challenging. Home prices in Port Royal are now at a median cost of $348,630, lower than the Virginia average of $443,089.
The average cost of rent is $1,000/mo in Port Royal, primarily driven by the current value of real estate in the Port Royal area. In Port Royal, 30.69% of households rent, and 27.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Port Royal is $9,602 per month. Households that rent pay about 10.41% of their income on rent here. Port Royal’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Welcome, VA: higher priced homes
- Office Hall, VA: higher priced homes
- Shiloh, VA: higher priced homes
- Kidds Fork, VA: equally priced homes
- Rappahannock Academy, VA: higher priced homes
- Loretto, VA: less expensive homes
- Occupacia, VA: less expensive homes
- Leedstown, VA: less expensive homes
- Jones Corner, VA: less expensive homes
- King George, VA: higher priced homes
Cities with Similar Populations
- Agate, ND: less expensive homes
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- Twin Oaks, OK: less expensive homes
- Baldwin, IL: less expensive homes
- Baggs, WY: less expensive homes
- Arvonia, VA: less expensive homes
- Arbon Valley, ID: less expensive homes
- Allgood, AL: less expensive homes
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