Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Preston Park area can be challenging. Home prices in Preston Park are now at a median cost of $142,745, lower than the Roanoke average of $195,414.
The average cost of rent is $924/mo in Preston Park, primarily driven by the current value of real estate in the Preston Park area. While nearly 40.17% of residents own their homes outright in Preston Park, 43.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Preston Park is $4,626 per month. Households that rent pay about 19.98% of their income on rent here. Preston Park's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Roundhill, Roanoke, VA: less expensive homes
- Williamson Road, Roanoke, VA: less expensive homes
- Melrose-Rugby, Roanoke, VA: less expensive homes
- Belmont, Roanoke, VA: less expensive homes
- Raleigh Court, Roanoke, VA: higher priced homes
- South Roanoke, Roanoke, VA: higher priced homes
- Colonial Avenue Area, Roanoke, VA: higher priced homes
- Kabrich Crescent, Blacksburg, VA: higher priced homes
- Hethwood-Prices Fork, Blacksburg, VA: higher priced homes
- Bedford Hills, Lynchburg, VA: higher priced homes
Neighborhoods with Similar Populations
- Houston Farms, Houston, TX: higher priced homes
- Traditions, Aurora, CO: higher priced homes
- Tijeras Arroyo, Albuquerque, NM: higher priced homes
- Surrey Lane, Bergenfield, NJ: higher priced homes
- Strawberry Hill, Cambridge, MA: higher priced homes
- La Cresta-Alta Vista, Bakersfield, CA: higher priced homes
- Knollwood, Kalamazoo, MI: equally priced homes
- Keeling, Tucson, AZ: less expensive homes
- Iroquois, Louisville, KY: less expensive homes
- University, Buffalo, NY: equally priced homes
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