The Most Affordable Neighborhoods in Prince Edward County, VA by Home Value

 

Prince Edward County, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Prince Edward County area can be challenging. Home prices in Prince Edward County are now at a median cost of $220,550, lower than the Virginia average of $443,089.

The average cost of rent is $1,067/mo in Prince Edward County, primarily driven by the current value of real estate in the Prince Edward County area. In Prince Edward County, 41.97% of households rent, and 43.62% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Prince Edward County is $4,373 per month. Households that rent pay about 24.39% of their income on rent here. Prince Edward County’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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