The Most Affordable Neighborhoods in Prince George, VA by Home Value

 

Prince George, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Prince George area can be challenging. Home prices in Prince George are now at a median cost of $217,286, lower than the Virginia average of $323,261.

The average cost of rent is $1,080/mo in Prince George, primarily driven by the current value of real estate in the Prince George area. While nearly 36.84% of residents own their homes outright in Prince George, 27.54% rent.

Housing affordability isn’t just about home prices, though. The average household income in Prince George is $6,529 per month. Households that rent pay about 16.54% of their income on rent here. Prince George's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.


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