The Most Affordable Neighborhoods in Queens Lake, VA by Home Value

 

Queens Lake, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Queens Lake area can be challenging. Home prices in Queens Lake are now at a median cost of $337,900, lower than the Virginia average of $443,089.

The average cost of rent is $1,477/mo in Queens Lake, primarily driven by the current value of real estate in the Queens Lake area. In Queens Lake, 39.68% of households rent, and 29.33% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Queens Lake is $6,490 per month. Households that rent pay about 22.76% of their income on rent here. Queens Lake’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.

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


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