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These days, finding an affordable place to live in the Radford City area can be challenging. Home prices in Radford City are now at a median cost of $251,154, lower than the Virginia average of $443,089.
The average cost of rent is $992/mo in Radford City, primarily driven by the current value of real estate in the Radford City area. In Radford City, 57.71% of households rent, and 47.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Radford City is $5,558 per month. Households that rent pay about 17.85% of their income on rent here. Radford City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Pulaski County, VA: less expensive homes
- Montgomery County, VA: higher priced homes
- Bland County, VA: less expensive homes
- Salem City, VA: equally priced homes
- Roanoke County, VA: higher priced homes
- Roanoke City, VA: less expensive homes
- Franklin County, VA: higher priced homes
- Tazewell County, VA: less expensive homes
- Campbell County, VA: less expensive homes
- Buchanan County, VA: less expensive homes
Counties with Similar Populations
- Warren County, IN: less expensive homes
- Camp County, TX: less expensive homes
- Candler County, GA: less expensive homes
- Cannon County, TN: equally priced homes
- Carbon County, MT: higher priced homes
- Carbon County, UT: equally priced homes
- Carbon County, WY: equally priced homes
- Caribou County, ID: equally priced homes
- Carroll County, IA: less expensive homes
- Upshur County, WV: less expensive homes
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