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These days, finding an affordable place to live in the Radford area can be challenging. Home prices in Radford are now at a median cost of $254,388, lower than the Virginia average of $443,089.
The average cost of rent is $993/mo in Radford, primarily driven by the current value of real estate in the Radford area. In Radford, 49.87% of households rent, and 46.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Radford is $5,854 per month. Households that rent pay about 16.96% of their income on rent here. Radford’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fairlawn, VA: higher priced homes
- Pepper, VA: equally priced homes
- New River, VA: less expensive homes
- Belspring, VA: equally priced homes
- Vicker, VA: higher priced homes
- Highland, VA: less expensive homes
- Childress, VA: higher priced homes
- Dublin, VA: less expensive homes
- Whitethorne, VA: higher priced homes
- Graysontown, VA: less expensive homes
Cities with Similar Populations
- Clinton, NC: less expensive homes
- Valencia West, AZ: higher priced homes
- Vail, AZ: higher priced homes
- Tarzana, CA: higher priced homes
- Swartz Creek, MI: less expensive homes
- Fairwood, WA: higher priced homes
- Dixon, IL: less expensive homes
- Dixon, CA: higher priced homes
- Copiague, NY: higher priced homes
- Connersville, IN: less expensive homes
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