The Most Affordable Neighborhoods in Rappahannock Academy, VA by Home Value

 

Rappahannock Academy, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rappahannock Academy area can be challenging. Home prices in Rappahannock Academy are now at a median cost of $269,851, lower than the Virginia average of $323,261.

The average cost of rent is $1,112/mo in Rappahannock Academy, primarily driven by the current value of real estate in the Rappahannock Academy area. While nearly 32.88% of residents own their homes outright in Rappahannock Academy, 21.88% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rappahannock Academy is $8,197 per month. Households that rent pay about 13.56% of their income on rent here. Rappahannock Academy's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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