The Most Affordable Neighborhoods in Rapps Mill, VA by Home Value

 

Rapps Mill, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rapps Mill area can be challenging. Home prices in Rapps Mill are now at a median cost of $234,626, lower than the Virginia average of $443,089.

The average cost of rent is $671/mo in Rapps Mill, primarily driven by the current value of real estate in the Rapps Mill area. In Rapps Mill, 15.28% of households rent, and 59.57% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Rapps Mill is $5,319 per month. Households that rent pay about 12.62% of their income on rent here. Rapps Mill’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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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