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Affordable
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These days, finding an affordable place to live in the Rectortown area can be challenging. Home prices in Rectortown are now at a median cost of $1,673,964, higher than the Virginia average of $443,089.
The average cost of rent is $1,246/mo in Rectortown, primarily driven by the current value of real estate in the Rectortown area. In Rectortown, 35.61% of households rent, and 42.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rectortown is $14,229 per month. Households that rent pay about 8.76% of their income on rent here. Rectortown’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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