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These days, finding an affordable place to live in the Renan area can be challenging. Home prices in Renan are now at a median cost of $173,007, lower than the Virginia average of $443,089.
The average cost of rent is $733/mo in Renan, primarily driven by the current value of real estate in the Renan area. In Renan, 10.16% of households rent, and 63.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Renan is $3,589 per month. Households that rent pay about 20.42% of their income on rent here. Renan’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Airy, VA: less expensive homes
- Straightstone, VA: equally priced homes
- Greenfield, VA: less expensive homes
- Hermosa, VA: less expensive homes
- Level Run, VA: less expensive homes
- Long Island, VA: equally priced homes
- Riceville, VA: less expensive homes
- Gretna, VA: less expensive homes
- Stovall, VA: less expensive homes
- Hurt, VA: less expensive homes
Cities with Similar Populations
- Quinn, SD: equally priced homes
- Orbit, VA: higher priced homes
- Orchard Valley, WY: higher priced homes
- Port Sheldon, MI: higher priced homes
- Portertown, NJ: higher priced homes
- Post Creek, NY: less expensive homes
- Potlatch, WA: higher priced homes
- Potter Brook, PA: less expensive homes
- Prairie Home, NE: higher priced homes
- Prairie, IL: equally priced homes
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