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These days, finding an affordable place to live in the Riceville area can be challenging. Home prices in Riceville are now at a median cost of $154,057, lower than the Virginia average of $443,089.
The average cost of rent is $832/mo in Riceville, primarily driven by the current value of real estate in the Riceville area. In Riceville, 26.88% of households rent, and 64.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riceville is $4,552 per month. Households that rent pay about 18.28% of their income on rent here. Riceville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Java, VA: equally priced homes
- Mount Airy, VA: equally priced homes
- Hermosa, VA: equally priced homes
- Leda, VA: higher priced homes
- Rodden, VA: higher priced homes
- Pickaway, VA: equally priced homes
- Renan, VA: higher priced homes
- Shockoe, VA: equally priced homes
- Greenfield, VA: equally priced homes
- Vernon Hill, VA: equally priced homes
Cities with Similar Populations
- New Columbia, IL: higher priced homes
- New Philadelphia, IL: less expensive homes
- New Oberlin, OK: less expensive homes
- New Market, NC: higher priced homes
- New Lisbon, NY: higher priced homes
- New Liberty, IL: less expensive homes
- New Lands, NC: higher priced homes
- New Hartford, MO: higher priced homes
- New Court Village, MO: less expensive homes
- New Pine Creek, CA: higher priced homes
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