Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ridgeway area can be challenging. Home prices in Ridgeway are now at a median cost of $113,002, lower than the Virginia average of $323,261.
The average cost of rent is $634/mo in Ridgeway, primarily driven by the current value of real estate in the Ridgeway area. While nearly 51.45% of residents own their homes outright in Ridgeway, 24.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgeway is $4,207 per month. Households that rent pay about 15.07% of their income on rent here. Ridgeway's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Chestnut Knob, VA: equally priced homes
- Horse Pasture, VA: less expensive homes
- Irisburg, VA: less expensive homes
- Koehler, VA: less expensive homes
- Martinsville, VA: less expensive homes
- Spencer, VA: equally priced homes
- Preston, VA: less expensive homes
- Stoneville, NC: higher priced homes
- Eden, NC: equally priced homes
- Axton, VA: equally priced homes
Cities with Similar Populations
- Northumberland, PA: higher priced homes
- Old Forge, PA: higher priced homes
- Odessa, MO: higher priced homes
- Oakdale, LA: less expensive homes
- Oakdale, CT: higher priced homes
- Oak Island, NC: higher priced homes
- Oak Harbor, OH: higher priced homes
- Oak Grove, MN: higher priced homes
- Notre Dame, IN: equally priced homes
- Northwood, OH: higher priced homes
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