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These days, finding an affordable place to live in the Rochelle area can be challenging. Home prices in Rochelle are now at a median cost of $350,189, lower than the Virginia average of $443,089.
The average cost of rent is $1,128/mo in Rochelle, primarily driven by the current value of real estate in the Rochelle area. In Rochelle, 26.15% of households rent, and 45.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rochelle is $7,230 per month. Households that rent pay about 15.60% of their income on rent here. Rochelle’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Uno, VA: less expensive homes
- Pratts, VA: equally priced homes
- Hood, VA: equally priced homes
- Radiant, VA: equally priced homes
- Aroda, VA: equally priced homes
- Madison, VA: equally priced homes
- Somerset, VA: higher priced homes
- Shelby, VA: equally priced homes
- Wolftown, VA: equally priced homes
- Barboursville, VA: higher priced homes
Cities with Similar Populations
- Somers Lane, PA: less expensive homes
- Ivanhoe, TX: less expensive homes
- Jamestown, CO: higher priced homes
- Jerry City, OH: less expensive homes
- Jewett, IL: less expensive homes
- Johnsontown, WV: less expensive homes
- Joiner, AR: less expensive homes
- Jonancy, KY: less expensive homes
- Kickapoo, IL: equally priced homes
- Lutsen, MN: higher priced homes
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