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These days, finding an affordable place to live in the Rockwood area can be challenging. Home prices in Rockwood are now at a median cost of $359,525, lower than the Virginia average of $443,089.
The average cost of rent is $1,930/mo in Rockwood, primarily driven by the current value of real estate in the Rockwood area. In Rockwood, 22.99% of households rent, and 32.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rockwood is $9,096 per month. Households that rent pay about 21.22% of their income on rent here. Rockwood’s most expensive areas are in the southeastern 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
- Manchester, VA: less expensive homes
- Bon Air, VA: equally priced homes
- Midlothian, VA: higher priced homes
- Brandermill, VA: equally priced homes
- Chesterfield, VA: higher priced homes
- Meadowbrook, VA: less expensive homes
- Winterpock, VA: equally priced homes
- Deerfield Estates, VA: less expensive homes
- Woodlake, VA: equally priced homes
- Bensley, VA: less expensive homes
Cities with Similar Populations
- Rhinebeck, NY: higher priced homes
- Monona, WI: higher priced homes
- Monroeville, AL: less expensive homes
- Monrovia, MD: higher priced homes
- Montecito, CA: higher priced homes
- Monticello, FL: less expensive homes
- Morgan, UT: higher priced homes
- Mountain View, HI: less expensive homes
- Mountainside, NJ: higher priced homes
- Pryor, OK: less expensive homes
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