The Most Affordable Neighborhoods in Roosevelt Gardens Area, Norfolk, VA by Home Value

 

Roosevelt Gardens Area, Norfolk, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Roosevelt Gardens Area area can be challenging. Home prices in Roosevelt Gardens Area are now at a median cost of $207,712, lower than the Norfolk average of $234,953.

The average cost of rent is $1,306/mo in Roosevelt Gardens Area, primarily driven by the current value of real estate in the Roosevelt Gardens Area area. While nearly 33.28% of residents own their homes outright in Roosevelt Gardens Area, 22.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in Roosevelt Gardens Area is $6,277 per month. Households that rent pay about 20.81% of their income on rent here. Roosevelt Gardens Area's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.


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