The Most Affordable Neighborhoods in Russell County, VA by Home Value

These days, finding an affordable place to live in the Russell County area can be challenging. Home prices in Russell County are now at a median cost of $131,321, lower than the Virginia average of $443,089.

The average cost of rent is $738/mo in Russell County, primarily driven by the current value of real estate in the Russell County area. In Russell County, 23.69% of households rent, and 62.83% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Russell County is $4,391 per month. Households that rent pay about 16.81% of their income on rent here. Russell County’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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