Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Russell area can be challenging. Home prices in Russell are now at a median cost of $70,103, lower than the Virginia average of $323,261.
The average cost of rent is $586/mo in Russell, primarily driven by the current value of real estate in the Russell area. While nearly 79.88% of residents own their homes outright in Russell, 28.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Russell is $3,094 per month. Households that rent pay about 18.95% of their income on rent here. Russell's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Venia, VA: equally priced homes
- Skeggs, VA: higher priced homes
- Rowe, VA: higher priced homes
- Council, VA: equally priced homes
- Lynn Spring, VA: equally priced homes
- Page, VA: equally priced homes
- Mount Heron, VA: equally priced homes
- Vandyke, VA: higher priced homes
- Corn Valley, VA: higher priced homes
- Davenport, VA: equally priced homes
Cities with Similar Populations
- West Bend, NC: higher priced homes
- Eckley, CO: higher priced homes
- Edwardsville, IN: higher priced homes
- Eldorado, OK: equally priced homes
- Ellenburg, NY: higher priced homes
- Ellery, IL: higher priced homes
- Elmaton, TX: higher priced homes
- Elrosa, MN: higher priced homes
- Farmers, KY: higher priced homes
- Farmers Mills, NY: higher priced homes
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