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Affordable
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These days, finding an affordable place to live in the Sherando area can be challenging. Home prices in Sherando are now at a median cost of $378,900, lower than the Virginia average of $443,089.
The average cost of rent is $885/mo in Sherando, primarily driven by the current value of real estate in the Sherando area. In Sherando, 11.49% of households rent, and 36.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherando is $9,304 per month. Households that rent pay about 9.51% of their income on rent here. Sherando’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rivermont, VA: less expensive homes
- Lyndhurst, VA: less expensive homes
- Stuarts Draft, VA: less expensive homes
- Wintergreen, VA: less expensive homes
- Nellysford, VA: higher priced homes
- Avon, VA: less expensive homes
- White Hill, VA: equally priced homes
- Wilda, VA: less expensive homes
- Greenville, VA: less expensive homes
- Tyro, VA: less expensive homes
Cities with Similar Populations
- Ashley Heights, NC: less expensive homes
- Troy Center, PA: less expensive homes
- Tolosa, TX: less expensive homes
- Bartley, NE: less expensive homes
- Barren Plain, TN: equally priced homes
- Tookland, VA: less expensive homes
- Toolville, CA: higher priced homes
- Topinabee, MI: less expensive homes
- Tower City, ND: less expensive homes
- Attoway, VA: less expensive homes
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