The Most Affordable Neighborhoods in Sherando, VA by Home Value

 

Sherando, VA Map of Most Affordable Neighborhoods
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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 $268,000, lower than the Virginia average of $323,261.

The average cost of rent is $749/mo in Sherando, primarily driven by the current value of real estate in the Sherando area. While nearly 34.65% of residents own their homes outright in Sherando, 21.91% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sherando is $7,961 per month. Households that rent pay about 9.41% 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.


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