Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shockoe Bottom area can be challenging. Home prices in Shockoe Bottom are now at a median cost of $430,482, higher than the Richmond average of $280,760.
The average cost of rent is $1,328/mo in Shockoe Bottom, primarily driven by the current value of real estate in the Shockoe Bottom area. While nearly 41.30% of residents own their homes outright in Shockoe Bottom, 92.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shockoe Bottom is $6,670 per month. Households that rent pay about 19.91% of their income on rent here. Shockoe Bottom's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Church Hill, Richmond, VA: less expensive homes
- Old Town Manchester, Richmond, VA: less expensive homes
- Monroe Ward, Richmond, VA: less expensive homes
- Creighton, Richmond, VA: less expensive homes
- Fulton, Montrose Heights, VA: less expensive homes
- VCU, Richmond, VA: less expensive homes
- Carver-Richmond, Richmond, VA: less expensive homes
- Bellemeade, Richmond, VA: less expensive homes
- Swansboro, Richmond, VA: less expensive homes
- The Fan, Richmond, VA: higher priced homes
Neighborhoods with Similar Populations
- Bayshore, Miami Beach, FL: higher priced homes
- Woodbine, Sacramento, CA: less expensive homes
- Abbot, Ann Arbor, MI: less expensive homes
- Brandywine, Oklahoma City, OK: less expensive homes
- Boltons Landing, Charleston, SC: less expensive homes
- Beulah Heights, Pueblo, CO: less expensive homes
- Belview Heights, Birmingham, AL: less expensive homes
- Bel Aire, Wheat Ridge, CO: higher priced homes
- Barrio Campanilla, Toa Baja, PR: less expensive homes
- Barcroft, Arlington, VA: higher priced homes
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