Affordable
Expensive
Expensive
Colorblind friendly
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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 $498,134, higher than the Richmond average of $362,143.
The average cost of rent is $1,436/mo in Shockoe Bottom, primarily driven by the current value of real estate in the Shockoe Bottom area. In Shockoe Bottom, 92.07% of households rent, and 26.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shockoe Bottom is $5,178 per month. Households that rent pay about 27.73% of their income on rent here. Shockoe Bottom’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Church Hill, Richmond, VA: less expensive homes
- Old Town Manchester, Richmond, VA: less expensive homes
- Monroe Ward, Richmond, VA: equally priced 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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