The Most Affordable Neighborhoods in Short Pump, VA by Home Value

 

Short Pump, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Short Pump area can be challenging. Home prices in Short Pump are now at a median cost of $472,555, higher than the Virginia average of $323,261.

The average cost of rent is $1,781/mo in Short Pump, primarily driven by the current value of real estate in the Short Pump area. While nearly 31.09% of residents own their homes outright in Short Pump, 26.21% rent.

Housing affordability isn’t just about home prices, though. The average household income in Short Pump is $11,645 per month. Households that rent pay about 15.29% of their income on rent here. Short Pump's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.


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