The Most Affordable Neighborhoods in Simpsons, VA by Home Value

 

Simpsons, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Simpsons area can be challenging. Home prices in Simpsons are now at a median cost of $166,149, lower than the Virginia average of $323,261.

The average cost of rent is $779/mo in Simpsons, primarily driven by the current value of real estate in the Simpsons area. While nearly 49.92% of residents own their homes outright in Simpsons, 17.31% rent.

Housing affordability isn’t just about home prices, though. The average household income in Simpsons is $4,343 per month. Households that rent pay about 17.94% of their income on rent here. Simpsons's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.


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