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These days, finding an affordable place to live in the South Boston area can be challenging. Home prices in South Boston are now at a median cost of $164,720, lower than the Virginia average of $443,089.
The average cost of rent is $873/mo in South Boston, primarily driven by the current value of real estate in the South Boston area. In South Boston, 38.17% of households rent, and 57.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Boston is $3,994 per month. Households that rent pay about 21.86% of their income on rent here. South Boston’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hyco, VA: less expensive homes
- Halifax, VA: equally priced homes
- Cluster Springs, VA: less expensive homes
- Danripple, VA: less expensive homes
- Piney Grove, VA: less expensive homes
- Denniston, VA: less expensive homes
- Scottsburg, VA: less expensive homes
- Virgilina, VA: equally priced homes
- Paces, VA: less expensive homes
- White Oak, VA: equally priced homes
Cities with Similar Populations
- Tyrone, PA: equally priced homes
- Dudley, MA: higher priced homes
- Duson, LA: higher priced homes
- Duvall, WA: higher priced homes
- Temple Hills, MD: higher priced homes
- Tillamook, OR: higher priced homes
- Toney, AL: higher priced homes
- Totowa, NJ: higher priced homes
- Trenton, FL: higher priced homes
- Troutman, NC: higher priced homes
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