The Most Affordable Neighborhoods in Springville, VA by Home Value

 

Springville, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Springville area can be challenging. Home prices in Springville are now at a median cost of $115,013, lower than the Virginia average of $323,261.

The average cost of rent is $787/mo in Springville, primarily driven by the current value of real estate in the Springville area. While nearly 66.01% of residents own their homes outright in Springville, 21.44% rent.

Housing affordability isn’t just about home prices, though. The average household income in Springville is $3,758 per month. Households that rent pay about 20.94% of their income on rent here. Springville's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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