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These days, finding an affordable place to live in the Star Tannery area can be challenging. Home prices in Star Tannery are now at a median cost of $428,926, lower than the Virginia average of $443,089.
The average cost of rent is $1,486/mo in Star Tannery, primarily driven by the current value of real estate in the Star Tannery area. In Star Tannery, 3.10% of households rent, and 31.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Star Tannery is $8,781 per month. Households that rent pay about 16.93% of their income on rent here. Star Tannery’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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