The Most Affordable Neighborhoods in Staunton City, VA by Home Value

 

Staunton City, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Staunton City area can be challenging. Home prices in Staunton City are now at a median cost of $268,557, lower than the Virginia average of $443,089.

The average cost of rent is $1,005/mo in Staunton City, primarily driven by the current value of real estate in the Staunton City area. In Staunton City, 39.12% of households rent, and 32.42% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Staunton City is $5,863 per month. Households that rent pay about 17.15% of their income on rent here. Staunton City’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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