Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Suffolk City area can be challenging. Home prices in Suffolk City are now at a median cost of $282,430, lower than the Virginia average of $323,261.
The average cost of rent is $1,432/mo in Suffolk City, primarily driven by the current value of real estate in the Suffolk City area. While nearly 26.05% of residents own their homes outright in Suffolk City, 28.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Suffolk City is $7,634 per month. Households that rent pay about 18.76% of their income on rent here. Suffolk City's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the county.
Nearby Counties
- Portsmouth City, VA: less expensive homes
- Chesapeake City, VA: equally priced homes
- Norfolk City, VA: less expensive homes
- Franklin City, VA: less expensive homes
- Virginia Beach City, VA: higher priced homes
- Southampton County, VA: less expensive homes
- Greensville County, VA: less expensive homes
- Emporia City, VA: less expensive homes
- Brunswick County, VA: less expensive homes
- Mecklenburg County, VA: less expensive homes
Counties with Similar Populations
- Grant County, WA: less expensive homes
- Dubuque County, IA: less expensive homes
- Elmore County, AL: less expensive homes
- Etowah County, AL: less expensive homes
- Fairbanks North Star Borough, AK: less expensive homes
- Floyd County, GA: less expensive homes
- Fond du Lac County, WI: less expensive homes
- Franklin County, WA: less expensive homes
- Frederick County, VA: equally priced homes
- Garland County, AR: less expensive homes
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