The Most Affordable Neighborhoods in Sunbeam, VA by Home Value

 

Sunbeam, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sunbeam area can be challenging. Home prices in Sunbeam are now at a median cost of $173,800, lower than the Virginia average of $323,261.

The average cost of rent is $825/mo in Sunbeam, primarily driven by the current value of real estate in the Sunbeam area. While nearly 43.41% of residents own their homes outright in Sunbeam, 21.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sunbeam is $5,354 per month. Households that rent pay about 15.41% of their income on rent here. Sunbeam's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.


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