Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the The Museum District area can be challenging. Home prices in The Museum District are now at a median cost of $421,343, higher than the Richmond average of $280,760.
The average cost of rent is $1,262/mo in The Museum District, primarily driven by the current value of real estate in the The Museum District area. While nearly 30.91% of residents own their homes outright in The Museum District, 65.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in The Museum District is $6,139 per month. Households that rent pay about 20.55% of their income on rent here. The Museum District's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- The Fan, Richmond, VA: higher priced homes
- Carver-Richmond, Richmond, VA: less expensive homes
- VCU, Richmond, VA: less expensive homes
- Monroe Ward, Richmond, VA: less expensive homes
- Bellevue, Richmond, VA: less expensive homes
- Ginter Park, Richmond, VA: equally priced homes
- Three Chopt, Richmond, VA: higher priced homes
- Stratford Hills, Richmond, VA: less expensive homes
- Reedy Creek, Richmond, VA: less expensive homes
- Old Town Manchester, Richmond, VA: less expensive homes
Neighborhoods with Similar Populations
- West End, Alameda, CA: higher priced homes
- Bakersfield Country Club, Bakersfield, CA: less expensive homes
- Central Oak Park, St. Petersburg, FL: less expensive homes
- Monte Flores, San Juan, PR: less expensive homes
- Olde Whitehall, Charlotte, NC: less expensive homes
- Old Seward-Oceanview, Anchorage, AK: less expensive homes
- Old River Terrace, Channelview, TX: less expensive homes
- Oak Hill, Newton Center, MA: higher priced homes
- North Valley, Syracuse, NY: less expensive homes
- North Towne, Toledo, OH: less expensive homes
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