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Affordable
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These days, finding an affordable place to live in the The Ridge area can be challenging. Home prices in The Ridge are now at a median cost of $176,502, lower than the Virginia average of $443,089.
The average cost of rent is $950/mo in The Ridge, primarily driven by the current value of real estate in the The Ridge area. In The Ridge, 15.17% of households rent, and 45.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in The Ridge is $5,388 per month. Households that rent pay about 17.64% of their income on rent here. The Ridge’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Baskerville, VA: equally priced homes
- Finchley, VA: less expensive homes
- Boydton, VA: higher priced homes
- Norvello, VA: less expensive homes
- Cusco Willa, VA: equally priced homes
- Scotts Crossroad, VA: equally priced homes
- North View, VA: higher priced homes
- Union Level, VA: less expensive homes
- Redlawn, VA: less expensive homes
- Chase City, VA: less expensive homes
Cities with Similar Populations
- Tatesville, PA: higher priced homes
- Creeksville, NC: less expensive homes
- Cromona, KY: less expensive homes
- Cross Keys, SC: less expensive homes
- Curry, LA: less expensive homes
- Curtis, NY: less expensive homes
- Swisshome, OR: higher priced homes
- Symerton, IL: higher priced homes
- Talley, TN: higher priced homes
- Tampico, IN: higher priced homes
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