
Home Price Key
These days, finding an affordable place to live in the Thornburg area can be challenging. Home prices in Thornburg are now at a median cost of $333,952, higher than the Virginia average of $323,261.
The average cost of rent is $1,315/mo in Thornburg, primarily driven by the current value of real estate in the Thornburg area. While nearly 30.41% of residents own their homes outright in Thornburg, 19.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Thornburg is $7,379 per month. Households that rent pay about 17.83% of their income on rent here. Thornburg's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
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