Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Three Chopt area can be challenging. Home prices in Three Chopt are now at a median cost of $692,042, higher than the Richmond average of $362,143.
The average cost of rent is $1,409/mo in Three Chopt, primarily driven by the current value of real estate in the Three Chopt area. In Three Chopt, 17.49% of households rent, and 34.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Three Chopt is $11,860 per month. Households that rent pay about 11.88% of their income on rent here. Three Chopt’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Stratford Hills, Richmond, VA: less expensive homes
- The Museum District, Richmond, VA: less expensive homes
- Bellevue, Richmond, VA: less expensive homes
- The Fan, Richmond, VA: equally priced homes
- Grayson Hill, Tuckahoe, VA: equally priced homes
- Ginter Park, Richmond, VA: less expensive homes
- Jahnke, Richmond, VA: less expensive homes
- Carver-Richmond, Richmond, VA: less expensive homes
- VCU, Richmond, VA: less expensive homes
- Monroe Ward, Richmond, VA: less expensive homes
Neighborhoods with Similar Populations
- Greendale Village, Needham, MA: higher priced homes
- Bellemeade, Richmond, VA: less expensive homes
- Woodland Edge, Little Rock, AR: less expensive homes
- Vale and Eastern Avenue, Schenectady, NY: less expensive homes
- Urbanizacion Rivieras de Cupey, San Juan, PR: less expensive homes
- Tice, Fort Myers, FL: less expensive homes
- Tech Terrace-U.N.I.T., Lubbock, TX: less expensive homes
- Swansboro, Richmond, VA: less expensive homes
- Southchase Village, Southchase, FL: less expensive homes
- South Walker, Oklahoma City, OK: less expensive homes
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