Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Timberlake area can be challenging. Home prices in Timberlake are now at a median cost of $192,554, lower than the Virginia average of $323,261.
The average cost of rent is $954/mo in Timberlake, primarily driven by the current value of real estate in the Timberlake area. While nearly 40.65% of residents own their homes outright in Timberlake, 38.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Timberlake is $5,207 per month. Households that rent pay about 18.33% of their income on rent here. Timberlake's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Forest, VA: higher priced homes
- Evington, VA: equally priced homes
- Lynchburg, VA: equally priced homes
- Goode, VA: higher priced homes
- Rustburg, VA: less expensive homes
- Otter Hill, VA: higher priced homes
- East Brook, VA: equally priced homes
- Lowry, VA: less expensive homes
- Charlemont, VA: higher priced homes
- Coleman Falls, VA: higher priced homes
Cities with Similar Populations
- Woodbury, CT: higher priced homes
- Keyser, WV: less expensive homes
- Kingstree, SC: less expensive homes
- Kinnelon, NJ: higher priced homes
- Wytheville, VA: less expensive homes
- Woodstock, MD: higher priced homes
- Woods Cross, UT: higher priced homes
- Woodmoor, CO: higher priced homes
- Woodmere, LA: less expensive homes
- Keokuk, IA: less expensive homes
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