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Affordable
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These days, finding an affordable place to live in the Troutville area can be challenging. Home prices in Troutville are now at a median cost of $355,360, lower than the Virginia average of $443,089.
The average cost of rent is $1,230/mo in Troutville, primarily driven by the current value of real estate in the Troutville area. In Troutville, 18.20% of households rent, and 50.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Troutville is $7,402 per month. Households that rent pay about 16.61% of their income on rent here. Troutville’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Daleville, VA: equally priced homes
- Cloverdale, VA: equally priced homes
- Laymantown, VA: less expensive homes
- Nace, VA: less expensive homes
- Fincastle, VA: less expensive homes
- Haymakertown, VA: less expensive homes
- Blue Ridge, VA: less expensive homes
- Hollins, VA: less expensive homes
- Lithia, VA: equally priced homes
- Flatwoods, VA: less expensive homes
Cities with Similar Populations
- New Middletown, OH: less expensive homes
- Pelahatchie, MS: less expensive homes
- Pekin, IN: less expensive homes
- Palmyra, VA: less expensive homes
- Palmhurst, TX: equally priced homes
- Otterbein, OH: equally priced homes
- Ore City, TX: less expensive homes
- Northfield, MA: equally priced homes
- North Liberty, IN: less expensive homes
- North Bend, OH: less expensive homes
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