Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $304,888, lower than the Virginia average of $323,261.
The average cost of rent is $1,418/mo in Troy, primarily driven by the current value of real estate in the Troy area. While nearly 35.95% of residents own their homes outright in Troy, 13.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $7,226 per month. Households that rent pay about 19.63% of their income on rent here. Troy's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Zion, VA: higher priced homes
- Lake Monticello, VA: less expensive homes
- Keswick, VA: higher priced homes
- Zion Crossroads, VA: higher priced homes
- Thelma, VA: less expensive homes
- Palmyra, VA: less expensive homes
- Wildwood, VA: less expensive homes
- Cobham, VA: higher priced homes
- Cunningham, VA: equally priced homes
- Wilmington, VA: less expensive homes
Cities with Similar Populations
- Mascot, TN: less expensive homes
- Moonachie, NJ: higher priced homes
- Montgomery, MN: less expensive homes
- Montezuma, GA: less expensive homes
- Mertztown, PA: less expensive homes
- Meadowbrook, CA: higher priced homes
- McConnelsville, OH: less expensive homes
- McConnellsburg, PA: less expensive homes
- Mccleary, WA: less expensive homes
- McArthur, OH: less expensive homes
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