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These days, finding an affordable place to live in the Verona area can be challenging. Home prices in Verona are now at a median cost of $267,470, lower than the Virginia average of $443,089.
The average cost of rent is $1,066/mo in Verona, primarily driven by the current value of real estate in the Verona area. In Verona, 19.94% of households rent, and 43.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Verona is $7,030 per month. Households that rent pay about 15.17% of their income on rent here. Verona’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fort Defiance, VA: higher priced homes
- Mount Sidney, VA: higher priced homes
- Knightly, VA: higher priced homes
- Franks Mill, VA: higher priced homes
- Staunton, VA: equally priced homes
- New Hope, VA: higher priced homes
- Brand, VA: higher priced homes
- Spring Hill, VA: higher priced homes
- Roman, VA: higher priced homes
- Fishersville, VA: higher priced homes
Cities with Similar Populations
- Winfield, WV: equally priced homes
- Wilsonville, AL: higher priced homes
- Kinder, LA: less expensive homes
- Kimberly, AL: higher priced homes
- Kimberling City, MO: equally priced homes
- Winamac, IN: less expensive homes
- Windcrest, TX: equally priced homes
- Kilauea, HI: higher priced homes
- Kewaunee, WI: less expensive homes
- Kettle Falls, WA: higher priced homes
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