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These days, finding an affordable place to live in the Virginia area can be challenging. Home prices in Virginia are now at a median cost of $126,152, lower than the Illinois average of $300,242.
The average cost of rent is $725/mo in Virginia, primarily driven by the current value of real estate in the Virginia area. In Virginia, 25.04% of households rent, and 44.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Virginia is $6,105 per month. Households that rent pay about 11.87% of their income on rent here. Virginia’s most expensive areas are in the northwestern 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
- Philadelphia, IL: less expensive homes
- Bluff Springs, IL: higher priced homes
- Literberry, IL: higher priced homes
- Chandlerville, IL: less expensive homes
- Snicarte, IL: less expensive homes
- Arenzville, IL: higher priced homes
- Yatesville, IL: higher priced homes
- Ashland, IL: equally priced homes
- Sinclair, IL: higher priced homes
- Beardstown, IL: less expensive homes
Cities with Similar Populations
- Woodville, AL: higher priced homes
- Willisburg, KY: higher priced homes
- Barker, NY: higher priced homes
- Berry Hill, TN: higher priced homes
- Black River, NY: higher priced homes
- Cameron, WV: less expensive homes
- Turtle Lake, WI: higher priced homes
- Salt Lick, KY: higher priced homes
- Alger, MI: higher priced homes
- Potts Camp, MS: less expensive homes
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