The Most Affordable Neighborhoods in Wares Crossroads, VA by Home Value

 

Wares Crossroads, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wares Crossroads area can be challenging. Home prices in Wares Crossroads are now at a median cost of $287,108, lower than the Virginia average of $443,089.

The average cost of rent is $1,411/mo in Wares Crossroads, primarily driven by the current value of real estate in the Wares Crossroads area. In Wares Crossroads, 7.47% of households rent, and 33.41% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wares Crossroads is $7,853 per month. Households that rent pay about 17.96% of their income on rent here. Wares Crossroads’s most expensive areas are in the central 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.


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