Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Williamsburg area can be challenging. Home prices in Williamsburg are now at a median cost of $373,001, higher than the Virginia average of $323,261.
The average cost of rent is $1,478/mo in Williamsburg, primarily driven by the current value of real estate in the Williamsburg area. While nearly 31.72% of residents own their homes outright in Williamsburg, 24.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Williamsburg is $8,048 per month. Households that rent pay about 18.36% of their income on rent here. Williamsburg's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Skipwith Farms, VA: equally priced homes
- Centerville, VA: higher priced homes
- Lightfoot, VA: less expensive homes
- Jamestown, VA: higher priced homes
- Queens Lake, VA: less expensive homes
- Lackey, VA: less expensive homes
- Clay Bank, VA: less expensive homes
- Rustic, VA: less expensive homes
- Surry, VA: less expensive homes
- Wicomico, VA: less expensive homes
Cities with Similar Populations
- Auburn, WA: equally priced homes
- Macomb, MI: less expensive homes
- Kennesaw, GA: less expensive homes
- Johnson City, TN: less expensive homes
- Jacksonville, NC: less expensive homes
- Jackson, MI: less expensive homes
- Holland, MI: less expensive homes
- Greenwood, IN: less expensive homes
- Fort Smith, AR: less expensive homes
- Fishers, IN: less expensive homes
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