The Most Affordable Neighborhoods in Williamson Road, Roanoke, VA by Home Value

 

Williamson Road, Roanoke, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Williamson Road area can be challenging. Home prices in Williamson Road are now at a median cost of $109,693, lower than the Roanoke average of $195,414.

The average cost of rent is $725/mo in Williamson Road, primarily driven by the current value of real estate in the Williamson Road area. While nearly 32.60% of residents own their homes outright in Williamson Road, 46.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in Williamson Road is $3,215 per month. Households that rent pay about 22.55% of their income on rent here. Williamson Road's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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