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These days, finding an affordable place to live in the Winchester area can be challenging. Home prices in Winchester are now at a median cost of $347,071, lower than the Virginia average of $443,089.
The average cost of rent is $1,629/mo in Winchester, primarily driven by the current value of real estate in the Winchester area. In Winchester, 35.43% of households rent, and 38.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Winchester is $7,670 per month. Households that rent pay about 21.24% of their income on rent here. Winchester’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kernstown, VA: higher priced homes
- Stephenson, VA: higher priced homes
- Stephens City, VA: higher priced homes
- Brucetown, VA: higher priced homes
- Hayfield, VA: higher priced homes
- Clear Brook, VA: higher priced homes
- Wadesville, VA: higher priced homes
- White Post, VA: higher priced homes
- Millwood, VA: higher priced homes
- Vaucluse, VA: equally priced homes
Cities with Similar Populations
- Sutherland, MO: less expensive homes
- Surprise, AZ: higher priced homes
- Santa Rosa, CA: higher priced homes
- San Ramon, CA: higher priced homes
- Salisbury, NC: less expensive homes
- Shutesbury, MA: equally priced homes
- San Jose, CA: higher priced homes
- Salisbury, MD: less expensive homes
- San Tan Valley, AZ: higher priced homes
- Schaumburg, IL: equally priced homes
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