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Most Affordable in Virginia

Top 100 cities ranked by most affordable

Most Affordable — Virginia

1 Covington $80,200
2 Martinsville $92,500
3 Richlands $107,300
4 Danville $110,200
5 Collinsville $123,500
6 Galax $126,800
7 Emporia $131,100
8 Pulaski $152,800
9 Buena Vista $153,500
10 South Boston $157,300
11 Petersburg $157,900
12 Marion $160,600
13 Bluefield $161,100
14 Hopewell $165,100
15 Bristol $168,700
16 Big Stone Gap $169,900
17 Montrose $170,000
18 Vinton $179,400
19 Roanoke $180,500
20 Madison Heights $181,300
21 Ettrick $184,400
22 Bellwood $192,600
23 Bedford $192,600
24 Wytheville $193,000
25 Bensley $199,100
26 Sandston $201,800
27 Highland Springs $206,300
28 East Highland Park $210,500
29 Radford $211,700
30 Lynchburg $211,800
31 Abingdon $217,700
32 Farmville $223,700
33 Franklin $227,200
34 Hollins $227,900
35 Timberlake $228,200
36 Portsmouth $229,400
37 Colonial Heights $231,700
38 Hampton $234,100
39 Waynesboro $236,600
40 Staunton $239,300
41 Christiansburg $242,900
42 Newport News $243,300
43 Fort Belvoir $244,400
44 Salem $244,800
45 Strasburg $247,300
46 Woodstock $248,300
47 Stuarts Draft $260,700
48 Meadowbrook $262,600
49 Lakeside $271,400
50 Norfolk $271,900
51 Laurel $272,300
52 Ashland $272,600
53 Dumbarton $274,700
54 Lexington $275,300
55 Harrisonburg $278,200
56 Front Royal $284,900
57 Gloucester Point $286,500
58 Manchester $286,900
59 Lake Monticello $288,300
60 Chester $290,600
61 Cave Spring $296,700
62 Dumfries $303,700
64 Rockwood $312,500
65 Forest $319,100
66 Fishersville $322,700
67 Mechanicsville $323,600
68 Winchester $325,900
69 Richmond $328,100
70 Bon Air $329,200
71 Suffolk $329,600
72 Seven Corners $334,600
73 Glen Allen $338,000
74 Brandermill $349,300
75 Smithfield $358,100
76 Chesapeake $359,100
77 Bealeton $361,600
78 Virginia Beach $366,300
79 Culpeper $366,300
81 Woodlake $371,900
82 Bridgewater $372,400
83 Lake of the Woods $377,500
85 Manassas Park $381,200
86 Midlothian $381,600
87 Carrollton $381,900
88 Williamsburg $393,200
89 Woodbridge $395,400
90 Bailey's Crossroads $398,200
91 Dale City $400,100
92 Poquoson $403,000
93 Hollymead $413,700
94 Sudley $417,100
95 Blacksburg $417,200
97 Falmouth $422,500
98 Warrenton $423,500
99 Yorkshire $424,100
100 Manassas $434,700

The most affordable housing markets in Virginia offer opportunities for homeownership at a fraction of the cost of major metros. Covington has a median home value of just $80,200.

Affordable housing markets often feature lower costs of living overall, making them attractive to retirees, remote workers, and families building wealth through homeownership. Many of these cities offer solid community amenities despite their lower price points.

While low home values make homeownership accessible, they may also reflect limited job markets or slower economic growth. The rise of remote work has created new opportunities for these communities to attract residents who can earn higher salaries from distant employers.

Did You Know?

  • 1. In Covington, the median home costs just $80,200 — less than a new luxury car.
  • 2. Affordable housing markets have seen increased interest since the rise of remote work, as buyers can earn higher salaries from anywhere.
  • 3. Many of the most affordable cities are in the South and Midwest, where land costs and construction expenses are lower.

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