One of many authentic 13 colonies, Virginia has a wealthy historical past from the Jamestown settlement and residing historical past museums like Colonial Williamsburg, to the picturesque Blue Ridge Mountains and the seaside cities alongside the coast. If you happen to’re contemplating residing someplace in Virginia then chances are high you even have a funds you’re hoping to remain beneath in your house or condominium search. In relation to shopping for a house in Virginia the median residence sale value is $443,800.
Don’t fear if that value doesn’t slot in your funds – we’ve obtained choices that can assist you discover a residence or condominium that does. Redfin has rounded up a listing of the 11 most reasonably priced locations to reside in Virginia – and so they all have a median residence sale value beneath $443,800. From Hampton to Richmond, let’s bounce in and see what cities are on the checklist.
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#1: Roanoke
Median residence value: $220,000Average sale value per sq. foot: $136 Common lease for a 1-bedroom condominium: $906 Median family revenue: $45,664 Nearest main metro: Greensboro, NC (100 miles)Roanoke, VA properties for saleRoanoke, VA flats for lease
With a median residence sale value of $220,000, Roanoke is available in at primary on our checklist of most reasonably priced locations to reside in Virginia. There are about 100,000 residents residing on this mid-sized metropolis. If you happen to’re contemplating shifting to Roanoke make sure that to cease by the Mill Mountain Star on the high of Mill Mountain Park, discover downtown Roanoke, or go to museums like Taubman Museum of Artwork or Virginia Museum of Transportation.
#2: Lynchburg
Median residence value: $257,000Average sale value per sq. foot: $186Average lease for a 1-bedroom condominium: $894 Median family revenue: $59,380 Nearest main metro: Roanoke (50 miles)Lynchburg, VA properties for saleLynchburg, VA flats for lease
Solely barely costlier than Roanoke is Lynchburg, the following metropolis on our checklist. With roughly 79,000 residents in Lynchburg, make sure that to go to Riverside Park alongside the James River and discover the Percival’s Island Pure Space should you’re seeking to spend a while exterior. It’s also possible to try downtown Lynchburg and the close by Diamond Hill Historic District and Federal Hill Historic District.
#3: Portsmouth
Median residence value: $265,000Average sale value per sq. foot: $177Average lease for a 1-bedroom condominium: $1,399Median family revenue: $53,213 Nearest main metro: Norfolk (3 miles)Portsmouth, VA properties for salePortsmouth, VA flats for lease
About 97,900 folks reside in Portsmouth. The median residence sale value is $265,000 which is about $180K lower than the median residence sale value in Virginia. If you end up shifting to the second most reasonably priced metropolis in Virginia, spend a night exterior watching a live performance at Atlantic Union Financial institution Pavilion and have a meal at a waterfront restaurant. Make sure that to take a look at the charming Olde Towne Historic District or uncover the reveals at Portsmouth Naval Shipyard Museum.
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#4: Hampton
Median residence value: $266,500Average sale value per sq. foot: $186 Common lease for a 1-bedroom condominium: $1,518 Median family revenue: $59,380 Nearest main metro: Norfolk (10 miles)Hampton, VA properties for saleHampton, VA flats for lease
Coming in because the fourth greatest reasonably priced metropolis to reside in Virginia is Hampton, a part of the Hampton Roads Metropolitan space. When residing on this metropolis of 137,100 folks, you possibly can take a tour of one of many many museums just like the Virginia Air and Area Middle, go to the historic Fort Monroe Nationwide Monument, or have a seaside day at Buckroe Seaside.
#5: Newport Information
#6: Harrisonburg
Median residence value: $295,000Average sale value per sq. foot: $207Average lease for a 1-bedroom condominium: $1,200Median family revenue: $49,117 Nearest main metro: Charlottesville (55 miles)Harrisonburg, VA properties for saleHarrisonburg, VA flats for lease
One other well-known metropolis is Harrisonburg, the place you’ll discover the house costs are about $150K lower than the state’s common. With roughly 51,800 folks calling Harrisonburg residence, it’s an ideal space to contemplate renting or shopping for a house this 12 months. Whether or not you discover the greenery and flowers at Edith J. Provider Arboretum and Botanical Gardens, try Hillandale Park, or go to downtown Harrisonburg the place you’ll discover Saturday Harrisonburg Farmers Market, there are numerous cool issues to do and see on this metropolis.
#7: Norfolk
Median residence value: $310,000Average sale value per sq. foot: $211 Common lease for a 1-bedroom condominium: $1,418Median family revenue: $60,998Norfolk, VA properties for saleNorfolk, VA flats for lease
Residence to about 230,900, Norfolk is a well-liked metropolis to contemplate calling residence. Its location alongside the Chesapeake Bay means there are nice views of the waterfront. Town is most well-known for the Naval Station Norfolk, however there’s a lot to discover within the space. For instance, you possibly can tour the Chrysler Museum of Artwork and Hermitage Museum & Gardens, try the reveals at Virginia Zoo, discover downtown Norfolk the place you will discover live performance venues, historic properties, and loads of hidden gems. Don’t miss out on visiting First Touchdown State Park, the place you’ll discover the Cape Henry Lighthouse, First Touchdown Seaside, and loads of climbing trails.
#8: Chesapeake
Median residence value: $365,000Average sale value per sq. foot: $213Average lease for a 1-bedroom condominium: $1,327Median family revenue: $92,703Chesapeake, VA properties for saleChesapeake, VA flats for lease
Situated simply south of Norfolk is Chesapeake, residence to about 253,800 residents. The house costs in Chesapeake are about 80K lower than the state’s common so that you’ll nonetheless be saving loads. Because the second-most populous metropolis in Virginia, there’s loads to discover in Chesapeake. For instance, you possibly can benefit from the outside at one of many many inexperienced areas like Nice Dismal Swamp Nationwide Wildlife Refuge, Cavalier Wildlife Administration Space, or Northwest River Park. It’s also possible to try town’s hidden gems like Mount Nice Farms, Oak Grove Lake Park, and the Chesapeake Arboretum.
#9: Richmond
Median residence value: $386,750Average sale value per sq. foot: $252Average lease for a 1-bedroom condominium: $1,514 Median family revenue: $51,421 Richmond, VA properties for saleRichmond, VA flats for lease
Ninth on our checklist of most reasonably priced locations to reside in Virginia is Richmond. Practically 226,600 residents name this reasonably priced metropolis residence. You should definitely go to the historic websites, neighborhoods, and museums just like the Maymont mansion, the American Civil Warfare Museum, and Byrd Park Courtroom Historic District. It’s also possible to try Belle Isle, cease by the Virginia State Capitol constructing, and see a live performance at The Nationwide as soon as residing in Richmond.
>> Learn: Fashionable Richmond, VA, Neighborhoods to Reside in
#10: Suffolk
Median residence value: $387,505 Common sale value per sq. foot: $196Average lease for a 1-bedroom condominium: $1,560Median family revenue: $81,883 Nearest main metro: Norfolk (20 miles)Suffolk, VA properties for saleSuffolk, VA flats for lease
The tenth most reasonably priced place to reside in Virginia is Suffolk. With a inhabitants of practically 94,300, residing in Suffolk is a good choice for these on the lookout for a mid-sized metropolis to reside in. Don’t miss out on taking a ship out on the water or strolling by way of Bennett’s Creek Park, having fun with the river views at Sleepy Gap Park, or trying out the artwork galleries, eating places, and museums within the coronary heart of Suffolk.
#11: Virginia Seaside
Median residence value: $399,950Average sale value per sq. foot: $231 Common lease for a 1-bedroom condominium: $1,637Median family revenue: $87,544Virginia Seaside, VA properties for saleVirginia Seaside, VA flats for lease
The eleventh and ultimate metropolis on our checklist is none apart from Virginia Seaside. With about 453,600 residents, this makes Virginia Seaside the state’s most populous space. Virginia Seaside has loads of waterfront actions akin to having fun with the Virginia Seaside Oceanfront, fishing on the iconic Virginia Seaside Fishing Pier, visiting Neptune’s Park, or climbing by way of First Touchdown State Park. Don’t miss out on visiting museums just like the Virginia Aquarium & Marine Science Middle, sampling the native eating places and cafes within the ViBe Inventive District, or stopping by the quaint Hunt Membership Farm.
>> Learn: Fashionable Virginia Seaside, VA, Neighborhoods to Reside in
Methodology: All cities will need to have over 50,000 residents per the US Census and have a median residence sale value beneath the common median residence sale value in Virginia. Median residence sale value and median sale value per sq. foot from the Redfin Knowledge Middle throughout April 2025. Common rental information from Lease.com April 2025. Inhabitants and median family revenue information sourced from the US Census Bureau.
