Home Realestate 10 Most Affordable Richmond Suburbs

10 Most Affordable Richmond Suburbs

by Enochadmin

Richmond, VA, one in every of America’s oldest main cities, is a superb vacation spot for these seeking to dwell within the Mid-Atlantic area. With a wealthy historical past, numerous museums to discover, and loads of outside actions, it’s no marvel Richmond can be residence to almost 235,000 individuals. As you begin your own home search, there are three key factors to bear in mind – the housing market may be very aggressive, the median residence sale worth is $310,000, and the common lease worth for a 2-bedroom house in Richmond is $1,735.

Don’t fear if these numbers don’t slot in your finances – we’ve acquired choices that can assist you discover a place that does. We’ve gathered a listing of the ten most reasonably priced Richmond suburbs to think about residing in. And the perfect half is that they’re all lower than 35 minutes away from town heart. That approach you possibly can dwell near Richmond and all its superior actions with out paying the premium worth for a house there.

view o downtown richmond virginia skyline and waterfront area

#1: Bensley

Median residence worth: $193,000
Driving distance from Richmond: quarter-hour
Bensley, VA properties on the market
Bensley, VA residences for lease

With a median residence sale worth almost $120K lower than Richmond, Bensley is probably the most reasonably priced Richmond suburb on our record. About 6,000 individuals dwell on this suburban space and also you’ll solely be about quarter-hour away from downtown Richmond. Dwelling in Bensley, you possibly can spend time exploring Bensley Park or try Falling Creek Ironworks Park and the close by Bridge at Falling Creek.

#2: Hopewell

Median residence worth: $199,000
Driving distance from Richmond: 25 minutes
Hopewell, VA properties on the market
Hopewell, VA residences for lease

Hopewell takes second place on our record. A couple of 25-minute drive away from downtown Richmond, you’ll be touring the Virginia Museum of Fine Arts very quickly. Residence to Previous Metropolis Level Waterfront Park the place you possibly can see the confluence of the James and Appomattox Rivers, and the Hopewell Riverwalk, there’s lots to do on this Richmond suburb. 

#3: Ettrick

Median residence worth: $201,500
Driving distance from Richmond: half-hour
Ettrick, VA properties on the market
Ettrick, VA residences for lease

Simply half-hour away from Richmond, you’ll discover the suburb of Ettrick. Even with a inhabitants of about 5,000, there are many distinctive spots to go to in Ettrick. Make certain to go to Ettrick Park or discover the Virginia State College campus when you transfer to the third most reasonably priced suburb. 

#4: Petersburg

Median residence worth: $220,000
Driving distance from Richmond: 25 minutes
Petersburg, VA properties on the market
Petersburg, VA residences for lease

Solely barely costlier than Ettrick is Petersburg, the following suburb on our record. About 32,000 individuals dwell on this Richmond suburb, the place you’ll discover Lee Memorial Park, Centre Hill Mansion, and plenty of different historic buildings and landmarks. Don’t miss testing the Pocahontas Island Black Historical past Museum. 

homes in richmond suburbs with front porches and colorful exteriors

#5: Matoaca

Median residence worth: $225,000
Driving distance from Richmond: 35 minutes
Matoaca, VA properties on the market
Matoaca, VA residences for lease

Drive 35 minutes south of Richmond and also you’ll discover the suburb of Matoaca, one other nice space so as to add to your record. Residence to 2,500 residents, this reasonably priced city could be a nice selection for individuals seeking to stay near Richmond with out paying the value for a house within the metropolis. In Matoaca, you’ll discover Appomattox Riverside Park and have quick access to all of the points of interest all through town of Richmond. 

#6: Sandston

Median residence worth: $230,000
Driving distance from Richmond: quarter-hour
Sandston, VA properties on the market
Sandston, VA residences for lease

A recognizable Richmond suburb is Sandston, the place the median residence sale worth is about $80K lower than in Richmond. With nearly 7,000 individuals residing in Sandston, it’s a fantastic suburb to think about transferring to. Whether or not you spend the day at Sandston Memorial Recreation Heart or seize a espresso at a neighborhood café, there are lots of actions to do and see on this suburb. 

#7: East Highland Park

Median residence worth: $235,000
Driving distance from Richmond: 10 minutes
East Highland Park, VA properties on the market
East Highland Park, VA residences for lease

Seventh on our record of reasonably priced Richmond suburbs is East Highland Park, which is about 10 minutes away from the center of town. With a inhabitants of roughly 15,500, residing in East Highland Park is a superb different to Richmond’s hustle and bustle. Don’t miss out on visiting Chickahominy Bluff and exploring the Highland Park Plaza Historic District as soon as transferring right here.

view of a clocktower in richmond with dark clouds behind it

#8: Enon

Median residence worth: $250,000
Driving distance from Richmond: 25 minutes
Enon, VA properties on the market
Enon, VA residences for lease

When you’ve been residing in Richmond for a while, you would possibly know the suburb of Enon. Roughly 4,500 residents name Enon residence, so that you’ll have a fraction of Richmond’s inhabitants whereas remaining near town and its points of interest. Make certain to go to the R. Garland Dodd Park at Level of Rocks the place you’ll discover a number of strolling trails and picnic areas. 

#9: Colonial Heights

Median residence worth: $252,500
Driving distance from Richmond: 25 minutes
Colonial Heights, VA properties on the market
Colonial Heights, VA residences for lease

Colonial Heights is a superb place to think about transferring to that may get you entry to downtown Richmond in nearly 25 minutes. Nearly 17,000 individuals dwell on this suburb, however there’s loads of actions to do in Colonial Heights. Enjoyable issues to do in Colonial Heights embody exploring Keystone Antique Truck & Tractor Museum or spending the day at White Financial institution Park.

#10: Prince George

Median residence worth: $303,250
Driving distance from Richmond: 35 minutes
Prince George, VA properties on the market
Prince George, VA residences for lease

Claiming the tenth and ultimate spot on our record of reasonably priced Richmond suburbs is Prince George. With out visitors, you’ll end up in Richmond in roughly 35 minutes. This suburb has a inhabitants of 1,800 and is residence to Scott Memorial Park, The Prince George County Regional Heritage Center, and Tree Time Adventures. There’s lots to do on a day or weekend whereas residing on this charming city.

Methodology:

Affordability relies on whether or not a suburb is lower than the median sale worth of Richmond and beneath a 35-minute drive from downtown Richmond. Median residence sale worth information from the Redfin Information Heart throughout April 2022. Common rental information from Rent.com Might 2022. Inhabitants information sourced from United States Census Bureau.

Extra Richmond Articles

Most Aggressive Neighborhoods in Richmond to Purchase a Home

Source link

Related Articles

Leave a Comment