Ranked from ACS 2023 5-Year
Cheapest Counties to Own a Home in Virginia
Where the full monthly cost of owning the local median home is lowest. Every figure includes tax, insurance, utilities and maintenance, not just the mortgage.
Virginia ranked
| # | County | Monthly to own | Median home | Effective rate |
|---|---|---|---|---|
| 1 | Covington city | $778 | $80,200 | 0.784% |
| 2 | Buchanan County | $829 | $91,400 | 0.442% |
| 3 | Martinsville city | $864 | $92,500 | 0.806% |
| 4 | Lee County | $889 | $98,700 | 0.594% |
| 5 | Dickenson County | $897 | $101,100 | 0.498% |
| 6 | Norton city | $918 | $100,700 | 0.782% |
| 7 | Danville city | $974 | $110,200 | 0.674% |
| 8 | Wise County | $1,006 | $116,500 | 0.565% |
| 9 | Tazewell County | $1,008 | $116,100 | 0.618% |
| 10 | Russell County | $1,024 | $119,600 | 0.538% |
| 11 | Henry County | $1,025 | $120,300 | 0.502% |
| 12 | Scott County | $1,056 | $122,300 | 0.675% |
| 13 | Alleghany County | $1,071 | $122,300 | 0.827% |
| 14 | Smyth County | $1,073 | $125,800 | 0.609% |
| 15 | Galax city | $1,095 | $126,800 | 0.759% |
| 16 | Brunswick County | $1,112 | $132,700 | 0.541% |
| 17 | Grayson County | $1,118 | $132,300 | 0.620% |
| 18 | Emporia city | $1,124 | $131,100 | 0.755% |
| 19 | Charlotte County | $1,184 | $144,000 | 0.513% |
| 20 | Lunenburg County | $1,184 | $145,500 | 0.436% |
| 21 | Giles County | $1,194 | $143,500 | 0.632% |
| 22 | Carroll County | $1,195 | $144,200 | 0.597% |
| 23 | Patrick County | $1,209 | $146,500 | 0.581% |
| 24 | Halifax County | $1,213 | $148,900 | 0.490% |
| 25 | Pittsylvania County | $1,254 | $153,000 | 0.593% |
Every figure is modelled on the county's own median home with 20% down at 6.66%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Cheapest Counties to Own a Home across all 3,133 US counties · Every county in Virginia