Most Affordable Places to Live in Virginia: From the pristine barrier islands of Chincoteague and Assateague, the abundant Shenandoah National Park to the fascinating Luray Caverns, Virginia boasts many natural attractions. The stunning state offers a host of outdoor recreational activities for those who love an active lifestyle.
But more than that, it is known for its rich history.
Home to numerous former presidents, Civil War battlefields, and sites of the Revolution, the state is a treasure trove for history buffs.
You’ll find many historic buildings here with exquisite 18th-century architecture.
From delving into its rich history, and exploring its sprawling vineyards to hiking on Mount Vernon and soaking up the sun at Virginia Beach, there are endless activities to enjoy here.
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It’s no wonder the slogan “Virginia is for lovers” rings true. Whatever you love doing for leisure, you can find it here.
Enjoying all these offerings won’t break the bank.
Wondering which would be the perfect pocket-friendly place to call home in this vibrant state?
Let’s help you narrow down your choices with our list of the most affordable places to live in Virginia: –
Looking for a vibrant youthful city?
Roanoke may be a perfect choice.
Known as “The Star City of the South”, the bustling place is home to numerous colleges and universities and a sizeable student population.
Love an active lifestyle?
Nestled amidst the Blue Ridge mountains, the city offers a host of outdoor recreational activities such as mountain biking, camping, and hiking.
You’ll also find plenty of art galleries, museums, shopping, and sports venues. The city is known for its abundant recreational activities. Couple that with numerous excellent schools and a low unemployment rate.
The median home price here is $250K which is significantly less than the state average.
This scenic city is located in the state’s geographical centre, enabling easy access to other regions.
Perched amidst the majestic Blue Ridge Mountains, it is also known as “the city of seven hills”.
From hiking the Appalachian Trail, and boating on Smith Mountain Lake to skiing at Wintergreen Resort, there are endless opportunities for outdoor adventure.
It has a vibrant arts and culture scene.
It features various cultural attractions including the Lynchburg Symphony Orchestra, the Renaissance Theatre, and the Academy of Fine Arts, and hosts numerous local events.
With the median home price being around $259K, it is an affordable choice.
You can also find rental options well below the national average.
Newport News #3
Have always dreamt of beachside living?
Head to Newport News.
This picturesque city in Virginia Beach comes with a host of attractive offerings.
From enjoying a plethora of beachside activities, and appreciating artworks at the Peninsula Fine Arts Center to soaking in some history at the Mariners’ Museum and Park, there is something here for everyone.
There is also a strong military presence, plenty of parks, and decent schools here.
The median home price here is around $265K which makes it a great choice for the budget-conscious.
Located in Southwest Virginia, Covington is a charming city known for its thriving paper industry.
Its robust economy is also supported by industries such as retail trade and healthcare.
The city offers a host of recreational activities with easy access to many attractions such as Falling Springs, Humpback Bridge, Jackson River Scenic Trail, and Lake Moomaw.
The nightlife scene here is not as exciting as in many other cities but if you’re looking for a tranquil vibe, this is the place to be.
The median home price here is around $132.7K, which is almost half the state average.
Whether you’re a foodie or a beach lover, this coastal city won’t disappoint. It has a vibrant culinary scene with numerous restaurants serving diverse cuisines.
The city also has a rich shipbuilding history and is home to various historical sites such as the Old Towne Historic District, and attractions like the Naval Shipyard Museum.
Looking for some outdoor recreation?
The 142-acre Hoffler Creek Wildlife Preserve offers plenty of options. The median home price here is around $235.9K. Considering the offerings, it is well worth the splurge.
Like any big city, certain neighbourhoods are safer than others so keep that in mind while choosing a location here.
Love spending time amidst nature?
Pulaski may be a perfect choice.
Nestled in the scenic Blue Ridge Mountains, this town is surrounded by stunning hills and sprawling pastures.
From golfing, and kayaking to fishing and tubing, there is a host of outdoor recreational activities to enjoy here. It is also home to the beautiful Claytor lake.
The town exudes a serene rural vibe, a perfect escape from the hustle and bustle of city life. The median home price here is around $169.9K, which makes it a pocket-friendly choice.
Located close to the North Carolina Border, Galax is a charming town that features lush natural beauty.
Also known as the “Gateway to the Blue Ridge Mountains”, it offers plenty of outdoor recreational activities.
From attending a lively event at the Blue Ridge Music Centre, playing golf at Hardy’s Custom Golf to buying fresh produce from Galax Farmers’ Market, and catching a performance at the Rex Theatre, there is something here for everyone.
The median home price here is $198K, making it one of the most affordable places to live in Virginia.
Looking for a small-town vibe?
Suffolk won’t disappoint.
Located in the south-eastern part of the state, Suffolk features a lively entertainment scene.
The town features sprawling golf courses, fascinating museums, and the Suffolk Center for Cultural Arts.
If you love being outdoors, the town is also home to the Great Dismal Swamp Wildlife Refuge and numerous sparkling lakes that offer a host of outdoor recreation activities.
Buying a home here may not come as cheap as some other places on the list but you can find rental options below the national average.
The high median household income also adds to its desirability.
Located on the Virginia-Tennessee border, Bristol offers the perfect combination of a small-town vibe with easy access to big-city amenities.
The city is also known as the “Birthplace of Country Music” and is home to a vibrant Downtown with numerous live music venues, bars, and restaurants.
You’ll also find numerous popular attractions such as The Paramount Center for the Arts and The Birthplace of Country Music Museum.
Being located amidst the majestic Appalachian Mountains and in proximity to South Holston Lake, there is no dearth of outdoor recreational activities to indulge in here.
You can enjoy all these offerings without breaking the bank since the median home price here is around $219.8K.
So, pick the one that ticks off all the boxes on your checklist and get ready to call this incredible state home.
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Q. Is Virginia a cheap state to live in?
The cost of living in Virginia is only 1% higher than the national average which makes it quite affordable as compared to many other states in the country.
Q. What is the least expensive county in Virginia?
Buchanan County is the least expensive county in Virginia.
Q. Where are the cheapest houses in Virginia?
Covington, Pulaski, and Martinsville have some of the cheapest real estate options in Virginia.