Cheapest Places to Live in Virginia

Virginia, often referred to as the “Birthplace of America,” offers numerous affordable living options for residents. If you’re seeking affordable areas in the state, this guide to the nine cheapest places to live in Virginia will provide valuable insights.

9 Cheapest Places to Live in Virginia

9. Hopewell

Situated on Virginia’s east coast, Hopewell stands out as an affordable place to reside. Its strategic location at the junction of the James and Appomattox Rivers has ensured its historical significance throughout Virginia’s rich past

. The local real estate market showcases a variety of century-old homes, each exuding distinctive character and allure. Although many of these houses have undergone renovations, they still maintain their antique charm, making them an ideal choice for those seeking to own genuinely historic residences. With average home prices around $195k, Hopewell manages to retain its charm while remaining affordable.

8. Danville

Located along Virginia’s southern border, Danville is an affordable city that offers a wealth of historical significance. Renowned for its antique architecture, it appeals to those who appreciate a rich historical atmosphere.

In addition to its historical charm, Danville boasts a range of family-friendly amenities, including local restaurants, ice cream shops, historical landmarks, museums, and scenic walking trails along the riverside.

With average home prices around $168k, Danville presents an enticing option for those seeking a peaceful and budget-friendly community.

7. Bristol

Situated on the Virginia-Tennessee border, Bristol stands out as the most affordable city in the region and holds the distinction of being the “Birthplace of Country Music.”

Its residents savor a charming small-town ambiance while benefiting from easy access to a range of urban amenities including restaurants, breweries, cafes, and local shops. Nature enthusiasts will also appreciate the proximity to natural attractions like Steele Creek Park and the breathtaking Blue Ridge Mountains.

With average home prices at $166k, Bristol offers an enticing blend of affordability and diverse offerings, making it an ideal choice for those seeking a well-rounded living experience.

6. Galax

Galax, a budget-friendly area located near the North Carolina border, is affectionately known as the “Gateway to the Blue Ridge Mountains.” Renowned for its stunning hillside vistas, Galax offers some of the most breathtaking views in the region.

As autumn arrives, the city transforms into a particularly enchanting destination, although its charming downtown area remains vibrant year-round. Residents can explore a variety of shopping and dining options in the city center.

The Rex Theater, Galax Farmers Market, and Old Cranks Motorcar Museum are among the local attractions that add to the city’s appeal. With average home prices around $157k, Galax captures both beauty and affordability in one enticing package.

5 Cheapest Places to Live in Virginia

5. Pulaski

Pulaski stands as one of the most affordable places to live in Virginia. Nestled in the scenic Blue Ridge Mountains, this rural city offers breathtaking mountain views at an affordable price.

The surrounding area captivates with its gently rolling hills, picturesque pastures, and magnificent mountain sunrises. Residents of this charming town can indulge in a plethora of outdoor activities, including golfing, tubing, kayaking, and fishing. With average home prices around $149k, Pulaski provides an affordable haven for those seeking a secluded retreat to connect with nature.

4. Covington

Covington, apart from being one of the most affordable cities in Virginia, also stands out as a bustling hub of activity. It is renowned for its thriving paper industry, producing a significant amount of bleached paper on the East Coast.

The city is also home to thriving sectors such as Health Care & Social Assistance and Retail Trade. Alongside its dynamic economy, Covington enjoys proximity to various local attractions, including Falling Springs and Humpback Bridge.

With average home prices around $127k, Covington offers an appealing option for those seeking an affordable city with ample potential for growth and opportunity.

3. Bluefield

Bluefield, situated on the border of West Virginia, is another affordable gem among Virginia’s cities.

This charming city not only attracts tourists but also offers a vibrant downtown area filled with local shops, restaurants, theaters, and city parks. With its higher elevation, Bluefield enjoys a cool and pleasant local climate, rarely exceeding 90 degrees.

The city boasts attractions like the East River Mountain Overlook, the Bluefield Blues Festival, and the captivating Holiday of Lights. Moreover, home prices remain low in this area, with an average sale price of approximately $116k, making Bluefield an affordable and enticing place to call home.

2. Big Stone Gap

Nestled in the southwestern corner of Virginia, Big Stone Gap holds the distinction of being the second most affordable place to live in the state.

While it was historically renowned for its thriving coal-mining industry, the city has now captivated residents with its breathtaking scenery and abundant outdoor recreational opportunities.

Residents can easily access nearby mountain ranges, state parks, and scenic walking trails. Notable attractions in the area include the Jefferson National Forest, Southwest Virginia Museum Historical Park, and the picturesque Natural Tunnel State Park. With average home prices hovering around $113k, Big Stone Gap offers an affordable living option in the heart of Virginia’s stunning landscapes.

1. Martinsville

Martinsville claims the title of the most affordable place to live in Virginia. Situated approximately 50 miles from Roanoke, this city is renowned for its abundant outdoor adventures.

Martinsville benefits from its proximity to trout-filled rivers, sparkling lakes, and gently rolling mountain ranges, which contribute to the area’s natural splendor. Racing enthusiasts will particularly appreciate the city’s close proximity to the renowned Martinsville Speedway.

With average home prices around $93k, Martinsville emerges as the prime destination for affordable homeownership in Virginia, offering an excellent opportunity to settle down and enjoy the charms of this picturesque area.