Most Affordable Neighborhoods in Colonial Heights - 2026 Data
The median home value in Colonial Heights is $221,400, 21% below nat'l avg. Median rent is $1,267/month. With an affordability index of 98, Colonial Heights is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Colonial Heights, VA area.
Key Takeaways: Affordability in Colonial Heights
- 1The most affordable neighborhood in Colonial Heights is Pulaski, with a median home value of $137,400.
- 2Colonial Heights's median home value is $221,400, 21% below nat'l avg (national: $281,900).
- 3Colonial Heights's affordability index is 98 (baseline 100), making it less affordable than the national average.
- 4Median rent in Colonial Heights is $1,267/month, 9% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Colonial Heights to find the most affordable areas based on home values, rent, and affordability index.
Colonial Heights Affordability Overview
Median Home Value
$221,400
21% below nat'l avg
Median Rent
$1,267/mo
9% above nat'l avg
Median Income
$72,216
3% below nat'l avg
Affordability Index
98
Near nat'l avg
Most Affordable Neighborhoods in Colonial Heights (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PulaskiVA | $137,400 |
| 2 | PurcellvilleVA | $570,600 |
| 3 | ChesapeakeVA | $310,000 |
| 4 | RichmondVA | $280,000 |
| 5 | NorfolkVA | $225,000 |
| 6 | WarrentonVA | $421,000 |
| 7 | MartinsvilleVA | $82,800 |
| 8 | RoanokeVA | $162,000 |
| 9 | PortsmouthVA | $213,300 |
| 10 | WilliamsburgVA | $385,600 |
| 11 | DanvilleVA | $102,000 |
| 12 | HamptonVA | $219,800 |
| 13 | PoquosonVA | $406,700 |
| 14 | LynchburgVA | $196,000 |
| 15 | AlexandriaVA | $655,700 |