10 Most Affordable Richmond Suburbs

by Msnbctv news staff


Richmond, VA, certainly one of America’s oldest main cities, is a superb vacation spot for these trying to dwell within the Mid-Atlantic area. With a wealthy historical past, numerous museums to discover, and loads of out of doors actions, it’s no surprise Richmond can also be residence to just about 235,000 individuals. As you begin your private home search, there are three key factors to remember – the housing market could be very aggressive, the median residence sale value is $310,000, and the common lease value for a 2-bedroom condominium in Richmond is $1,735.

Don’t fear if these numbers don’t slot in your funds – we’ve bought choices that can assist you discover a place that does. We’ve gathered an inventory of the ten most inexpensive Richmond suburbs to think about dwelling in. And one of the best half is that they’re all lower than 35 minutes away from town middle. That approach you’ll be able to dwell near Richmond and all its superior actions with out paying the premium value for a house there.

#1: Bensley

Median residence value: $193,000
Driving distance from Richmond: quarter-hour
Bensley, VA houses on the market
Bensley, VA flats for lease

With a median residence sale value almost $120K lower than Richmond, Bensley is probably the most inexpensive Richmond suburb on our checklist. 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’ll be able to spend time exploring Bensley Park or try Falling Creek Ironworks Park and the close by Bridge at Falling Creek.

#2: Hopewell

Median residence value: $199,000
Driving distance from Richmond: 25 minutes
Hopewell, VA houses on the market
Hopewell, VA flats for lease

Hopewell takes second place on our checklist. A few 25-minute drive away from downtown Richmond, you’ll be touring the Virginia Museum of Effective Arts very quickly. Residence to Outdated Metropolis Level Waterfront Park the place you’ll be able to see the confluence of the James and Appomattox Rivers, and the Hopewell Riverwalk, there’s loads to do on this Richmond suburb. 

#3: Ettrick

Median residence value: $201,500
Driving distance from Richmond: half-hour
Ettrick, VA houses on the market
Ettrick, VA flats 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. Ensure to go to Ettrick Park or discover the Virginia State College campus in case you transfer to the third most inexpensive suburb. 

#4: Petersburg

Median residence value: $220,000
Driving distance from Richmond: 25 minutes
Petersburg, VA houses on the market
Petersburg, VA flats for lease

Solely barely costlier than Ettrick is Petersburg, the following suburb on our checklist. 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 trying out the Pocahontas Island Black Historical past Museum. 

homes in richmond suburbs with front porches and colorful exteriors

#5: Matoaca

Median residence value: $225,000
Driving distance from Richmond: 35 minutes
Matoaca, VA houses on the market
Matoaca, VA flats 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 checklist. Residence to 2,500 residents, this inexpensive city generally is a nice selection for individuals trying to stay near Richmond with out paying the worth 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 value: $230,000
Driving distance from Richmond: quarter-hour
Sandston, VA houses on the market
Sandston, VA flats for lease

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

#7: East Highland Park

Median residence value: $235,000
Driving distance from Richmond: 10 minutes
East Highland Park, VA houses on the market
East Highland Park, VA flats for lease

Seventh on our checklist of inexpensive Richmond suburbs is East Highland Park, which is about 10 minutes away from the guts of town. With a inhabitants of roughly 15,500, dwelling 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 value: $250,000
Driving distance from Richmond: 25 minutes
Enon, VA houses on the market
Enon, VA flats for lease

In the event you’ve been dwelling 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. Ensure to go to the R. Garland Dodd Park at Level of Rocks the place you’ll discover numerous strolling trails and picnic areas. 

#9: Colonial Heights

Median residence value: $252,500
Driving distance from Richmond: 25 minutes
Colonial Heights, VA houses on the market
Colonial Heights, VA flats for lease

Colonial Heights is a superb place to think about transferring to that can 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 embrace exploring Keystone Vintage Truck & Tractor Museum or spending the day at White Financial institution Park.

#10: Prince George

Median residence value: $303,250
Driving distance from Richmond: 35 minutes
Prince George, VA houses on the market
Prince George, VA flats for lease

Claiming the tenth and ultimate spot on our checklist of inexpensive 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 Middle, and Tree Time Adventures. There’s loads to do on a day or weekend whereas dwelling on this charming city.

Methodology:

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

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