Richmond

Most affordable Richmond suburbs

Ranked on what a household actually pays: the in-house cost-of-living index at 55%, the median home value against the metro at 25% (lower is better here), and the share of households already stretched by housing costs at 20%.

Updated Sep 2026·20 suburbs considered, 10 listed
1
Hopewell$182k median · 26.0 min commute
Cost of living B+Housing FEmployment F
73
Affordability
overall 47 D
2
A view of the Colonial Heights Boulevard, with the courthouse on the right
Colonial Heights$247k median · 25.5 min commute
Cost of living A−Housing D−Employment C−
73
Affordability
overall 62 C
3
A house and gas station in Lakeside, Virginia.
Lakeside$288k median · 20.0 min commute
Cost of living A−Housing DEmployment C+
70
Affordability
overall 67 C+
4
Entrance to Rockwood Park, in Chesterfield County, Virginia.
Rockwood$354k median · 23.8 min commute
Cost of living BHousing CEmployment C+
68
Affordability
overall 64 C+
5
The Oak Antique Mall on North Sycamore Avenue, as seen from Bollingbrook Street in Downtown Petersburg, Virginia.
Petersburg$189k median · 25.7 min commute
Cost of living A−Housing FEmployment F
67
Affordability
overall 45 D
6
View of the Shelton House near Totopotomoy Creek in Virginia. Revolutionary War patriot Patrick Henry was reportedly married in the parlor of this house. This h
Mechanicsville$351k median · 23.9 min commute
Cost of living BHousing CEmployment B−
67
Affordability
overall 69 B−
7
Center of the Highland Springs Historic District, in Highland Springs, Virginia.
Highland Springs$227k median · 23.3 min commute
Cost of living B+Housing FEmployment D−
67
Affordability
overall 53 C−
8
Laurel Industrial School Historic District
Laurel$284k median · 24.0 min commute
Cost of living B+Housing DEmployment C−
66
Affordability
overall 61 C
9
area Richmond-Peterburg
Manchester$317k median · 21.9 min commute
Cost of living B+Housing DEmployment C−
65
Affordability
overall 65 C+
10
Chester Station Replica in Downtown Chester.
Chester$327k median · 27.8 min commute
Cost of living B−Housing C−Employment C+
65
Affordability
overall 62 C
This list's weighting
Cost of living 55%Median home value (lower is better) 25%Cost-burdened households 20%
Other Richmond lists
Best Richmond suburbs for familiesBest Richmond suburbs for schoolsShortest commutes to Downtown RichmondMost walkable Richmond suburbsBest Richmond suburbs for young professionalsHow we score Richmond suburbs →

Photos from Wikimedia Commons: Colonial Heights (Mojo Hand · CC BY-SA 4.0); Lakeside (Packer1028 · CC0); Rockwood (Packer1028 · CC0); Petersburg (Ken Lund from Las Vegas, Nevada, USA · CC BY-SA 2.0); Mechanicsville (Robshenk · CC BY-SA 3.0); Highland Springs (Packer1028 · CC0); Laurel (Jjmusgrove · CC BY-SA 3.0); Manchester (wikipedia inglesa · CC BY-SA 3.0); Chester (James Shelton32 · CC BY-SA 4.0).