Similar to the surrounding areas, it's a little more expensive compared to the US as a whole. However it's a lot less expensive compared to the city of Washington.
Home prices
The cost of the median home in Glen Allen is $241,500. In comparison to other places in this area this is roughly $10,020 (4%) higher.It is about $24,000 (11%) higher compared to the entire country, and is roughly $360,000 (59%) lower compared to the city of Washington.
Rents
Glen Allen's median monthly rent is $1,336. This is approximately $199 (17%) higher in comparison to its surrounding areas.In comparison to the nation as a whole it is roughly $274 (25%) higher, and it is about $205 (13%) lower in comparison to the city of Washington.
Nearby places
Laurel
Laurel is Glen Allen's neighbor to the southwest. The housing prices there are somewhat less expensive. The median home in Laurel costs $195,900, which works out to $45,600 (23%) lower than Glen Allen. The rent there is somewhat less expensive. In Laurel the median monthly rent is $1,188, which comes out to $148 (12%) lower than Glen Allen.
Chamberlayne
Chamberlayne is Glen Allen's neighbor to the southeast. Its housing prices are a bit less expensive. The value of the median home in Chamberlayne is $225,400, which is $16,100 (7%) lower than Glen Allen. The rent there is a little less expensive. The median rent in Chamberlayne is $1,154 per month, which comes out to $182 (15%) lower than Glen Allen.
Lakeside
Lakeside is approximately 3 miles south of Glen Allen. The housing prices there are somewhat less expensive. The median home in Lakeside costs $186,100, which comes out to $55,400 (29%) lower than Glen Allen. Rent there is substantially less expensive. In Lakeside the median monthly rent is $1,012, which comes out to $324 (32%) lower than Glen Allen.
Dumbarton
Dumbarton is roughly 3 miles south of Glen Allen. Its real estate prices are a bit less expensive. Dumbarton's median home price is $186,400, which is $55,100 (29%) lower than Glen Allen. Rents there are a little less expensive. The median monthly rent in Dumbarton is $1,144, which is $192 (16%) lower than Glen Allen.
Innsbrook
Innsbrook is approximately 4 miles west from Glen Allen. The housing prices there are a lot more expensive. The median home in Innsbrook is valued at $363,600, which works out to $122,100 (33%) higher than Glen Allen. Rent there is somewhat less expensive. In Innsbrook the median monthly rent is $1,185, which is $151 (12%) lower than Glen Allen.