Home prices
The value of the median home in Rainelle is $59,400. This is approximately $32,400 (35%) lower in comparison to its surrounding areas.It is about $158,100 (72%) lower in comparison to the country as a whole, and it is roughly $75,700 (56%) lower in comparison to the city of Roanoke.
Rents
Rainelle's median rent is $535 per month. This is approximately $106 (16%) lower compared to other places in this area.It is approximately $527 (49%) lower in comparison to the rest of the nation, and is about $279 (34%) lower in comparison to the city of Roanoke.
Nearby places
Rupert
Rupert is roughly 4 miles east from Rainelle. The real estate prices there are a little more expensive. The median home cost in Rupert is $77,800, which is $18,400 (23%) higher than Rainelle. Rent there is fairly similar. In Rupert the median rent is $535 a month, which is very similar to Rainelle.
Meadow Bridge
Meadow Bridge is about 8 miles southwest from Rainelle. The real estate prices there are somewhat more expensive. The price of the median home in Meadow Bridge is $68,100, which is $8,700 (12%) higher than Rainelle. Rent there is a little more expensive. In Meadow Bridge the median rent is $581 per month, which is $46 (7%) higher than Rainelle.
Oak Hill
Oak Hill is approximately 16 miles west from Rainelle. The housing prices there are substantially more expensive. The median home in Oak Hill is valued at $97,200, which comes out to $37,800 (38%) higher than Rainelle. Its rents are somewhat more expensive. In Oak Hill the median rent is $650 a month, which works out to $115 (17%) higher than Rainelle.
Fayetteville
Fayetteville is about 17 miles west of Rainelle. The housing prices there are a lot more expensive. The value of the median home in Fayetteville is $130,400, which works out to $71,000 (54%) higher than Rainelle. Rents there are significantly more expensive. Fayetteville's median monthly rent is $810, which works out to $275 (33%) higher than Rainelle.
Alderson
Alderson is about 17 miles south from Rainelle. Its housing prices are a little more expensive. The median home cost in Alderson is $85,500, which is $26,100 (30%) higher than Rainelle. The rent there is a little more expensive. The median rent in Alderson is $631 per month, which works out to $96 (15%) higher than Rainelle.
