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These days, finding an affordable place to live in the 23116 area can be challenging. Home prices in 23116 are now at a median cost of $338,659, higher than the Virginia average of $323,261.
The average cost of rent is $1,673/mo in 23116, primarily driven by the current value of real estate in the 23116 area. While nearly 26.63% of residents own their homes outright in 23116, 10.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 23116 is $10,198 per month. Households that rent pay about 16.40% of their income on rent here. 23116's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 23111, VA: less expensive homes
- 23227, VA: less expensive homes
- 23222, VA: less expensive homes
- 23228, VA: less expensive homes
- 23069, VA: less expensive homes
- 23005, VA: equally priced homes
- 23060, VA: equally priced homes
- 23230, VA: less expensive homes
- 23223, VA: less expensive homes
- 23284, VA: equally priced homes
Zip Codes with Similar Populations
- 53186, WI: less expensive homes
- 77327, TX: less expensive homes
- 90222, CA: higher priced homes
- 90028, CA: higher priced homes
- 35603, AL: less expensive homes
- 29640, SC: less expensive homes
- 48091, MI: less expensive homes
- 57401, SD: less expensive homes
- 60517, IL: less expensive homes
- 98901, WA: less expensive homes
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