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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 $433,476, lower than the Virginia average of $443,089.
The average cost of rent is $2,165/mo in 23116, primarily driven by the current value of real estate in the 23116 area. In 23116, 9.26% of households rent, and 27.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 23116 is $11,730 per month. Households that rent pay about 18.46% of their income on rent here. 23116’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 23111, VA: less expensive homes
- 23227, VA: equally priced homes
- 23222, VA: less expensive homes
- 23228, VA: less expensive homes
- 23069, VA: equally priced 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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