Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alexandria area can be challenging. Home prices in Alexandria are now at a median cost of $507,306, higher than the Virginia average of $323,261.
The average cost of rent is $2,045/mo in Alexandria, primarily driven by the current value of real estate in the Alexandria area. While nearly 26.44% of residents own their homes outright in Alexandria, 46.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alexandria is $9,505 per month. Households that rent pay about 21.52% of their income on rent here. Alexandria's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Jefferson Manor, VA: less expensive homes
- Huntington, VA: less expensive homes
- Belle View, VA: higher priced homes
- Lincolnia, VA: higher priced homes
- Franconia, VA: equally priced homes
- Fort Hunt, VA: higher priced homes
- Arlington, VA: higher priced homes
- Forest Heights, MD: less expensive homes
- Seven Corners, VA: less expensive homes
- Fort Myer, VA: higher priced homes
Cities with Similar Populations
- Lakewood, NJ: less expensive homes
- Kenosha, WI: less expensive homes
- Laredo, TX: less expensive homes
- Knoxville, TN: less expensive homes
- Katy, TX: less expensive homes
- Land O' Lakes, FL: less expensive homes
- McDonough, GA: less expensive homes
- Memphis, TN: less expensive homes
- Livermore, CA: higher priced homes
- Long Beach, CA: higher priced homes
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