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These days, finding an affordable place to live in the Arrington area can be challenging. Home prices in Arrington are now at a median cost of $240,722, lower than the Virginia average of $443,089.
The average cost of rent is $799/mo in Arrington, primarily driven by the current value of real estate in the Arrington area. In Arrington, 11.48% of households rent, and 41.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arrington is $5,184 per month. Households that rent pay about 15.42% of their income on rent here. Arrington’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tye River, VA: equally priced homes
- Colleen, VA: equally priced homes
- Piney River, VA: equally priced homes
- New Glasgow, VA: equally priced homes
- Norwood, VA: higher priced homes
- Lovingston, VA: higher priced homes
- Lowesville, VA: higher priced homes
- Shipman, VA: higher priced homes
- Buffalo Hill, VA: equally priced homes
- Massies Mill, VA: equally priced homes
Cities with Similar Populations
- Springer, NM: less expensive homes
- Block Island, RI: higher priced homes
- Kilmichael, MS: less expensive homes
- McPherson, GA: higher priced homes
- Summers, AR: less expensive homes
- Grantsboro, NC: less expensive homes
- Rock Point, AZ: less expensive homes
- Pierceville, KS: higher priced homes
- Paradis, LA: less expensive homes
- Hinton, VA: higher priced homes
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