The Most Affordable Neighborhoods in Ballston-Virginia Square, Arlington, VA by Home Value

 

Ballston-Virginia Square, Arlington, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ballston-Virginia Square area can be challenging. Home prices in Ballston-Virginia Square are now at a median cost of $551,726, lower than the Arlington average of $718,990.

The average cost of rent is $2,484/mo in Ballston-Virginia Square, primarily driven by the current value of real estate in the Ballston-Virginia Square area. While nearly 38.02% of residents own their homes outright in Ballston-Virginia Square, 67.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ballston-Virginia Square is $11,893 per month. Households that rent pay about 20.88% of their income on rent here. Ballston-Virginia Square's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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