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Expensive
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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 $633,784, lower than the Arlington average of $855,543.
The average cost of rent is $2,793/mo in Ballston-Virginia Square, primarily driven by the current value of real estate in the Ballston-Virginia Square area. In Ballston-Virginia Square, 72.29% of households rent, and 36.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ballston-Virginia Square is $13,081 per month. Households that rent pay about 21.35% of their income on rent here. Ballston-Virginia Square’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Ashton Heights, Arlington, VA: higher priced homes
- Buckingham, Arlington, VA: equally priced homes
- Bluemont, Arlington, VA: higher priced homes
- Cherrydale, Arlington, VA: higher priced homes
- Lyon Village, Arlington, VA: higher priced homes
- Waverly Hills, Arlington, VA: higher priced homes
- Lyon Park, Arlington, VA: higher priced homes
- Clarendon, Arlington, VA: higher priced homes
- Barcroft, Arlington, VA: higher priced homes
- North Highland, Arlington, VA: equally priced homes
Neighborhoods with Similar Populations
- Winter Gardens, Lakeside, CA: equally priced homes
- North Shores, North Bay Village, FL: less expensive homes
- Chisholm Creek, Wichita, KS: less expensive homes
- Nestor, San Diego, CA: equally priced homes
- Citizens Southwest, Jackson, MS: less expensive homes
- Desert Hills, Cave Creek, AZ: higher priced homes
- West Oak Hill, Austin, TX: equally priced homes
- Sandtown-Southeastern Atlanta, Atlanta, GA: less expensive homes
- Victory Hills, Kansas City, KS: less expensive homes
- Lower Vailsburg, Newark, NJ: less expensive homes
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