The Most Affordable Neighborhoods in Burke Centre, VA by Home Value

 

Burke Centre, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Burke Centre area can be challenging. Home prices in Burke Centre are now at a median cost of $646,423, higher than the Virginia average of $443,089.

The average cost of rent is $2,692/mo in Burke Centre, primarily driven by the current value of real estate in the Burke Centre area. In Burke Centre, 19.23% of households rent, and 23.56% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Burke Centre is $14,030 per month. Households that rent pay about 19.19% of their income on rent here. Burke Centre’s most expensive areas are in the southwestern 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.


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