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Affordable
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These days, finding an affordable place to live in the Burke area can be challenging. Home prices in Burke are now at a median cost of $730,226, higher than the Virginia average of $443,089.
The average cost of rent is $3,014/mo in Burke, primarily driven by the current value of real estate in the Burke area. In Burke, 10.44% of households rent, and 27.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burke is $15,564 per month. Households that rent pay about 19.36% of their income on rent here. Burke’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Springfield, VA: less expensive homes
- Burke Centre, VA: less expensive homes
- Fairfax Station, VA: higher priced homes
- Springfield, VA: less expensive homes
- Newington, VA: less expensive homes
- Crosspointe, VA: higher priced homes
- Annandale, VA: equally priced homes
- Newington Forest, VA: higher priced homes
- Laurel Hill, VA: equally priced homes
- Woodburn, VA: less expensive homes
Cities with Similar Populations
- South El Monte, CA: less expensive homes
- Ellenwood, GA: less expensive homes
- Fairburn, GA: less expensive homes
- Maplewood, MN: less expensive homes
- Marlborough, MA: less expensive homes
- McLean, VA: higher priced homes
- Midlothian, TX: less expensive homes
- Nicholasville, KY: less expensive homes
- Oak Harbor, WA: less expensive homes
- Plymouth, MI: less expensive homes
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