Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Great Falls area can be challenging. Home prices in Great Falls are now at a median cost of $1,096,246, higher than the Virginia average of $323,261.
The average cost of rent is $2,969/mo in Great Falls, primarily driven by the current value of real estate in the Great Falls area. While nearly 31.58% of residents own their homes outright in Great Falls, 6.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in Great Falls is $19,741 per month. Households that rent pay about 15.04% of their income on rent here. Great Falls's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Dranesville, VA: less expensive homes
- Lowes Island, VA: less expensive homes
- Reston, VA: less expensive homes
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- Cascades, VA: less expensive homes
- Travilah, MD: higher priced homes
- Herndon, VA: less expensive homes
- Dulles Town Center, VA: less expensive homes
- Countryside, VA: less expensive homes
Cities with Similar Populations
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- Benton Harbor, MI: less expensive homes
- Berea, OH: less expensive homes
- Bethpage, NY: less expensive homes
- Bonita, CA: less expensive homes
- Bordentown, NJ: less expensive homes
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