The Most Affordable Neighborhoods in Lake Barcroft, Falls Church, VA by Home Value

 

Lake Barcroft, Falls Church, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Barcroft area can be challenging. Home prices in Lake Barcroft are now at a median cost of $721,361, lower than the Falls Church average of $789,169.

The average cost of rent is $2,429/mo in Lake Barcroft, primarily driven by the current value of real estate in the Lake Barcroft area. In Lake Barcroft, 32.83% of households rent, and 30.71% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lake Barcroft is $12,673 per month. Households that rent pay about 19.16% of their income on rent here. Lake Barcroft’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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