Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merrifield area can be challenging. Home prices in Merrifield are now at a median cost of $561,838, lower than the Fairfax average of $634,180.
The average cost of rent is $2,282/mo in Merrifield, primarily driven by the current value of real estate in the Merrifield area. While nearly 18.04% of residents own their homes outright in Merrifield, 47.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merrifield is $12,197 per month. Households that rent pay about 18.71% of their income on rent here. Merrifield's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Mantua, Fairfax, VA: higher priced homes
- Pimmit Hills, Falls Church, VA: higher priced homes
- Wakefield Park, Annandale, VA: higher priced homes
- Madison Condominium, Falls Church, VA: equally priced homes
- Arlington-East Falls, Arlington, VA: higher priced homes
- Lake Barcroft, Falls Church, VA: higher priced homes
- Williamsburg, Arlington, VA: higher priced homes
- North Springfield, Springfield, VA: less expensive homes
- Rock Spring, Arlington, VA: higher priced homes
- Bailey's Crossroads, Falls Church, VA: less expensive homes
Neighborhoods with Similar Populations
- Rice, Houston, TX: higher priced homes
- Far Southwest, Portland, OR: higher priced homes
- Flat Rock Area, Flat Rock, MI: less expensive homes
- Foggy Bottom, Washington, DC: higher priced homes
- Glen-Fallstaff, Baltimore, MD: less expensive homes
- Goodyear Heights, Akron, OH: less expensive homes
- Grandview, Glendale, CA: higher priced homes
- Great Bridge East, Chesapeake, VA: less expensive homes
- Green Valley Ranch, Henderson, NV: less expensive homes
- Greenwood, Seattle, WA: higher priced homes
All Local Stats
Home Services
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