Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newington Forest area can be challenging. Home prices in Newington Forest are now at a median cost of $885,100, higher than the Virginia average of $323,261.
The average cost of rent is $2,118/mo in Newington Forest, primarily driven by the current value of real estate in the Newington Forest area. While nearly 9.28% of residents own their homes outright in Newington Forest, 4.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newington Forest is $17,425 per month. Households that rent pay about 12.15% of their income on rent here. Newington Forest's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Laurel Hill, VA: less expensive homes
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- West Springfield, VA: less expensive homes
- Fairfax Station, VA: equally priced homes
- Springfield, VA: less expensive homes
- Burke, VA: less expensive homes
Cities with Similar Populations
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- Carpendale, WV: less expensive homes
- Carters Creek, TN: less expensive homes
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