
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Northwest area can be challenging. Home prices in Northwest are now at a median cost of $357,690, higher than the Virginia Beach average of $350,138.
The average cost of rent is $1,818/mo in Northwest, primarily driven by the current value of real estate in the Northwest area. In Northwest, 46.51% of households rent, and 30.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northwest is $6,985 per month. Households that rent pay about 26.03% of their income on rent here. Northwest’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- US Navy Little Creek Amphibious Base, Norfolk, VA: higher priced homes
- Huntington-Jefferson, Virginia Beach, VA: equally priced homes
- Kempsville Gardens, Virginia Beach, VA: less expensive homes
- North Central, Virginia Beach, VA: higher priced homes
- East Ocean View, Norfolk, VA: higher priced homes
- Roosevelt Gardens Area, Norfolk, VA: less expensive homes
- Larrymore Lawns, Norfolk, VA: less expensive homes
- Ballentine Place, Norfolk, VA: less expensive homes
- Fairmont Park, Norfolk, VA: less expensive homes
- Indian River, Chesapeake, VA: less expensive homes
Neighborhoods with Similar Populations
- North Valley, San Jose, CA: higher priced homes
- Far Rockaway, Queens, NY: higher priced homes
- Galleria-Uptown, Houston, TX: higher priced homes
- Hickory Ridge-South Riverdale, Memphis, TN: less expensive homes
- Hollywood, Los Angeles, CA: higher priced homes
- Lake View, Chicago, IL: higher priced homes
- Logan Square, Chicago, IL: higher priced homes
- Lower East Side, Manhattan, NY: higher priced homes
- North Long Beach, Long Beach, CA: higher priced homes
- North, Raleigh, NC: higher priced homes
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