The Most Affordable Neighborhoods in Southwest Quadrant, Alexandria, VA by Home Value

 

Southwest Quadrant, Alexandria, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Southwest Quadrant area can be challenging. Home prices in Southwest Quadrant are now at a median cost of $700,982, higher than the Alexandria average of $507,306.

The average cost of rent is $1,949/mo in Southwest Quadrant, primarily driven by the current value of real estate in the Southwest Quadrant area. While nearly 29.35% of residents own their homes outright in Southwest Quadrant, 56.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Southwest Quadrant is $10,839 per month. Households that rent pay about 17.98% of their income on rent here. Southwest Quadrant's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the neighborhood.


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