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 $912,293, higher than the Alexandria average of $665,839.

The average cost of rent is $2,230/mo in Southwest Quadrant, primarily driven by the current value of real estate in the Southwest Quadrant area. In Southwest Quadrant, 60.42% of households rent, and 27.85% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Southwest Quadrant is $12,214 per month. Households that rent pay about 18.26% of their income on rent here. Southwest Quadrant’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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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