The Most Affordable Neighborhoods in Wakefield Park, Annandale, VA by Home Value

 

Wakefield Park, Annandale, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wakefield Park area can be challenging. Home prices in Wakefield Park are now at a median cost of $862,101, higher than the Annandale average of $714,604.

The average cost of rent is $3,015/mo in Wakefield Park, primarily driven by the current value of real estate in the Wakefield Park area. In Wakefield Park, 8.36% of households rent, and 29.25% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wakefield Park is $19,835 per month. Households that rent pay about 15.20% of their income on rent here. Wakefield Park’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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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