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 $675,799, higher than the Annandale average of $549,171.

The average cost of rent is $2,574/mo in Wakefield Park, primarily driven by the current value of real estate in the Wakefield Park area. While nearly 32.61% of residents own their homes outright in Wakefield Park, 7.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wakefield Park is $15,246 per month. Households that rent pay about 16.88% of their income on rent here. Wakefield Park's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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