The Most Affordable Neighborhoods in Washington Park, VA by Home Value

 

Washington Park, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Washington Park area can be challenging. Home prices in Washington Park are now at a median cost of $74,900, lower than the Virginia average of $323,261.

The average cost of rent is $921/mo in Washington Park, primarily driven by the current value of real estate in the Washington Park area. While nearly 59.03% of residents own their homes outright in Washington Park, 22.79% rent.

Housing affordability isn’t just about home prices, though. The average household income in Washington Park is $4,498 per month. Households that rent pay about 20.48% of their income on rent here. Washington Park's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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