The Most Affordable Neighborhoods in Waverly Hills, Arlington, VA by Home Value

 

Waverly Hills, Arlington, VA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Waverly Hills area can be challenging. Home prices in Waverly Hills are now at a median cost of $966,329, higher than the Arlington average of $855,543.

The average cost of rent is $2,231/mo in Waverly Hills, primarily driven by the current value of real estate in the Waverly Hills area. In Waverly Hills, 52.56% of households rent, and 31.70% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Waverly Hills is $13,634 per month. Households that rent pay about 16.37% of their income on rent here. Waverly Hills’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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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