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These days, finding an affordable place to live in the Williamsburg area can be challenging. Home prices in Williamsburg are now at a median cost of $1,305,348, higher than the Arlington average of $855,543.
The average cost of rent is $3,501/mo in Williamsburg, primarily driven by the current value of real estate in the Williamsburg area. In Williamsburg, 7.03% of households rent, and 29.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Williamsburg is $19,580 per month. Households that rent pay about 17.88% of their income on rent here. Williamsburg’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Arlington-East Falls, Arlington, VA: less expensive homes
- Rock Spring, Arlington, VA: equally priced homes
- Madison Condominium, Falls Church, VA: less expensive homes
- Waverly Hills, Arlington, VA: less expensive homes
- Donaldson Run, Arlington, VA: equally priced homes
- Bluemont, Arlington, VA: less expensive homes
- Pimmit Hills, Falls Church, VA: less expensive homes
- Cherrydale, Arlington, VA: equally priced homes
- Ballston-Virginia Square, Arlington, VA: less expensive homes
- Buckingham, Arlington, VA: less expensive homes
Neighborhoods with Similar Populations
- Shady Park Neighbourhood, Muskegon, MI: less expensive homes
- Johnson's Woods, Milwaukee, WI: less expensive homes
- Kings Mill, Broomfield, CO: less expensive homes
- Lakewood, New Orleans, LA: less expensive homes
- Leavenworth, Omaha, NE: less expensive homes
- Lincoln Park-Syracuse, Syracuse, NY: less expensive homes
- 3rd Ward, Portsmouth, OH: less expensive homes
- Rogers Park, Fort Collins, CO: less expensive homes
- Rosebank, Nashville, TN: less expensive homes
- Salisbury Point, Amesbury Town, MA: less expensive homes
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