The Most Affordable Neighborhoods in Willis Wharf, VA by Home Value

These days, finding an affordable place to live in the Willis Wharf area can be challenging. Home prices in Willis Wharf are now at a median cost of $155,322, lower than the Virginia average of $443,089.

The average cost of rent is $493/mo in Willis Wharf, primarily driven by the current value of real estate in the Willis Wharf area. In Willis Wharf, 52.18% of households rent, and 31.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Willis Wharf is $4,333 per month. Households that rent pay about 11.38% of their income on rent here. Willis Wharf’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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