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Alexandria city Housing Market

Virginia · 133 counties · Ranked #3097 in home value

Above National Avg

Housing at a Glance

Median Home Value

$696,800

vs national+$696,800 vs $281,900 national

Median Gross Rent

$2,031/mo

vs national+$2,031 vs $1,163 national

Effective Tax Rate

0.99%

vs national0.99% vs 1.02% national

Median Household Income

$113,638

vs national+$113,638 vs $74,755 national

Affordability Ratio

6.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$6,879

Tax as % of Home Value

0.99%

Monthly Owner Cost

$2,635

Renter Income

$87,271

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Frequently Asked Questions

What is the median home value in Alexandria city?

The median home value in Alexandria city is $696,800. This is above the national median of $281,900.

How much is rent in Alexandria city?

The median gross rent in Alexandria city is $2,031 per month.

What is the property tax rate in Alexandria city?

The effective property tax rate in Alexandria city is 0.99%. The median annual property tax bill is $6,879.

Is Alexandria city affordable?

With a home-value-to-income ratio of 6.1x, Alexandria city is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.