The 10 Cheapest Alexandria, VA Neighborhoods To Live In For 2019


We used science and data to determine which neighborhoods in Alexandria are the cheapest of the cheap.

Editor’s Note: This is our first time ranking the cheapest neighborhoods to live in Alexandria.
Cheapest Neighborhoods In Alexandria

Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Alexandria might be more expensive than living in rural Virginia, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Alexandria neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Alexandria are the cheapest.

Here are the cheapest neighborhoods in Alexandria for 2019:

  1. Seminary Hill (Homes)
  2. Taylor Run (Homes)
  3. Landmark-Van Dom (Homes)
  4. Alexandria Wrest (Homes)
  5. Fairlington-Bradlee (Homes)

What’s the cheapest neighborhood to live in Alexandria for 2019? According to the most recent census data, Seminary Hill looks to be the cheaptest Alexandria neighborhood to live in.

At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Alexandria. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Alexandria that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Alexandria.

Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Virginia reading, check out:

How We Determined The Cheapest Alexandria Hoods In 2019

In order to rank the cheapest places to live in Alexandria, we had to determine what criteria defines ‘cheap’.

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 15 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the ‘Cheapest City Neighborhood In Alexandria.’ We’re lookin’ at you, Seminary Hill.

Read on below to learn more about what it’s like to live in the cheapest places Alexandria. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 5 Cheapest Neighborhoods To Live In Alexandria For 2019

Overall SnackAbility

10
/10

Population: 22,478
Cost Of Living Index: 129 (3rd cheapest)
Home Value To Income Ratio: 3.6 (4th cheapest)
Rent To Income Ratio: 0.013 (6th cheapest)
More on Seminary Hill: Homes For Sale | Data

Seminary Hill is a mostly residential, single-family dwelling area near the Virginia Theological Seminary, Episcopal High School and St. Stephen’s & St. Agnes School off of Seminary Road, ending in the area just west of the Inova Alexandria Hospital.

The median income in Seminary Hill comes in at $98,247 and the median home value is $358,055 for 2019.

Overall SnackAbility

10
/10

Population: 6,851
Cost Of Living Index: 144 (5th cheapest)
Home Value To Income Ratio: 3.9 (5th cheapest)
Rent To Income Ratio: 0.011 (4th cheapest)
More on Taylor Run: Homes For Sale | Data

The median income in Taylor Run comes in at $124,230 and the median home value is $487,943 for 2019.

Overall SnackAbility

9.5
/10

Population: 26,628
Cost Of Living Index: 117 (2nd cheapest)
Home Value To Income Ratio: 3.0 (1st cheapest)
Rent To Income Ratio: 0.017 (13th cheapest)
More on Landmark-Van Dom: Homes For Sale | Data

The median income in Landmark-Van Dom comes in at $79,110 and the median home value is $238,656 for 2019.

Overall SnackAbility

9.5
/10

Population: 30,816
Cost Of Living Index: 115 (1st cheapest)
Home Value To Income Ratio: 3.1 (2nd cheapest)
Rent To Income Ratio: 0.022 (15th cheapest)
More on Alexandria Wrest: Homes For Sale | Data

The median income in Alexandria Wrest comes in at $69,390 and the median home value is $215,805 for 2019.

Overall SnackAbility

8.5
/10

Population: 545
Cost Of Living Index: 142 (4th cheapest)
Home Value To Income Ratio: 3.4 (3rd cheapest)
Rent To Income Ratio: 0.016 (12th cheapest)
More on Fairlington-Bradlee: Homes For Sale | Data

The median income in Fairlington-Bradlee comes in at $120,648 and the median home value is $407,750 for 2019.

Summing Up The Cheapest Places In Alexandria

If you’re measuring the neighborhoods in Alexandria where prices are low and it’s cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Alexandria aren’t all cheap. Southwest Wuadrant takes the title of the most expensive neighborhood to live in Alexandria.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Virginia reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Alexandria For 2019

Rank Neighborhood Cost Of Living Index
1 Seminary Hill 129
2 Taylor Run 144
3 Landmark-Van Dom 117
4 Alexandria Wrest 115
5 Fairlington-Bradlee 142
6 Northeast 155
7 Old Town North 147
8 North Ridge-Rosemont 170
9 King St Metro 154
10 Eisenhower East 145
11 Potomac Yard-Potomac Greens 154
12 Braddock Road Metro 172
13 Potomac West 157
14 Old Town 187
15 Southwest Wuadrant 174

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

Leave a Reply

Your email address will not be published. Required fields are marked *