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Alexandria city, VA

ZIP 22302 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 22302

Median Home Value
$630,600
Median Rent
$1,920
Affordability Snapshot
$174,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,051/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 22302 in Alexandria city, VA, a household would need roughly $174,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,051. That is about 37% above the local median household income ($127,037), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics

Historic housing stock (22% built before 1939)

Owner Occupied
55.5%-15% vs US avg
x
Vacancy Rate
8.4%-18% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
22.0%+72% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
14.9%-70% vs US avg
x
Mortgage-Free
20.4%-47% vs US avg
x
$630,600
Home Value
$1,920
Rent
1964
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached25.6%
  • 1-unit attached15.5%
  • 2-9 units12.6%
  • 10+ units46.1%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$630,600
Median rent$1,920
Owner-occupied55.5%
Vacant8.4%
Price-to-income5.0x
Est. income to buy$174,000