With home prices climbing across Northern Virginia, finding affordable housing can feel like an uphill battle—especially in a popular, growing area like Merrifield. However, don’t let rising prices discourage you from exploring the area! Merrifield, VA, located just minutes from Washington, D.C., offers a mix of vibrant community life, convenience, and a range of housing options, making it a desirable place for many homebuyers and renters.

In this guide, we’ll dive into the various affordable housing options available in Merrifield, VA. Whether you’re a first-time homebuyer, a young professional, or someone looking to downsize, there are options out there that won’t bust your budget. We’ll also cover local housing assistance programs and strategies for finding the best deals. Let’s get started!

Why Consider Merrifield, VA?

Merrifield’s appeal comes from its ideal mix of suburban and urban living. Located in Fairfax County, it offers a small-town feel but with easy access to larger urban centers like Washington, D.C., and Tysons Corner. The recent revitalization of the Mosaic District—a trendy shopping, dining, and entertainment hub—has made Merrifield a hot spot for homebuyers and renters alike.

Here are just a few reasons why people are choosing to move to Merrifield:

• Convenience: Merrifield is well-connected, with access to the Dunn Loring-Merrifield Metro station and major roads like I-66 and I-495.
• Employment opportunities: With proximity to Washington, D.C., and nearby job centers in Tysons Corner and Fairfax, it’s a commuter-friendly location.
• Thriving community life: The Mosaic District, community parks, and local businesses provide endless entertainment and leisure options.

But with all these advantages, is affordable housing still within reach? Let’s take a look at the different housing options available.

Types of Affordable Housing in Merrifield, VA

1. Affordable Condominiums

If you’re looking to buy a home but need to stick to a budget, condos are a great option in Merrifield. Condos typically offer a more affordable entry point into homeownership compared to single-family homes. These units are also a good choice for young professionals and small families who want a low-maintenance living option.

Some of the more affordable condominium complexes in Merrifield include:

• Halstead at the Metro: A popular condo community located next to the Dunn Loring-Merrifield Metro Station. With prices starting around $300,000 to $450,000 for smaller units, Halstead offers affordable living with amenities like a gym, pool, and business center.
• Wilton House Condominiums: Located near the Mosaic District, Wilton House provides an excellent location at more accessible prices. Condo prices range from $325,000 to $475,000, depending on the unit size and upgrades.
• High Pointe at Jefferson Park: Another solid choice for first-time buyers. Prices for these condos typically start at $250,000 to $375,000, offering budget-friendly living in an area close to shopping and dining.

While the initial purchase price of a condo might be lower, remember to factor in monthly HOA (Homeowners Association) fees, which typically cover amenities, maintenance, and building insurance. These fees can range from $200 to $400+ per month, depending on the property.

2. Townhouses

For buyers who want a bit more space but still need affordability, townhouses are a great compromise. Townhouses typically offer more square footage than condos and may include small yards or garages, making them a popular choice for families or buyers seeking extra space.

In Merrifield, you can find reasonably priced townhomes in communities like:

• Mosaic District Townhomes: Though the newer townhomes in Mosaic District can be on the pricier side, older and smaller units within or near the district can sometimes be found for under $600,000.
• Dunn Loring Village: A more affordable option compared to Mosaic District, with townhomes typically ranging from $475,000 to $550,000. These homes offer convenient access to the Dunn Loring Metro station and nearby amenities.

Though townhouse prices can be higher than condos, the added space and potential for appreciation can make them a good investment for buyers who are ready for a long-term commitment.

3. Rental Apartments

If you’re not ready to buy, renting in Merrifield is another solid option. With a wide variety of apartment complexes offering different price points, renters can still enjoy the benefits of living in this thriving area.

Here are a few affordable rental options to consider:

• The Reserve at Fairfax Corner: Offering one-, two-, and three-bedroom apartments, with rents starting around $1,750 per month for a one-bedroom unit. This community also features amenities like a fitness center, pool, and resident lounge.
• Dunn Loring Metro Apartments: Located right next to the Dunn Loring-Merrifield Metro Station, these apartments offer convenient living starting around $1,900 to $2,300 for a one-bedroom unit.
• Avalon Mosaic: With rents starting around $1,850 for a one-bedroom unit, Avalon Mosaic offers the convenience of living near the Mosaic District. The complex offers a range of amenities, including a rooftop lounge, fitness center, and swimming pool.

4. Affordable Housing Programs

In addition to traditional housing options, Merrifield residents may be eligible for affordable housing programs offered by Fairfax County and the state of Virginia. These programs are designed to make homeownership or renting more accessible for low- to moderate-income families.

• Fairfax County’s Affordable Dwelling Unit (ADU) Program: This program helps low- and moderate-income individuals and families find affordable rental units and homeownership opportunities. The ADU program provides reduced-price homes within new developments, which can be an excellent opportunity for first-time homebuyers.
• Virginia Housing Development Authority (VHDA): The VHDA offers several resources for first-time homebuyers, including down payment assistance, reduced mortgage rates, and access to FHA loans. They also provide homebuyer education courses to help new buyers understand the process.

5. Senior and Low-Income Housing

Fairfax County offers various programs to assist low-income individuals and seniors in securing affordable housing. Some of these options include:

• Fairfax County Redevelopment and Housing Authority (FCRHA): Offers affordable rental housing to eligible low-income households, including the elderly and disabled.
• Section 8 Housing Choice Voucher Program: Provides vouchers to eligible families and individuals, helping them afford privately owned rental properties.

Seniors may also want to explore affordable housing developments that cater specifically to those aged 55 and older. While Merrifield itself may not have many 55+ communities, nearby areas like Fairfax and Falls Church offer senior-living communities with affordable rental or purchase options.

How to Find Affordable Housing in Merrifield, VA

Finding affordable housing in a competitive market can be a challenge, but there are a few strategies that can help you land a great deal:

1. Work with a Local Real Estate Agent

A knowledgeable real estate agent who specializes in Merrifield can help you navigate the market and identify properties that fit your budget. Agents often have access to listings before they hit public databases, giving you a leg up on other buyers or renters.

2. Check Local Listings Regularly

Merrifield’s housing market can move quickly, especially when it comes to affordable options. Make sure to check websites like Zillow, Redfin, and Realtor.com frequently for new listings. Setting up alerts for new properties within your price range can also help you stay on top of the latest opportunities.

3. Consider Foreclosures and Short Sales

If you’re open to a bit of extra work, foreclosures and short sales can offer significant discounts on homes. These properties are often sold below market value, but they may require repairs or additional steps in the purchasing process.

4. Explore Affordable Housing Programs

As mentioned earlier, Fairfax County offers a range of affordable housing programs, from reduced-price homes to rental assistance. If you qualify, these programs can make a big difference in your search for affordable housing in Merrifield.

5. Consider Nearby Areas

If Merrifield itself proves too expensive, consider expanding your search to nearby areas like Falls Church, Vienna, or Annandale. These areas still offer proximity to Merrifield’s amenities and transportation links but may have more affordable housing options.

Rounding off

While finding affordable housing in Merrifield, VA can be a challenge, it’s not impossible. Whether you’re looking to rent or buy, there are options out there that cater to a range of budgets. From condos and townhouses to local housing assistance programs, you can find an affordable place to call home without sacrificing convenience or quality of life.

As the area continues to grow, now may be a great time to get into the Merrifield real estate market, especially for first-time homebuyers or those seeking an investment. Just remember to do your research, take advantage of available resources, and be patient as you search for the right fit.

So, whether you’re a first-time buyer, a young professional, or someone looking for budget-friendly options in Northern Virginia, Merrifield is waiting to welcome you home.