Arlington, VA Rental Market Trends

Arlington Rent Report: February 2024

Welcome to the Apartment List February 2024 Rent Report for Arlington, VA. Currently, the overall median rent in the city stands at $2,431, roughly the same as last month. Prices remain up 5.9% year-over-year. Read on to learn more about what’s been happening in the Arlington rental market and how it compares to trends throughout the broader Washington metro area and the nation as a whole.

Arlington rents are flat month-over-month and up 5.9% year-over-year

The median rent in Arlington fell by 0.4% over the course of January, and has now increased by a total of 5.9% over the past 12 months. Arlington’s rent growth over the past year has has outpaced both state (3.6%) and national (-1.0%) averages.

January rent growth in Arlington ranked #53 among large U.S. cities

Arlington rents went down 0.4% in the past month, compared to the national rate of -0.3%. Among the nation's 100 largest cities, this ranks #53. Similar monthly rent growth took place in San Diego, CA (-0.4%) and Charlotte, NC (-0.4%).

Arlington is the #6 most expensive large city in the U.S., with a median rent of $2,431

Citywide, the median rent currently stands at $2,290 for a 1-bedroom apartment and $2,767 for a 2-bedroom. Across all bedroom sizes (ie, the entire rental market), the median rent is $2,431. That ranks #6 in the nation, among the country's 100 largest cities.

For comparison, the median rent across the nation as a whole is $1,207 for a 1-bedroom, $1,359 for a 2-bedroom, and $1,373 overall. The median rent in Arlington is 77.1% higher than the national, and is similar to the prices you would find in Santa Clarita, CA ($2,441) and Chula Vista, CA ($2,355).

Arlington rents are 17.0% higher than the metro-wide median

If we expand our view to the wider Washington metro area, the median rent is $2,079 meaning that the median price in Arlington ($2,431) is 17.0% greater than the price across the metro as a whole. Metro-wide annual rent growth stands at 3.2%, below the rate of rent growth within just the city.

The table below shows the latest rent stats for 28 cities in the Washington metro area that are included in our database. Among them, Tysons Corner is currently the most expensive, with a median rent of $2,472. Glassmanor is the metro’s most affordable city, with a median rent of $1,395. The metro's fastest annual rent growth is occurring in Centreville (10.2%) while the slowest is in Glassmanor (-6.9%).

City
Median 1BR Rent
Median 2BR Rent
M/M Rent Growth
Y/Y Rent Growth
Alexandria
$1,947
$2,392
0.1%
3.5%
Annandale
$1,805
$2,060
-0.1%
6.0%
Arlington
$2,290
$2,767
-0.4%
5.9%
Ashburn
$2,015
$2,384
-0.7%
3.9%
Bethesda
$1,877
$2,263
0.5%
3.1%
Centreville
$1,926
$2,237
2.1%
10.2%
Fair Oaks
$2,082
$2,327
0.2%
4.4%
Fairfax
$1,785
$2,043
-0.1%
3.6%
Frederick
$1,342
$1,592
-0.6%
0.6%
Fredericksburg
$1,401
$1,595
0.7%
4.9%
Gaithersburg
$1,716
$1,996
-0.3%
6.3%
Germantown
$1,712
$1,941
-0.5%
2.9%
Glassmanor
$1,267
$1,545
-0.3%
-6.9%
Greenbelt
$1,748
$1,987
-0.6%
3.1%
Herndon
$1,703
$2,043
0.4%
5.4%
Hyattsville
$1,555
$2,004
1.0%
6.7%
Laurel
$1,623
$1,999
-2.5%
-1.4%
Leesburg
$1,563
$1,843
1.1%
-2.4%
Manassas
$1,639
$1,911
-0.3%
3.5%
Merrifield
$2,206
$2,711
-0.5%
8.3%
North Bethesda
$1,874
$2,433
0.1%
2.9%
Reston
$2,025
$2,144
1.4%
3.9%
Rockville
$2,102
$2,557
-0.1%
6.5%
Silver Spring
$1,840
$2,131
-0.0%
4.3%
Suitland
$1,479
$1,731
-0.2%
-0.6%
Tysons Corner
$2,247
$2,695
-0.6%
-0.3%
Washington
$2,081
$2,136
-0.5%
0.5%
Woodbridge
$1,634
$1,902
-0.6%
5.3%
See More

You can also use the map below to explore the latest rent trends in the Washington metropolitan area.

Methodology

Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.

Data Access

Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.

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