This Northern Virginia town is home to more than 30,000 residents, most of whom keep their lawns trimmed and tidy and their gardens the same. This is your quintessential Virginian town: quaint but proud houses, vast green lawns and manicured trees. Imagine - the perfect town in which to sing a song and swing around the lamp posts for joy! Just west of Fairfax City, this town has a great balance of small-town charm and big-city convenience. Most of the latter element is found at one place: the Fair Oaks Mall.
2-bedroom apartments in Fair Oaks can be found in virtually all of the apartment complexes, and most also boast 1 and 3 bedrooms as well. Rent may seem a bit steep if you are just starting out in this community, but the extra money covers a garage, pool and the freedom to bring pets into your new home. In fact, it is so easy to find accommodation in Fair Oaks that doesn't frown on pet ownership, you should really consider getting a pet if you don't have one already. Go on - rescue a nice furry feline or canine from the local shelter and make their day, as well as yours. With all the space in these beautiful Fair Oaks apartments and homes, it's really only fair to share it with someone fuzzy and less fortunate! If what you really want is a rental house in Fair Oaks, you will be pleasantly surprised to learn that houses are not necessarily more expensive than apartment leases, and chances are it’ll come with that special touch of Virginian charm: the immaculate lawn and garden.
One place is really the star here -- the Fair Oaks Mall. Since 1980 this 400,000-square foot retail wonderland has been at the center of commerce for Fair Oaks and other Fairfax County residents. Not only does the Mall host top department store giants J.C. Penney, Sears, Macy's and Lord and Taylor, but it is also the venue for annual community parties such as the Christmas and Halloween celebrations.
If shopping isn't your thing, how about international cuisine? Fair Oaks Mall has 23 different regional restaurants that can cater to your taste buds' every desire. Shoppers and diners can find everything from fast food to casual dining to the fine dining experience at Texas de Brazil, where Brazilian beef meets American steakhouse. If Brazilian cows aren't for you, try out Elevation Burger, where the cows were fed organic grass and allowed to wander whither they wished.
Welcome to the March 2021 Fair Oaks Rent Report. Fair Oaks rents increased over the past month. In this report, we'll evaluate trends in the Fair Oaks rental market, including comparisons to cities throughout the metro, state, and nation.
Welcome to the March 2021 Fair Oaks Rent Report. Fair Oaks rents increased over the past month. In this report, we'll evaluate trends in the Fair Oaks rental market, including comparisons to cities throughout the metro, state, and nation.
Fair Oaks rents have increased 0.7% over the past month, but have decreased significantly by 3.6% in comparison to the same time last year. Currently, median rents in Fair Oaks stand at $1,757 for a one-bedroom apartment and $2,130 for a two-bedroom. Fair Oaks' year-over-year rent growth lags the state average of -3.3%, as well as the national average of -0.8%.
Rent prices have been decreasing not just in Fair Oaks over the past year, but across the entire metro. Of the largest 10 cities in the DC metro for which we have data, 7 of them have seen prices drop. Here's a look at how rents compare across some of the largest cities in the metro.
As rents have fallen significantly in Fair Oaks, a few large cities nationwide have also seen prices fall, in some cases substantially. Compared to most large cities across the country, Fair Oaks is less affordable for renters.
For more information check out our national report. You can also access our full data for cities and counties across the U.S.
Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.
Read more about our new methodology below, or see a more detailed post about the methodology on our blog.
Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start 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, comparing only units that are available across both time periods 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. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.
Read more about our methodology.
Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.
We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.