Welcome to the Apartment List March 2026 Rent Report for Fair Oaks, VA. Currently, the overall median rent in the city stands at $2,343, after rising 1.1% last month. Prices remain down 3.0% year-over-year. Read on to learn more about what’s been happening in the Fair Oaks rental market and how it compares to trends throughout the broader Washington metro area and the nation as a whole.