93 Luxury Apartments for rent in Herndon, VA

Last updated January 17 at 2:55am UTC
Lincoln at Discovery Square
13720 Atlantis St
Herndon, VA
Updated January 17 at 2:55am UTC
1 Bedroom
$1,430
2 Bedrooms
$2,145
3 Bedrooms
$2,455
2492 TERRA COTTA CIRCLE
Herndon
Herndon, VA
Updated January 17 at 1:58am UTC
3 Bedrooms
$2,200
118 PEARL ST
Herndon
Herndon, VA
Updated January 11 at 11:57am UTC
5 Bedrooms
$3,500
12327 MYTERRA WAY
Herndon
Herndon, VA
Updated January 17 at 1:59am UTC
5 Bedrooms
$2,950
13724 NEIL ARMSTRONG AVENUE
Herndon
Herndon, VA
Updated January 4 at 12:51pm UTC
2 Bedrooms
$2,050
1401 SADLERS WELLS DRIVE
Herndon
Herndon, VA
Updated January 5 at 12:53pm UTC
4 Bedrooms
$2,150
2616 TARLETON CORNER DRIVE
Herndon
Herndon, VA
Updated January 8 at 9:47am UTC
3 Bedrooms
$2,500
12431 WENDELL HOLMES ROAD
Herndon
Herndon, VA
Updated January 16 at 2:24am UTC
4 Bedrooms
$2,900
13063 GREG ROY LANE
Herndon
Herndon, VA
Updated January 14 at 1:42am UTC
4 Bedrooms
$3,100
2664 YUKON ROAD
Herndon
Herndon, VA
Updated January 11 at 2:40am UTC
4 Bedrooms
$2,950
12305 MYTERRA WAY
Herndon
Herndon, VA
Updated January 11 at 11:26am UTC
4 Bedrooms
$2,995
975 PARK AVENUE
Herndon
Herndon, VA
Updated January 3 at 12:01pm UTC
4 Bedrooms
$2,000
Capstone Cir
Herndon
Herndon, VA
Updated January 16 at 8:17am UTC
2 Bedrooms
$2,000
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January 2018 Herndon Rent Report

Welcome to the January 2018 Herndon Rent Report. Herndon rents increased over the past month. In this report, we'll evaluate trends in the Herndon rental market, including comparisons to cities throughout the metro, state, and nation.

View full Herndon Rent Report
Rent Report
Herndon

January 2018 Herndon Rent Report

Welcome to the January 2018 Herndon Rent Report. Herndon rents increased over the past month. In this report, we'll evaluate trends in the Herndon rental market, including comparisons to cities throughout the metro, state, and nation.

Herndon rents increased significantly over the past month

Herndon rents have increased 0.5% over the past month, and have increased slightly by 1.8% in comparison to the same time last year. Currently, median rents in Herndon stand at $1,890 for a one-bedroom apartment and $2,180 for a two-bedroom. Herndon's year-over-year rent growth leads the state average of 1.5%, but trails the national average of 2.8%.

Rents rising across the DC Metro

Throughout the past year, rent increases have been occurring not just in the city of Herndon, but across the entire metro. Of the largest 10 cities that we have data for in the DC metro, 6 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Waldorf has seen the fastest rent growth in the metro, with a year-over-year increase of 5.0%. The median two-bedroom there costs $2,040, while one-bedrooms go for $1,770.
  • Over the past year, Rockville has seen the biggest rent drop in the metro, with a decline of 1.1%. Median two-bedrooms there cost $1,930, while one-bedrooms go for $1,670.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,390; rents went down 0.3% over the past month but rose 0.5% over the past year.
  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,470; rents fell 0.8% over the past month but rose 1.6% over the past year.

Many large cities nationwide show more affordable rents compared to Herndon

As rents have increased slightly in Herndon, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Herndon is less affordable for renters.

  • Rents increased slightly in other cities across the state, with Virginia as a whole logging rent growth of 1.5% over the past year. For example, rents have grown by 2.4% in Virginia Beach and 1.8% in Norfolk.
  • Herndon's median two-bedroom rent of $2,180 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.8% increase in Herndon.
  • While Herndon's rents rose slightly over the past year, many cities nationwide also saw increases, including Los Angeles (+3.4%), Seattle (+3.0%), and Boston (+1.9%).
  • Renters will generally find more expensive prices in Herndon than most large cities. For example, Norfolk has a median 2BR rent of $950, where Herndon is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Washington, DC $1,310 $1,520 -0.8% -0.3%
Arlington $1,720 $1,990 -0.9% 0.9%
Alexandria $1,550 $1,790 -0.6% 0.4%
Germantown $1,630 $1,880 -0.4% -0.1%
Silver Spring $1,500 $1,740 -0.5% 1.4%
Centreville $1,570 $1,810 -1.0% -0.8%
Waldorf $1,770 $2,040 1.9% 5.0%
Frederick $1,270 $1,470 -0.8% 1.6%
Rockville $1,670 $1,930 -1.3% -1.1%
Bethesda $2,070 $2,390 -0.3% 0.5%
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Methodology - Recent Updates:

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 here.

Methodology:

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 here.

About Rent Reports:

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.