28 Apartments under 1500 for rent in Leesburg, VA

Last updated June 20 at 3:49pm UTC
212 LOUDOUN STREET SE
Leesburg
Leesburg, VA
Updated June 20 at 2:49pm UTC
Studio
$1,000
125 CLUBHOUSE DRIVE SW
Leesburg Country Club
Leesburg, VA
Updated June 18 at 10:07pm UTC
1 Bedroom
$1,200
107 ROYAL STREET SW
Leesburg
Leesburg, VA
Updated June 9 at 8:33am UTC
2 Bedrooms
$1,350
Results within 5 miles of Leesburg, VA
20960 Timber Ridge Ter #203
Ashburn Farm
Ashburn, VA
Updated May 4 at 11:03am UTC
1 Bedroom
$1,350
Results within 10 miles of Leesburg, VA
44075 PIPELINE PLAZA
Ashburn
Ashburn, VA
Updated June 20 at 2:51pm UTC
Studio
$500
23 Bickel Ct
Countryside
Sterling, VA
Updated June 19 at 9:22am UTC
2 Bedrooms
$1,395
211 BEACON DRIVE
Sterling
Sterling, VA
Updated June 19 at 9:16am UTC
1 Bedroom
$1,095
42492 MAYFLOWER TERRACE
Brambleton Landbay
Ashburn, VA
Updated June 16 at 2:00pm UTC
1 Bedroom
$1,450
1802 GREYSENS FERRY COURT
Point of Rocks
Point of Rocks, MD
Updated June 16 at 2:29am UTC
1 Bedroom
$1,050
23390 EPPERSON SQUARE
Brambleton Landbay
Ashburn, VA
Updated June 13 at 1:54am UTC
Studio
$1,400

June 2018 Leesburg Rent Report

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

View full Leesburg Rent Report
Rent Report
Leesburg

June 2018 Leesburg Rent Report

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

Leesburg rents increase sharply over the past month

Leesburg rents have increased 1.1% over the past month, and have increased moderately by 2.3% in comparison to the same time last year. Currently, median rents in Leesburg stand at $1,690 for a one-bedroom apartment and $1,950 for a two-bedroom. Leesburg's year-over-year rent growth leads the state average of 0.9%, as well as the national average of 1.5%.

Rents rising across the DC Metro

Throughout the past year, rent increases have been occurring not just in the city of Leesburg, but across the entire metro. Of the largest 10 cities that we have data for in the DC metro, 7 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 4.3%. The median two-bedroom there costs $1,990, while one-bedrooms go for $1,720.
  • Over the past year, Centreville has seen the biggest rent drop in the metro, with a decline of 2.7%. Median two-bedrooms there cost $1,860, while one-bedrooms go for $1,610.
  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,530; rents increased 0.7% over the past month and 3.6% over the past year.
  • Bethesda has the most expensive rents of the largest cities in the DC metro, with a two-bedroom median of $2,430; rents grew 1.0% over the past month and 0.6% over the past year.

Many large cities nationwide show more affordable rents compared to Leesburg

As rents have increased moderately in Leesburg, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Leesburg is less affordable for renters.

  • Rents increased slightly in other cities across the state, with Virginia as a whole logging rent growth of 0.9% over the past year. For example, rents have grown by 1.5% in Virginia Beach and 0.1% in Norfolk.
  • Leesburg's median two-bedroom rent of $1,950 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 2.3% increase in Leesburg.
  • While Leesburg's rents rose moderately over the past year, some cities nationwide saw decreases, including Chicago (-0.8%) and Seattle (-0.8%).
  • Renters will generally find more expensive prices in Leesburg than most large cities. For example, Norfolk has a median 2BR rent of $950, where Leesburg 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 $1,320 $1,530 0.5% -0.1%
Arlington $1,770 $2,050 1.2% 0.7%
Alexandria $1,570 $1,820 0.9% 0.4%
Germantown $1,670 $1,930 1.4% 1.8%
Silver Spring $1,520 $1,750 0.0% 2.4%
Centreville $1,610 $1,860 -0.2% -2.7%
Waldorf $1,720 $1,990 0.8% 4.3%
Frederick $1,320 $1,530 0.7% 3.6%
Rockville $1,710 $1,980 0.2% -0.2%
Bethesda $2,100 $2,430 1.0% 0.6%
See more

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.