87 Apartments under 1400 for rent in Oakton, VA

Last updated June 22 at 7:28pm UTC
Results within 1 miles of Oakton, VA
11130 FAIRFAX BLVD, SUITE 200 B
Fairfax
Fairfax, VA
Updated June 22 at 7:26pm UTC
Studio
$650
301 MAPLE AVENUE W
Vienna
Vienna, VA
Updated June 22 at 7:26pm UTC
Studio
$1,200
9471 FAIRFAX BOULEVARD
Fairfax
Fairfax, VA
Updated June 9 at 8:31am UTC
1 Bedroom
$1,295
9479 FAIRFAX BOULEVARD
Fairfax
Fairfax, VA
Updated June 9 at 8:31am UTC
1 Bedroom
$1,395
9485 FAIRFAX BOULEVARD
Fairfax
Fairfax, VA
Updated June 9 at 8:30am UTC
1 Bedroom
$1,395
Results within 5 miles of Oakton, VA
7297 LEE HIGHWAY
Falls Church
Falls Church, VA
Updated June 22 at 7:28pm UTC
Studio
$1,100
7705 DONNYBROOK COURT
Annandale
Annandale, VA
Updated June 22 at 7:27pm UTC
1 Bedroom
$1,200
5509 Talon Ct.
Fairfax
Fairfax, VA
Updated June 22 at 10:26am UTC
2 Bedrooms
$650
11812 BRETON COURT
Reston
Reston, VA
Updated June 22 at 7:24am UTC
1 Bedroom
$1,395
4905 AMERICANA DRIVE
Annandale
Annandale, VA
Updated June 20 at 2:35am UTC
1 Bedroom
$1,195
7487 LITTLE RIVER TURNPIKE
Annandale
Annandale, VA
Updated June 19 at 12:04pm UTC
1 Bedroom
$1,350
1951 SAGEWOOD LANE
Reston
Reston, VA
Updated June 17 at 2:18am UTC
Studio
$925
2106 GALLOWS ROAD
Vienna
Vienna, VA
Updated June 15 at 9:55am UTC
Studio
$1,095
1951 SAGEWOOD LANE
Reston
Reston, VA
Updated June 15 at 2:34am UTC
1 Bedroom
$1,200
4401 SEDGEHURST DRIVE
Fairfax
Fairfax, VA
Updated June 15 at 2:32am UTC
1 Bedroom
$1,350
7483 LITTLE RIVER TURNPIKE
Annandale
Annandale, VA
Updated June 14 at 9:36am UTC
1 Bedroom
$1,195
12160 PENDERVIEW TERRACE
Fairfax
Fairfax, VA
Updated June 13 at 1:53am UTC
1 Bedroom
$1,300

June 2018 Oakton Rent Report

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

View full Oakton Rent Report
Rent Report
Oakton

June 2018 Oakton Rent Report

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

Oakton rents increased significantly over the past month

Oakton rents have increased 0.4% over the past month, and have increased sharply by 6.7% in comparison to the same time last year. Currently, median rents in Oakton stand at $1,930 for a one-bedroom apartment and $2,230 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in December of last year. Oakton'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 Oakton, 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.
  • 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.
  • Frederick has the least expensive rents in the DC metro, with a two-bedroom median of $1,530; rents were up 0.7% over the past month and 3.6% over the past year.

Many large cities nationwide show more affordable rents compared to Oakton

As rents have increased sharply in Oakton, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Oakton 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.
  • Oakton's median two-bedroom rent of $2,230 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 6.7% increase in Oakton.
  • While Oakton's rents rose sharply 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 Oakton than most large cities. For example, Norfolk has a median 2BR rent of $950, where Oakton 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.