Press Club

Morning Poll: Rising Rents

This morning the Washington Post quantified what many people have observed in the past year: rents in the area are going up, fast.

According to a Delta Associates study cited by the Post, local apartment rents have increased 8.2 percent this year, to an average of $1,643. Rents in the Washington area are at 20-year highs, as people flee the housing market for rentals. Only New York City has a lower vacancy rate.

Earlier this year, we reported on the red-hot rental market in Pentagon City, where the average rent at the beginning of the year was $1,902 and rising. And Pentagon City certainly wasn’t alone in terms of rent hikes in the county.

Just how fast have rents been increasing in Arlington in the past year? Let’s find out.


Recent Stories

Local Republicans nominated Arlington resident Karina Lipsman on Saturday to seek the U.S. House seat currently held by Rep. Don Beyer (D-Va.). Early voting is underway for the primary to…

An Arlington man is facing charges after allegedly shoving and threatening a county parking aide. The incident happened Thursday afternoon along S. Lowell Street in the Green Valley neighborhood. “At…

Fill your days with adventure as District Fray Magazine compiles a list of 26 things to do this summer.

Sponsored by Monday Properties and written by ARLnow, Startup Monday is a weekly column that profiles Arlington-based startups, founders, and other local technology news. Monday Properties is proudly featuring 1515 Wilson Blvd in Rosslyn. Two companies that help…

×

Subscribe to our mailing list