Rent Keeps Going Up — “Arlington’s median apartment-rental rate remains highest in the metropolitan area and has fully rebounded from dropoffs during the early part of COVID, according to new data. With a median rental rate of $1,999 for a one-bedroom unit and $2,391 for two bedrooms in May, Arlington’s average rental… is now up just under 13 percent year-over-year.” [Sun Gazette]
Arlington Making Much Multifamily — From a spokesperson, about a new set of national rankings: “Multi-family units authorized in Arlington increased by 1,095.8% — a total addition of 2,838 units — between 2020 and 2021. Out of all midsize cities, Arlington experienced the 5th largest increase in multi-family home construction.” [Construction Coverage]