Arlington’s apartment-rental costs continued a seasonal slide in November, but remained the highest outside California in a national survey.
According to figures reported Dec. 3 by Apartment List, the median rent in Arlington was $2,398 for a one-bedroom unit, $2,898 for two bedrooms and $2,547 overall. That’s down 0.9% month-over-month, compared to a 1% decrease nationally, and is down 0.3% year-over-year.
The median rental cost for an Arlington apartment is down 0.9% year-over-year, according to new data, paralleling a slight nationwide decrease.
The county’s apartments remain among the most expensive in major urban areas outside California.
For the first time in months, the median rental cost for a two-bedroom Arlington apartment has dipped below $3,000.
That’s according to Apartment List, whose August report pegged the median cost of an Arlington one-bedroom unit at $2,473, a two-bedroom unit at $2,989 and the median for all sizes at $2,627.
For $1,500 a month, Arlington residents can typically rent an apartment of just 476 square feet.
Not surprisingly, given the overall cost of rent in the county, this is one of the lowest square-footage totals for $1,500 to be found anywhere in the country.
With the cost of a two-bedroom apartment above $3,000 for another month, Arlington rent continued a gradual upward trajectory in June.
The county’s median rent for an apartment was up 0.3% month-over-month, contributing to an increase of 3.6% since the start of the year and 2.6% year-over-year, according to data reported by Apartment List.
Arlington rents are still on the rise, even as regional economic concerns mount.
Apartment List and Zumper both released new data analyses yesterday (Tuesday). They differ somewhat, but both point in a single direction: upward.
Arlington has one of the highest proportions of luxury rental housing among U.S. cities.
That’s according to a new set of rankings from the real estate website Point2.
There’s more evidence that Arlington is an expensive place to live.
The county has moved to No. 7 on a list of the priciest rental markets in the country, up from No. 10 last year.
Arlington is “most desired city by renters” in the United States for the second month in a row, according to a rental website.
From RentCafe.com’s August Rental Activity Report:
Arlington has the tenth-highest rent in the United States, according to a new report.
Rental website Zumper compiled median one-bedroom rents in localities across the U.S. and Arlington is No. 10 on the list. The good news, though, is that the county moved down a spot, after neighboring D.C. moved up to No. 9.
The owner of garden apartments on the edge of the Fairlington neighborhood nabbed $46.6 million in federal loans to help keep the units affordable and fund upgrades.
Over the last two years, Standard Communities, which owns Park Shirlington (4510 31st Street S.), has been amassing funding — including from Arlington County — to keep the nearly 300 units on site affordable to people earning up to 60% of the area median income, while funding renovations and new construction work.
Arlington is the tenth priciest market for rental housing in the United States, according to an updated set of rankings.
Rental website Zumper released its latest national rent report, which lists Arlington at No. 10 and neighboring D.C. at No. 9. New York City tops the list.
