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.
A proposed apartment renovation project in Shirlington could receive an additional $2.6 million in loans from the county.
Tomorrow (Saturday), the Arlington County Board is set to review a proposal increasing the size of an existing loan from the county’s Affordable Housing Investment Fund (AHIF) for renovations to the Park Shirlington Apartments, a 1950s-era, garden-style complex with 293 units along 31st Street S., on the edge of the Fairlington neighborhood.
Saturday Afternoon’s Painted Sky — From the Capital Weather Gang: “A couple more nice examples of this circumhorizon arc being see all over the DMV. We wrote about these a few years ago… not uncommon high in the sky around midday during summer.” [Twitter]
Local Woman Harassed in Metro Station — “A 21-year-old woman is sharing the frightening experience she had when a stranger yelled at and harassed her for 10-straight minutes at a Metro station this week in Washington, D.C. Helen Molteni, of Arlington, Virginia, said she was on the platform at the Foggy Bottom station when a man came up to her and started harassing her.” [NBC 4]
‘Missing Middle’ Fight Heats Up — “The topic of housing wasn’t even on the agenda for lawmakers in Arlington County, but residents streamed into one recent meeting with a sea of posters to express their dueling views on the issue… That raucous meeting offered a taste of what promises to be one of the most contentious political battles in recent memory in Arlington: a proposal to legalize ‘missing middle’ housing — from townhouses to duplexes to eight-unit buildings — that many are treating as an existential debate over the future of this affluent, deep-blue Northern Virginia suburb.” [Washington Post]
Arlington Has Priciest Local Rent — New data shows that the average rent for one-bedroom apartments in Arlington is the highest in the region, after rising 5% month over month to $2,310/mo. [Zumper]
