Are Rents on the Rise in Alexandria, Virginia?

Alexandria, Virginia is now the 4th most expensive rental market in the D.C. area, according to the latest report by Zumper.

Alexandria, Virginia is the fourth most expensive Washington D.C. Metro area for rents in December 2018, according to Zumper, a real estate rental platform.

Median rents for one-bedroom apartments in Alexandria, Virginia are up 2% year-to-year and down 2.8% since November 2018, according to a report by Zumper, a real estate rental platform. The report ranks Alexandria, Virginia as the 4th most expensive in the region with one-bedroom units renting for $1,760 per month in the City.

The Zumper D.C. Metro Report reports aggregate data from across 8 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The state median one-bedroom rent in the D.C. area was $1,488.

In Zumper’s report, the most expensive rents ($2,300+) are found in Bethesda, MD. Reston, VA, with a median monthly rent of above $2,190 was 2nd with Arlington, VA coming in 3rd. Both Bethesda, MD and Reston, VA markets showed the strongest growth rates both month-to-month and year-to-year.

Visit this link for the full report.

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