Rental market snapshot for Northeast, Alexandria
Northeast rental market summary
The rental market in Northeast, Virginia is showing signs of growth. In July 2023, there were 15 new listings, indicating an increase in rental availability. The median rent for the month of July 2023 was $1,995, a 4.1% decrease from the previous month. This decrease in rent is likely due to the increased availability of rental units. However, when compared to the same time last year, the median rent has increased by 18.6%, indicating a strong rental market in the area.
Overall, the rental market in Northeast, Virginia is showing signs of growth and stability. With an increase in new listings and a steady increase in median rent, the area is a great place to rent. With the increased availability of rental units, renters can find a great place to call home at an affordable price.
Median rent for all residential properties in Northeast
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The most expensive listings and top trending buildings in Northeast
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 701 Chetworth Pl | $7,243 | 3 / 2.0 |
| 1606 W Abingdon Dr | $2,100 | 1 / 1.0 |
| 1814 W Abingdon Dr | $1,995 | 1 / 1.0 |
| 1420 W Abingdon Dr | $1,825 | 0 / 1.0 |
| 1730 W Abingdon Dr | $1,800 | 1 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Bernstein Management Corp. | $1,733 |
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Bedroom Breakdown in Northeast
Northeast neighborhood apartments rents
The rental market for studios in Northeast, Virginia is showing signs of growth. In July 2023, there was one new studio listing, and the median rent for studios increased by 20.1% from June 2023 to July 2023, from $1,520 to $1,825. This suggests that the demand for studios in Northeast, Virginia is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Northeast, Virginia is showing signs of stability. In July 2023, there were two new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 2.8% from June 2023 to July 2023, from $1,782 to $1,732. This suggests that the rental market is not experiencing any significant changes in the short-term, and that renters can expect to find reasonable prices for 1-bedroom apartments in the area.
The rental market for 2-bedroom apartments in Northeast, Virginia is showing signs of stability. In May 2023, there were 3 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,980, only a 1.2% decrease from the median rent in April 2023. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.