Rental market snapshot for Old Town North, Alexandria
Old Town North rental market summary
The rental market in Old Town North, Virginia is showing signs of growth. In July 2023, there were 73 new listings, a 10.2% increase from the previous month. This is indicative of a healthy market, as more people are looking to rent in the area. The median rent in July 2023 was $3,210, a 3.5% increase from the same time last year. This suggests that rental prices are on the rise, likely due to increased demand.
Overall, the rental market in Old Town North, Virginia is looking strong. With more listings and increasing prices, it is a great time to be a renter in the area. Those looking to rent should act quickly to take advantage of the current market conditions.
Median rent for all residential properties in Old Town North
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The most expensive listings and top trending buildings in Old Town North
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
400 Wythe St | $5,079 | 2 / 2.0 |
400 Wythe St | $4,936 | 2 / 2.0 |
635 Slaters Ln | $4,750 | 2 / 2.0 |
614 Tivoli Psge | $4,500 | 2 / 3.0 |
635 Slaters Ln | $4,400 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Gables Residential | $2,601 |
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Bedroom Breakdown in Old Town North
Old Town North neighborhood apartments rents
The rental market for studios in Old Town North, Virginia is relatively stable. In May 2023, there were 7 new studio listings, with a median rent of $2,361. This is a slight decrease of .9% from the median rent of $2,382 in April 2023. This indicates that the rental market for studios in Old Town North is relatively steady, with only minor fluctuations in rent prices.
The rental market for 1-bedroom apartments in Old Town North, Virginia is showing signs of growth. In July 2023, there were 9 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,629, a 1.6% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Old Town North, Virginia is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $4,307, a 1.4% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in Old Town North is becoming more competitive, with landlords likely to increase their prices in order to attract tenants.