Rental market snapshot for Seminary Hill, Alexandria
Seminary Hill rental market summary
The rental market in Seminary Hill, Virginia is showing signs of stability. In July 2023, there were 97 new listings, indicating that the market is still active. The median rent for the month was $1,834, a slight decrease of .6% from the previous month. This suggests that the market is not experiencing any drastic changes in prices. When compared to the same month in the previous year, the median rent was only .9% lower. This indicates that the rental market in Seminary Hill is relatively stable and is not experiencing any major fluctuations in prices.
Overall, the rental market in Seminary Hill, Virginia appears to be healthy and stable. The number of new listings is still high, and the median rent is only slightly lower than the previous month and year. This suggests that the market is not experiencing any drastic changes in prices, and that it is a good time for renters to find a place in the area.
Median rent for all residential properties in Seminary Hill
Get the latest rental data first
The most expensive listings and top trending buildings in Seminary Hill
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3864 Dominion Mill Dr | $3,200 | 3 / 3.5 |
| 4600 Duke St | $3,000 | 3 / 2.0 |
| 43 S Early St | $2,800 | 4 / 2.5 |
| 3904 Keller Ave | $2,795 | 2 / 1.5 |
| 4701 Kenmore Ave | $2,395 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| AIMCO | $1,535 |
| Westminster Management | $1,488 |
| Harbor Group | $1,470 |
| Morgan Properties | $1,470 |
Get the latest rental data first
Bedroom Breakdown in Seminary Hill
Seminary Hill neighborhood apartments rents
The rental market for studios in Seminary Hill, Virginia is showing signs of stability. In July 2023, there were 6 new studio listings, and the median rent for studios remained relatively unchanged from June 2023, decreasing by only 1.6%. This suggests that the rental market for studios in Seminary Hill is not experiencing any drastic changes, and is likely to remain stable in the near future.
The rental market for 1-bedroom apartments in Seminary Hill, Virginia is showing signs of growth. In July 2023, there were 10 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,485, a 4.5% decrease from the median rent in June 2023 of $1,555. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Seminary Hill, Virginia appears to be on the rise.
The rental market for 2-bedroom apartments in Seminary Hill, Virginia is showing signs of growth. In July 2023, there were 22 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 $1,874, which is 4.5% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Seminary Hill, Virginia is looking positive.