Rental market snapshot for Columbia Heights, Arlington
Columbia Heights rental market summary
The rental market in Columbia Heights, Virginia is showing signs of growth. In July 2023, there were 91 new listings, a 6.9% increase from June 2023. The median rent in July 2023 was $2,062, a 5.7% increase from July 2022. This indicates that the rental market in Columbia Heights is becoming more competitive and that prices are increasing.
The increase in new listings and median rent suggests that the rental market in Columbia Heights is becoming more attractive to potential renters. With more options available, renters have more choice and can find a property that meets their needs. The increasing median rent also suggests that landlords are able to charge more for their properties, which could lead to higher returns for investors.
Median rent for all residential properties in Columbia Heights
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The most expensive listings and top trending buildings in Columbia Heights
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1201 S Ross St | $3,675 | 2 / 2.0 |
1201 S Ross St | $3,375 | 2 / 2.0 |
1201 S Ross St | $2,944 | 2 / 2.0 |
1201 S Ross St | $2,850 | 1 / 1.0 |
1100 S Barton St | $2,800 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Elme Communities | $2,049 |
BM Smith & Associates | $1,984 |
Akelius Real Estate Management LLC | $1,939 |
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Bedroom Breakdown in Columbia Heights
Columbia Heights neighborhood apartments rents
The rental market for studios in Columbia Heights, Virginia is showing a slight decrease in rent from June to July 2023. There were 11 new studio listings in July 2023, with the median rent for studios at $1,736. This is a 1.0% decrease from the median rent of $1,754 in June 2023. This suggests that the rental market for studios in Columbia Heights is becoming more competitive, with more options available for renters.
The rental market for 1-bedroom apartments in Columbia Heights, Virginia is showing signs of growth. In July 2023, there were 32 new 1-bedroom listings, a 5.6% increase in median rent from June 2023 to July 2023, and a median rent of $1,975. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Columbia Heights, Virginia is showing signs of growth. In July 2023, there were 11 new 2-bedroom listings, a 14.7% increase in median rent from June 2023 to July 2023, and a median rent of $2,598. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.