Rental market snapshot for Lyon Park, Arlington

Lyon Park rental market summary

The rental market in Lyon Park, Virginia is showing signs of growth. In July 2023, there were 29 new listings, a 12.1% increase from the previous month. This indicates that more people are looking to rent in the area. The median rent also increased from $3,320 in June 2023 to $2,917 in July 2023, a 2.4% increase from the same time last year. This suggests that the rental market in Lyon Park is becoming more competitive, with more people looking to rent in the area.

Overall, the rental market in Lyon Park, Virginia is showing signs of growth. With more new listings and an increase in median rent, it is becoming a more attractive option for renters. The increase in competition is likely to continue as more people look to rent in the area. As the rental market continues to grow, it is important for renters to be aware of the current market conditions in order to make the best decisions for their rental needs.

Median rent for all residential properties in Lyon Park

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Lyon Park

Most Expensive Listings

AddressRent PriceBed / Bath
2400 3rd St N$4,6004 / 2.0
925 N Garfield St$4,3282 / 2.5
3131 9th Rd N$4,3003 / 2.0
925 N Garfield St$4,2982 / 2.5
2209 N Pershing Dr$3,5102 / 2.0

Top Trending Buildings

building nameavg rent price
KETTLER$2,917

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Lyon Park

Studio
$2,055
MEDIAN RENT
1 Bedroom
$2,917
MEDIAN RENT
2 Bedroom
$4,313
MEDIAN RENT

Lyon Park neighborhood apartments rents

The rental market for studios in Lyon Park, Virginia is showing signs of growth. In March 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in March 2023 was $2,055, a 1.7% increase from the median rent in February 2023. This suggests that the rental market for studios in Lyon Park is becoming more competitive, with landlords able to increase their asking prices.

The rental market for 1-bedroom apartments in Lyon Park, Virginia appears to be stable, with only one new listing in July 2023 and a median rent of $2,917. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 1-bedroom apartments in Lyon Park appears to be steady.

The rental market for 2-bedroom apartments in Lyon Park, Virginia appears to be relatively stable, with only two new listings in July 2023 and a median rent of $4,313. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month. Overall, the rental market for 2-bedroom apartments in Lyon Park appears to be relatively steady.

Explore other Arlington Neighborhoods

Bluemont
Ballston-Virginia Square
Waverly Hills
Fairlington-Shirlington
Arlington Heights
Arlington-East Falls

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Lyon Park is $2,917.
Made withDataherald